Relying on cloud-based storage poses several risks, primarily related to data security and privacy. Since data is stored on external servers, it is vulnerable to cyberattacks, where malicious actors may attempt to access sensitive information. Additionally, there is the risk of service outages, which can lead to data inaccessibility when needed most. Compliance with data protection regulations can also be challenging, especially for organizations handling personally identifiable information. Finally, the risk of vendor lock-in can limit flexibility, making it difficult to change providers or retrieve data.