Security and data confidentiality are among the most debated topics on cloud computing. Sharing most essential data of the company with a third party provider makes some managers to think twice before choosing cloud computing over on-premise solutions.
However, sharing sensitive data is not a new issue firms are facing. For example, many companies outsource payroll or use external email services.
Cloud security issues are very similar to large data centres problems. The same way large data centres provide a high level of security, cloud services are secured usually by a high standard security team. Statistics show that cloud services are more secure than on-premise systems. Also, the cost involved in securing cloud services is far less, compared to on-premise systems.