Security and the Cloud: Debunking Security Misconceptions about the Cloud

Security Cloud and the (debunking security misconceptions about the cloud) Misconception #1 Most businesses are still unsure about transitioning to the cloud. The public cloud market is expected to reach $191 billion by 2020. 58% of businesses already spend more than 10% of their annual IT budget on cloud services. Cloud business services reaching $14 billion Misconception #2 Cloud services are only relevant to technological needs. of businesses consider the cloud to be useful for accelerated innovation. 56% Misconception #3 Cloud computing is riskier than traditional infrastructure. Cloud service providers are putting in more time and resources to develop security and privacy protections. Cloud providers typically offer state-of-the-art security defenses: Encryption Firewalls Security Guards & Cameras Backup Strategies Misconception #4 Cloud computing is too expensive. 82% of companies saved money by moving to the cloud. 14% of companies were able to downsize their IT departments after switching to the cloud. Misconception #5 All clouds are created equal. Everything from security to reliability to uptime varies from provider to provider. When moving to a cloud service provider, thoroughly learn their processes and business model, and if possible, seek out a third-party to validate their service. Sources: http://www.businesstimes.com.sg/specials/bizit/others/cloud-security-big-concern-firms-20140721 http://www.forbes.com/sites/joemckendrick/2014/03/26/5-com- mon-misconceptions-about-cloud-computing-dispelled/ http://www.ey.com/Publication/wLUAssets/Cloud-computing_is- sues_and_impacts/$File/Cloud_computing_issues_and_impacts.pdf http://online.wsj.com/news/articles/SB 10001424052748704471904576230390670994606 http://mashable.com/2012/09/05/misconceptions-cloud/ http://www.datamation.com/netsys/article.php/3924681/5-Danger- ous-Cloud-Computing-Security-Misconceptions.htm http://siliconangle.com/blog/2014/01/27/20-cloud-computing-statistics-tc0114/ innoscale NationalPositions Profitable Internet Marketing