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Risk Management in Computing

Mahendra Patel
Risk Management in Computing

Over the last few years, enterprises have primarily adopted cloud computing services. With this considerable expansion comes the risk of cybersecurity. 

In the last 18 months, 79% of organizations have experienced at least one cloud data breach.  

This is alarming as the other 43% have reported more than ten breaches simultaneously.  

In this blog, we will discuss how organizations can secure their clouds with the help of the best cloud risk management practices. 

Why is risk management required in cloud computing? 

Risk management is a process of identifying, assessing, and controlling threats that may contribute to an organization's capital and earnings.  

A successful risk management solution includes a holistic approach to managing risk by anticipating and understanding the risk that may fall upon an organization.  

94% of the enterprises use cloud services in some form or the other.  

Organizations benefit tremendously from the clouds as they allow organizations to accelerate their operations and move forward at an agile pace.   

However, with tremendous benefits come threats that they pose to security and privacy.  

Cloud risk management has become more critical than ever before in the wake of rapid cloud adoption.  

86% of enterprises face challenges in managing data in a multi-cloud environment.  

Which means something is wrong?  

With rapid cloud adoption comes the high risk of cloud data security and privacy risk. With effective cloud consulting services, organizations can implement appropriate risk management measures.  

How can companies benefit by adopting risk management in computing?  

Effective risk management can benefit the organizations in various ways: 


  • More awareness across all the vertices of the company.  
  • Improved workplace safety and security of employees.  
  • A differentiating factor from the competitors in the marketplace.  
  • Reinforcing better security compliance to maintain the security standards.  
  • The clarity in goals and organizational objectives. 

Best risk management practices to follow in cloud computing 

1. Overall risk management  

A comprehensive risk management framework can deliver the best risk management services. Cloud security services can minimize the risks associated with cloud migration by incorporating the best cybersecurity approaches.  

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Mahendra Patel
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