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3 Security Advantages That a Cloud-Based Solution Can Offer Your Business

Cloud-based solutions have never been more popular, and for good reasons as well. Not only do they offer major security benefits, but they can also greatly reduce the cost it would take to build and manage these security measures yourself. Some these benefits include:

1. Higher Standards

One advantage of implementing a cloud-based solution for your business, is the higher standard of security that you would get, compared to your in-house solution.

Multi-Factor Authentication

Higher security standards, like Multi-Factor Authentication, can take a lot of time, skills, and resources in order to implement. Most companies, however, don’t have these readily available.

With cyber criminals becoming more and more sophisticated, higher security measures are critical in order to protect your customers data.  

Multi-Factor Authentication acts as a second layer of security for your customers. For example, once a user enters their credentials or selects social login, they are sent a specific authentication code that they have to enter in order to be fully logged in. With LoginRadius, users can verify their identity through SMS messaging, automated phone calls, security questions, or authenticator apps.

Security Management

Properly securing your customers’ identity and data can be a pretty big burden for you. One that can interfere with the time you need to conduct your business. This is why businesses are turning to cloud-based solutions to help manage and secure their customers’ data and privacy.

For example, LoginRadius provides the best-in-class data security that also gives you control over how and where your data will be maintained. A few ways this is accomplished includes:

  • One-way Hashing
  • Field Level Encryption
  • Encryption in Transit and at Rest

A good foundation also enables you to offer 24/7 availability, where your customers can securely access your online services anytime of the day, anywhere in the world.

Security Certifications

Businesses can’t afford to take risk with their customers’ data and privacy. Fortunately, security certificates make it easier for companies to trust that cloud-based providers know what they’re doing and are using best-practices.

Cloud-based providers also ensure that companies are keeping up to date with the many privacy laws, especially if you are dealing with customers globally. Customer Identity solutions, specifically, can help ensure you meet all the major regulations and policies, so that you can store your data in any global region.

2. Less Room for Error

Advancements in technology reduce the need to rely on humans for many tasks. Since manual effort is not required for tasks that need to be replicated, using technology for those jobs directly translates to fewer errors.

Also, when it comes to a cloud-based solution, there is no reason to worry about data being stolen as a result of misplacing storage devices or laptops and mobile phones. Since data is stored on the cloud, the loss of a physical device does not affect the data.

3. Infrastructure Updates via the cloud

One of the more obvious differences between cloud-based and on-premise solutions is that cloud-based solutions eliminate the need for physical data storage onsite. For businesses, this means that there is no longer the need to wait for a technician to come and update any infrastructure changes whenever necessary.

By having a cloud-based solution, the database that stores your customers’ data is looked after and maintained 24/7, with system alerts in place at all times to ensure that all data syncing, security, and API functionalities are always in tip-top shape. Should anything happen, the solution provider is immediately alerted and any necessary updates can be directly released into your cloud environment. Gone are the days where you have to wait for your team or a technician to come on-site to troubleshoot.

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