The loss of business and downturn of economics almost occur every day. Thus technology is needed in every organization. Cloud computing has played a major role in solving the inefficiencies problem in organizations and increase the growth of business thus help the organizations to stay competitive. It is required to improve and automate the traditional ways of doing business. Cloud computing has been considered as an innovative way to improve business. Overall, cloud computing enables the organizations to manage their business efficiently. Unnecessary procedural, administrative, hardware and software costs in organizations expenses are avoided using cloud computing. Although cloud computing can provide advantages but it does not mean that there are no drawbacks. Security has become the major concern in cloud and cloud attacks too. Business organizations need to be alert against the attacks to their cloud storage. Benefits and drawbacks of cloud computing in business will be explored in this paper. Some solutions also provided in this paper to overcome the drawbacks. The method has been used is secondary research, that is collecting data from published journal papers and conference papers.