What is a potential consequence of not renewing the storage connector service license?

The potential consequence of not renewing the storage connector service license is indeed the inability to store logs in the cloud. When this service license is not active, users lose the capability to integrate their systems with cloud storage solutions, which are often used to store log data generated by Fortinet devices. Without the license, the FortiAnalyzer would not be able to send logs to cloud storage, severely hampering the organization's ability to retain and analyze logs for security auditing and compliance purposes. This could lead to data loss and a lack of historical data analysis, impacting overall security posture and operational efficiency.

The other options do not directly relate to the implications of not renewing the storage connector service license. Increased data processing speed, automatic upgrades to your system, and reduction in cloud provider fees are not affected by the status of the storage connector service license.