The word “policy” in “corporate ‘no-cloud’ policy” (second ...

(Source: http://www.information-age.com/approach-cloud-computingcyber-security-2017-123466624/ Retrieved on January 26th, 2018) 

How to approach cloud computing and cyber security in 2017

The adoption of cloud computing has been on the up since as far back as 2008, when a survey conducted by the Pew Research Institute found that cloud services were used by nearly 69% of Americans. Since then, the industry has experienced hypergrowth and exceeded the already vast predictions of how big it would become. 

IDC predicts that the cloud computing market in 2017 will be worth $107 billion and, according to Gartner, by 2020 a corporate ‘no-cloud’ policy will be as unusual as a ‘no-internet’ policy would be today. Indeed, it would be difficult to imagine an organisation in 2017 that did not use webmail, file sharing and storage, and data backup.

As the use of cloud computing spreads so does awareness of the associated risks. At the time of writing, there have been 456 data breaches worldwide this year according to the Identity Theft Resource Center (ITRC). The ITRC also noted a 40% increase in data breaches in 2016 compared to the previous year. Yet, despite the well-documented cases of data breaches, organisations continue to invest in and adopt cloud computing services because the benefits usually outweigh the risks. 

To understand why the growth of cloud computing has continued in the face of high-profile data breaches, look first to what it can offer an organisation.

Cheaper, bigger, better 

Cloud computing is a virtual environment that can adapt to meet user needs. It is not constrained by physical limits, and is easily scalable – making it an obvious choice for start-ups. Cloud computing makes state-of-the-art capability available to anyone with an internet connection and a browser, reducing hardware and IT personnel costs. 

Cloud services and software applications are managed and upgraded off-site by the provider, meaning organisations can access technology they would not have been able to afford to install and manage on their own. The popularity of the cloud essentially comes down to its provision of advanced, nextgeneration IT resources in an environment that is cheaper and more scalable than local networks. 

The risks involved with cloud computing are mostly securitybased. Clouds are often made up of multiple entities, which means that no configuration can be more secure than its weakest link. The link between separate entities means that attacks to multiple sites can occur simultaneously. When cloud providers do not employ adequate cyber security measures, those clouds become a target for cybercriminals. 

Yet, it’s not all bad news. A user survey conducted by one cloud service provider found that concerns about security fell to 25% compared to 29% last year. And as more becomes known about security risks so too does our knowledge around what organisations can do to protect themselves. 

(Source: http://www.information-age.com/approach-cloud-computingcyber-security-2017-123466624/. Retrieved on January 25th, 2018)