Cloud computing is a paradigm-shifting method of hosting and delivering services over the internet that offers an extensive range of computer resources as services. With its ability to provide businesses and educational institutions with services like servers, hosting, and cloud storage, cloud computing has increased. Data loss, leaks, and privacy violations are just a few of the urgent privacy and security issues brought on by the expansion. This study aims to analyze how security and privacy are currently handled in cloud computing, analyze current approaches, and pinpoint areas that could be improved. Because of its convenience and scalability, cloud computing is becoming indispensable for personal and business operations. However, security is still a major concern due to the growing number of internet-based threats. This article explores the security risks associated with cloud computing, including unauthorized access and data breaches, attack vectors, and mitigation techniques. Security and privacy issues still prevent cloud computing from being widely used. This study assesses these challenges, reviews current remedies, and proposes future research directions for ensuring a secure cloud environment.