While other industries face the economic impact of Covid-19 Amazon, Microsofit and Google remain in good financial position, reports Business Insider. 

The coronavirus crisis is ravaging the stock markets as businesses shut down or figure out how to work remotely. But cloud providers, particularly Amazon Web Services, Microsoft, and Google Cloud, should be relatively safe from this turmoil, experts say.

With cloud based labs scientists have the ability to work from home, reports IEEE Spectrum.

Working from home is the new normal, at least for those of us whose jobs mostly involve tapping on computer keys. But what about researchers who are synthesizing new chemical compounds or testing them on living tissue or on bacteria in petri dishes? 

According to SDX Central, AWS has pledged $20 million dollars to help fund research into Covid-19.

As COVID-19 cases continue to rise, the world’s largest cloud companies and chipmakers are giving researchers massive compute power for free — and, in some cases investing millions of dollars — to help them better understand the coronavirus, advance testing efforts, and find a cure.

There are even more legal ramifications from cyberattacks that happened in the cloud, reports Law.com.

Praised for its innovative and security benefits, the cloud can quickly become a burden when a company is hit with a cyberattack and must understand the scope of the data held on public and privately owned servers.