Cloud Computing and Banking Security I have talked about security in cloud computing many times before, explaining why it is just as safe as conventional networking security, even citing its benefits over the conventional. However, there are many who still find cloud computing security lacking. Individuals which still worry about cloud security, are those that fall under the financial institution category like banks, brokers, lenders and the like. They do not trust third party cloud computing providers and vendors, at least not with their most sensitive information and data. They might use cloud computing for some things like websites and
data integrity
Big Data and eDiscovery: Professionalism Pays Big Data is a hot concept in the business world right now. As a business phenomenon, the immediate benefits of utilizing Big Data are part reality and part hope. On the reality side, most medium and large-sized organizations do have some form of Big Data issues to contend with, meaning they have data sets so large and complex that they are difficult to process using on-hand database management tools and other tools – but because they have Big Data, they also have the desire to mine it, use it and gain insights related to the business,
What Is The Key Criterion For Selecting A Cloud Service Provider? Cloud computing has matured enough for a lot of people that jumping on it is no longer scary. The technology has also advanced enough that even data conversion and migration are no longer considered as daunting, just a little annoying. Because of this new influx of prospective clients, many cloud service providers are popping out every day. But the problem is that not all of them are the first-hand owners of a cloud infrastructure. Most of them are actually just “re-branders” or “white-label brands”. This means that they are only partnered with a bigger provider which
Business Continuity: Let Us Plan For A Cloud Failure Every cloud proponent has been saying that the cloud is the only safe place left for our businesses and various other IT systems, while “nay-sayers” blabber about the total opposite, they talk about privacy and security concerns, and even data integrity. But no matter which side you are on, nothing is full-proof and all will eventually fail in one way or another. Even with business continuity plans and implementations, geographically scattered backup systems, there will always be that one big problem in the future that will ensure that all of them go down simultaneously. But the
The European Commission Wades Into The Cloud Contracts Debate Cloud computing contracts have always been a matter of serious debate in this fledgling industry. With a lack of established standards and best practices (See: Cloud Computing Standards: How Important Are They? ), not unknown for such a nascent and dynamic field, this is only to be expected. Not surprisingly, this topic has featured in a number of articles on this site (See: The Small Print in Cloud Computing Contracts, Can You Retrieve Your Data After Terminating Your Contract? and Negotiating Tips On Software-As-A-Service Contracts). Now, the European Commission has made its views known on this
In Cloud Lies Convenience: Gov India Endorses Cloud Computing In a world where ventures and individuals are dubious in regards to cloud computing, content security and data integrity in particular, the Indian central government stands distinct by taking perhaps the boldest in nationwide IT management decisions of all times. The Department of Information Technology India is convinced to transfer the critical information infrastructure all the way to the cloud. The chalked out shift involves formulating a national cloud based network that will serve to connect data centers for each of the constituent Indian states. The said cloud based network is
The Risks And Rewards Of Cloud Computing Cloud computing like any concept in the real world comes with risks and rewards. It is not a perfect solution where huge mistakes are forgiven without great consequences. In all honesty, cloud computing could actually make or break a company, depending on how they implement it. And if they actually do everything right, cloud computing will propel their company to success, reaping rewards that they never thought was possible with the old technology that they have been using. First let us look at the risks associated with cloud computing. 1. Network dependency. Perhaps
Can the Gov’t Avoid Gaffes in the Cloud? It’s no surprise that programs that shape our government on all levels of jurisdiction are rapidly and eagerly enlisting into the cloud computing fray. Finally, several of cloud’s noteworthy assets — scalable and streamlined storage and infrastructure, and services purchasable a la carte, for example — have started to beguile departments and bureaucracies frazzled by tightening budgets and increased demand for high-quality service to constituents. But governmental involvement frequently means thwarting several of risks in cloud that could hamper the experience. How can government companies enter cloud without fear of making major
