This document discusses the risks associated with cloud computing. It begins by introducing two types of cloud providers: cloud service providers that offer SaaS or PaaS, and infrastructure providers that offer IaaS. It then outlines several security concerns with cloud computing like secure data transfer and access control. The document also lists potential risks to cloud solutions like not meeting economic objectives, not being scalable, or experiencing a catastrophe. It advocates for risk management practices and outlines steps for enterprise-wide risk management. Finally, it details several types of risks in cloud computing like misuse, insecure interfaces, data loss or leakage, and hijacking.