An investigation of security risk & taxonomy of Cloud Computing environment

Since the inception of this new technology, inclusion of cloud computing in IT sectors has grown in popularity. This is a new movement in industrial technology that will continue to expand and develop their competency in the coming years. Because of numerous advantages of cloud computing over traditional computing, most businesses are fast switching to it. As per one of the report published by IBM in 2020 the average cost for a data breach place 3.8 million dollar. 1001 data breaches are came in to the figure in United States alone in 2020. More and more security issues and challenges are swelling with the growth in the complexity of this technology. So, to enable the proper security wheels with the services hosted by the CSPs is the leading concern. The motive here is to investigate security vulnerabilities & challenges of the cloud-computing environment which further provide an ease to applications deployment. It also present a taxonomy of various building blocks of Cloud Computing platform.