With cloud computing this is not the case. Your data is kept in virtual 'cloud' maintained by a range of virtual servers. This new practice comes with a several privacy and security issues. Compliance, auditing, and other complex legal issues have had to be re-evaluated. It will also affect your risk management practices.
There are many benefits to cloud computing. It is greener, more efficient, faster, and less expensive than its alternatives.
It will free you from worries about up keeping and updating your IT infrastructure and allow you to concentrate on the far more important task of running your business. To help you fully understand the process, the following is a checklist of concerns and issues that you should consider when evaluating a cloud service: