We run an 8-person industrial design and engineering consultancy in Turin. For years, we relied on a local NAS drive in our office. But between the friction our remote designers face when sharing files and the risk of physical hardware failure, we're planning to migrate all our CAD drawings, client contracts, and financial records to an enterprise cloud storage provider. Our annual storage budget is around 1,200 Euro.
One of my business partners is dead set against entrusting our data to a third-party server, worried that a potential breach or a dispute with the vendor would bring our entire operation to a standstill.
As an SME, what security aspects should we keep in mind for cloud storage? What technical, legal, and access controls do we need to verify before handing over our data? How can we properly manage vendor lock-in risk?