Serverless computing offers several security benefits, including improved stability due to cloud provider-managed operating systems, runtime security, and server patching, as well as a stateless nature that makes it harder for attackers to compromise connections. Additionally, reducing the attack surface through finer-grained security policies and precise service segmentation can help protect sensitive data. However, there are also challenges such as slow insights from logged data, poor observability across multiple cloud providers, and more resources equaling more permissions to manage. To overcome these challenges, maintaining least-privileged access for serverless functions and other services, regularly scanning for vulnerable third-party dependencies and configuration errors, using runtime protection to detect malicious event inputs and anomalous function behavior, are essential security best practices.