Analysis of Security Hazards and Solutions to Improve Security in Cloud Computing

Cloud Computing is a term for delivering hosted services over the Internet. It follows a pre-pay paradigm. Cloud Computing is an emergency paradigm for large scale infrastructures. It has the advantages of lowering cost by sharing computing and repository resources, decrease in cost of electricity, network bandwidth, and operations. Most of the companies deploy at least some IT functions to third party service providers. Cloud computing preparations are becoming more popular as more and more organizations are attracted to the potential cost savings and enhanced flexibility that it offers. While there are a number of benefits to outsourcing data storage or processing to a cloud provider, there are also some steps that an organization should take to help ensure that the security and integrity of its data is maintained in the cloud and to ensure that it complies with its privacy law obligations. This article mainly targets on various security hazards and the role that standards play to improve cloud security.