Cloud Computing Security Risks Outweigh Benefits: Survey

Cloud Computing Security Risks Outweigh Benefits: Survey,

Despite the hype, nearly half of IT professionals in the US say the risk of cloud computing eclipses the perceived benefits, according to a recent survey from the Information Systems Audit and Control Association (ISACA).

The first annual survey revealed that more than 45 percent of respondents feel the risks of cloud computing outweigh the lower total cost of ownership (TCO), high return on investment (ROI), increased efficiency and pay-as-you-go services. Thirty-eight percent of respondents, however, indicated that the risks and benefits of cloud computing are equally balanced, while only 17 percent said the benefits achieved with cloud computing outweigh the risks.

The survey exposes the fear associated with cloud computing even as cloud computing services are expected to experience dramatic growth, hitting $44.2 billion by 2013, outpacing traditional IT spending. Other estimates, including a recent study by Global Industry Analysts, indicate that by 2015 cloud computing services could represent a more than $200 billion market opportunity.

Despite the rapid growth and the benefits, IT professionals are apprehensive about moving data into the cloud, according to the ISACA's survey of 1,809 US IT professionals, all of which are members of ISACA.

According to the 2010 ISACA IT Risk/Reward Barometer, only 10 percent of respondents' organizations plan to use cloud computing for mission critical IT services and 26 percent do not plan to use it at all. Meanwhile, 15 percent said they plan to limit cloud computing to low-risk or non-mission-critical IT services and 18 percent have yet to formalize their cloud computing plans.

"The cloud represents a major change in how computing resources will be utilized, so it's not surprising that IT professionals have concerns about risk vs reward trade-offs," said Robert Stroud, International Vice President, ISACA and Vice President, IT Service Management and Governance, Service Management Business Unit, CA Inc, in a statement. "But risk and value are two sides of the same coin. If cloud computing is treated as a major governance initiative involving a broad set of stakeholders, it has the potential to yield benefits that can equal or outweigh the risks."

By Andrew R Hickey, ChannelWeb

Cloud computing is here. Running applications on machines in an Internet-accessible data center can bring plenty of advantages. Yet wherever they run, applications are built on some kind of platform. For on-premises applications, this platform usually includes an operating system, some way to store data, and perhaps more. Applications running in the cloud need a similar foundation. The goal of Microsoft’s Windows Azure is to provide this. Part of the larger Azure Services Platform, Windows Azure is a platform for running Windows applications and storing data in the cloud. cloud computing is a style of computing in which dynamically scalable and often virtualized resources are provided as a service over the Internet. To deploy a new solution, most of your time and energy is spent on defining the right infrastructure, hardware and software, to put together to create that solution, cloud computing allows people to share resources to solve new problems. cloud computing users can avoid capital expenditure (CapEx) on hardware, software, and services when they pay a provider only for what they use.

http://www.synergetics-india.com/synergetics-tv.htm

Currently rated 5.0 by 3 people

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Related posts

Comments

April 22. 2010 15:24

Gravatar

Interesting blog, not like the others!

psicoterapeuta roma

May 6. 2010 02:10

pingback

Pingback from topsy.com

Twitter Trackbacks for

Cloud Computing Security Risks Outweigh Benefits: Survey
[synergetics-india.com]
on Topsy.com

topsy.com

May 12. 2010 08:12

Gravatar

Nice post. This is "Cloud Computing Security Risks Outweigh Benefits: Survey" exactly what I am looking for. Thanks to synergetics for this post.

funny sms

May 14. 2010 01:01

Gravatar

One knows that men's life is high priced, nevertheless some people need money for different stuff and not every one earns big sums cash. Hence to get fast loans or just consolidation loans will be a correct solution.

lowest-rate-loans.com

May 20. 2010 04:35

Gravatar

I can't wait until the next article! I had a lot of fun reading all this stuff.

Buenos Aires real estate

May 20. 2010 16:58

Gravatar

high item on how to keep up term papers online hobby setup. I didn't know you could do this but you see something new everyday.

buy term paper

May 22. 2010 05:32

Gravatar

I love your blog

traffic systems

May 27. 2010 07:21

Gravatar

You make really supreme investigation connecting with this topic! Therefore, the dissertation writing services or some thesis writing services, would use as ground for the best dissertation.

thesis writing

May 27. 2010 09:35

Gravatar

shemales

travesti

May 29. 2010 05:17

Gravatar

Subsequently, after investing several hours on the net eventually We've identified a person whom really does understand what they're speaking about many thanks a whole lot really great posting.

make money online fast

May 29. 2010 09:50

Gravatar

I am really thrilled to discover this blog I appear to have been looking for hours on end for this information and facts regarding cloud. It is not everyday you get this quality of knowledge over the internet We can't say thanks to you sufficiently.

Algarve Villas

May 29. 2010 20:12

Gravatar

The aviation industry is especially important when analyzing computer security because the involved risks include human life

Mussoorie Hotels

June 1. 2010 17:55

Gravatar

When it comes to cloud computing, many IT professionals still think the security risks outweigh the benefits, a recent survey found.

penny stock

June 11. 2010 12:04

Gravatar

thanks for the valued info!

Chail Resorts

July 13. 2010 18:26

Gravatar

I agree,I would recommend not to use cloud computing. It's not worth it.

inktcartrdiges en toners

July 18. 2010 09:20

Gravatar

amazon coupons

amazon coupons

July 18. 2010 16:18

Gravatar

Over de voor- en nadelen van het afsluiten van een lening zonder BKR-toetsing.

lenen zonder bkr toetsing

July 28. 2010 08:47

Gravatar

Migraine is een regelmatig terugkerend hoofdpijnsyndroom met aanvallen van minimaal 4 en maximaal 72 uur. Kenmerkend voor migrainehoofdpijn is de kloppende

migraine

August 4. 2010 06:19

Gravatar

U wilt geld lenen zonder BKR toetsing? De opties hiervoor worden groter, kijk verder en ontdek hoe u wél geld kunt lenen, snel & eenvoudig.

lenen

August 13. 2010 11:58

Gravatar

Hypotheken? Heel veel hypotheek informatie: verschillende hypotheekvormen, hypotheekrentes, nationale hypotheek garantie, hoe een hypotheek te vergelijken.

hypotheek

August 24. 2010 12:50

Gravatar

Where I live we have a great deal of getaway owners - So we were hit very hard with the real estate down turn

Repair Bad Credit

August 25. 2010 02:38

Gravatar

Where I live we have a great deal of getaway owners - So we were hit very hard with the real estate down turn

Bad Credit Repair

August 25. 2010 21:59

Gravatar

Were in the Myrtle Beach market and also have definatly been recently impacted because of the market

Credit Repair Information

August 26. 2010 19:32

Gravatar

The marketplace is cynical - with any luck , it's going to swing back our way soon too

Repair Bad Credit

August 30. 2010 02:40

Gravatar

Interesting blog, not like the others!

Alternative Medicine

August 30. 2010 19:44

Gravatar

This is interesting, post more often!

Public Golf Dude

August 31. 2010 01:13

Gravatar

I love your blog

Dennis Smith

August 31. 2010 18:56

Gravatar

I love this blog

black christian dating

September 1. 2010 15:38

Gravatar

nice post " thanks

Bestech Ananda

Add comment


(Will show your Gravatar icon)  

  Country flag




Live preview

September 5. 2010 12:23

Gravatar