Risk transfer refers to the transfer of the burden of loss to another party. This can be done through legislation, contract, insurance or any other means. It may also involve the transfer of any type of risk. There are many definitions of the term “risk transfer”. The reason behind this action is to take a particular risk that carries the insurance contract and pass it on to a party who does not. wishes to continue to entrust this risk (the insured) to a party who is willing to accept it for a fee or premium (the insurer). Now let's take an example to illustrate the risk transfer scenario. For example, someone purchased homeowners insurance in hopes of owning a home. Unfortunately, something happens that causes property damage, such as a fire or natural disaster. In this case, the insurance company will assume the consequences resulting from the damage. Risk transfer is a permanent requirement that is always included in the insurance contract even today, regardless of the complexity and complexity of insurance instruments in today's financial market. Risk transfer is achieved through insurance and contracts. There are several levels of protection, such as insured status, contracts and insurance certificates, to help protect one's assets. Effective risk transfer benefits all parties involved. An effective risk transfer strategy involves the following five areas: Certificates of Insurance • Require certificates of insurance from various parties. • Determine appropriate insurance limits. review of insurance certificates.Additional insured status• Apply for additional insured...... middle of paper ......e cloud provider. This problem can become worse when there are multiple data transfers between federal clouds. Insecure or incomplete data deletion: When a cloud deletion request is made, the data may not be completely deleted. Prompt deletion of data may also not be possible because additional copies of the data may not be available. Additionally, the disk on which the data is saved may have already been destroyed. When reusing resources, this can pose a greater problem. Malicious Insider: Although less likely, the damage caused by a malicious insider is much more serious. Customer Security Expectations: The customer's perception of the regarding security levels may actually be different from that of security levels. levels defined by the cloud provider. Availability Chain: Relying on the Internet connection on the client side can create a single point of failure..