Cloud computing represents a significant shift in IT, allowing for shared application-hosting providers, particularly in regulated industries. It offers economies of scale by distributing costs and pooling resources, aligning with users' real-time computing needs. However, organizations face various issues and risks when storing data in the cloud that need careful consideration.

1. According to your readings, cloud computing represents one of
the most significant paradigms shifts in information technology
(IT) history, due to an extension of sharing an application-
hosting provider that has been around for many years, and was
common in highly regulated vertical industries like banks and
health care institutions. The author’s knowledge from their
research continue to assert that, the impetus behind cloud
computing lies on the idea that it provides economies of scale
by spreading costs across many client organizations and pooling
computing resources while matching client computing needs to
consumption in a flexible, real-time version.
Identify the issues and risks that pose concern to organizations
storing data in the cloud - briefly support your discussion.