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Benefits, Threats and Attacks on Cloud Computing

Economical

Infrastructure cost is greatly reduced.
Less maintenance cost
Less cost of ownership
Fewer capital Expenses

Operational

Flexibility
Resiliency
Efficiency
Backup and disaster recovery
Automatic updates
Scalable
Quick application deployment

Staffing

Less Staffing required
Less personal training
Sharing of resources

Security

Automatic patch application and updates.
Less cost on security configurations.
Swift responses received on security breaches.
Better disaster recovery.
Audit and monitoring did on provider’s side.
Better management of security systems.

Threats and attacks on cloud

Deletion without a backup
Data Breach
Hardware failures
Natural disasters
Authentication attacks
VM level attacks
Malicious insiders
Unknown risk profile
Vulnerable co-existents
Compliance risks
E-discovery is difficult across cross-borders.
Loss of the encoding key
Unauthorized access
Account, Service & Traffic Hijacking
Man-in-the-middle attacks
Denial-of-service attacks.
Cloud service provider may go out of business.
Cloud service provider may decide to hold the data as a hostage if there is a dispute.
Need to ensure that its private data is stored separately from others. If another client is the victim of a hack attack, it might affect the availability or integrity of the data of other companies located in the same environment.
Data transfer across borders makes the laws to be applied even more complicated and consequently resulting in the private information to be even more vulnerable.
SQL injection attacks allow attackers to gain unauthorized access to a database.
Cross Site Scripting (XSS)
Cryptanalysis attacks
Side channel attacks
Social engineering attacks
DNS attacks

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