Shifting business to the cloud has its appeals. Platforms like Microsoft Azure, Amazon Web Services, and Google Cloud Platform offer economies of scale, enhanced security, and access to newer technologies like artificial intelligence and machine learning, capabilities smaller organizations might not have the resources to develop in-house. Much of the hype around the cloud revolves around these advantages, but there are disadvantages, too.

Aly McDevitt is Data & Research Journalist at Compliance Week. She has a background in education and college consulting. Prior to teaching, she was an editor/author at Thomson Reuters, where she reported...