Security is a significant concern when it comes to storing the company’s sensitive data in the cloud. Cloud providers should have multiple security standards and be continuously update them. Security measures should include anti-virus detection, firewalls, multifactor user authentication, data encryption, and routine security audits. It is also essential to know which person from the providing company will have access to your data residing in the cloud. Legal regulations should be on the checklist too because some industries impose strict rules for privacy and security, the healthcare industry, for example, has strict rules for protecting patients data.