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Microsoft
Microsoft

-4.6%

IT / Technology and software

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Risks

1. Data Security and Privacy Risks: Data security and privacy risks are always a concern with any online cloud-based service. When using Office 365, all of your data is stored in Microsoft’s cloud and is susceptible to hacking, theft, ransomware attacks, or other cybercrimes. Microsoft recognizes this risk and provides a number of security features to protect your data.


2. Interoperability Issues: Office 365 can be a great tool for organizations that need to collaborate with others or access their documents from multiple devices and locations, but it is important to recognize that Office 365 may not be compatible with your organization’s existing software.


3. Cost: Office 365 may be a great solution for certain organizations, however it can be financially restrictive for smaller organizations who don’t have the budget to support its use. Additionally, it can be difficult to predict how much you will end up spending on the service, as some features or plans may require additional costs over time.


4. Downtime: Despite the many advantages of using cloud services, providers can still experience outages or downtime when the service is unavailable. This could interrupt business-critical activities and cause customer dissatisfaction.


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