risk management

IT Outsourcing Services Meeting The Cloud One of the most substantial trends in IT support services is that small and medium-sized companies prefer to shift their data to the cloud and let a third party handle the facility management, in Consolidated Data Centers. Cloud computing blurs the lines among what had been conventional outsourcing and internal operations, and it will test IT’s management and control policies. After all, it’s all about expertise. IT outsourcing service professionals can deal with many tasks (such as data storage) more efficiently than in-house employees are able to. By taking advantage of cloud support services, both

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Methodology Of Cloud Computing Risk Assessment A Break in the Cloud’s Silver Lining Though cloud computing is considered as the new paradigm of computing, it should not be considered as a new technology but merely a new implementation or application of existing technology, specifically networking and telecommunications technology. So this brings with it some inherent security risks, with some security experts stating that “the economies of scale and flexibility (that cloud computing brings) are both a friend and a foe from a security point of view.” When your application and data is streamed half way around the world from your

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Cloud Compliance Audit: Learn More On The Unified Certification Standard From The MSP Alliance I have written previously about various types of audits that are necessary to validate your cloud service.  In this post, I will cover the cloud service audit that helps you pick the right cloud service provider (CSP). While it is important that customers take the initiative in checking the various guarantees offered by the vendor on their own, it is helpful to have an industry certification that verifies each of the major parameters and that backup the vendor’s claims. The Unified Certification Standard (UCS) from the

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Is My Public Cloud Too Public? Part 5 (Conclusion) Continued From Part 4 The ideal cloud equation Control + Visibility = Trust A cloud deployment that overcomes these myths is built on trust. Trust cannot be achieved without control and visibility across the cloud infrastructure, identities, and information. Control Availability: Ensure access to resources and recovery following disruption or failure. Integrity: Guarantee that only authorized personnel can access specific information and applications. Confidentiality/privacy: Protect how information and personal data is obtained and used Visibility Compliance: Comply with specific legal requirements, and industry standards and rules. Governance: Establish usage rights and enforce

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Why You Should Consider Hybrid Cloud Computing For Your Business Hybrid cloud computing was introduced in 2008 and it wasn’t accepted with open arms. With public and private clouds in place, cloud computing believers felt they already have enough. But then, as time goes on, hybrid clouds are inching their way to the forefront to be recognized. They are now being regarded as important and valid for businesses. The challenge now for hybrid cloud computing is to get past the initial resistance of cloud computing providers who are now promoting extensively the use of public clouds. Needless to say, these

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Cloud Start-up: The Currency Cloud Targets Global FX While no one has really heard of The Currency Cloud just yet, this new startup is set for big things as it looks to automate the Foreign Exchange (FX) scene through Software-as-a-Service (SaaS). Traditionally, the Foreign Exchange involves the exchange of one currency into another and takes a lot of time, has to go through plenty of middlemen and often costs more money than it actually should take to do so. This is what the founders of The Currency Cloud hope to solve by creating an SaaS platform that will help to

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Cloud Biggies and their Partnership Programs One of the best ways to encourage sales is through specialized partnership programs, and IT companies have long employed this strategy to promote their traditional offerings. Now they have started similar initiatives for their cloud computing services as well. While some companies have tried to get buy-in from end-consumers, even going to the extent of offering services for free (See: Ninefold and Rackspace Battle for Australian Startup Mind Space and Why is Rackspace targeting Startups?), others have started targeting their channel partners, all in the hope of grabbing larger shares of the expanding cloud

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Cloud Computing In Financial Service Organizations While technology seems to be the cost and time efficiency driver in many industries, cloud computing is the emerging solution for the financial service industry, especially capital markets. In order for their assets to be used optimally by multiple consumers, financial organizations require ad-hoc access to significant computing resources, virtual desktops, shared data information, cost transparency, and “What-If” capabilities. I will list some of the most important cloud changing perspectives that can benefit large corporations and SMB’s: Resource Management – enables organizations to build agile, responsive data center infrastructures; Pay per Use – organizations

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