Cloud storage is defined as “the storage of data online in the cloud,” wherein a company’s data is stored in and accessible from multiple distributed and connected resources that comprise a cloud.
Cloud storage can provide the benefits of greater accessibility and reliability; rapid deployment; strong protection for data backup, archival and disaster recovery purposes; and lower overall storage costs as a result of not having to purchase, manage and maintain expensive hardware. There are many benefits to using cloud storage, however, cloud storage does have the potential for security and compliance concerns that are not associated with traditional storage systems.