http://www.businessdailyafrica.com/image/view/-/3220120/medRes/1337233/-/5femsoz/-/clou.jpg

Oracle Ideas

The Fortress Cloud

Share Bookmark Print Rating
Despite the fact cloud technology is now highly secure, some CIOs and IT departments haven’t been able to shake their worries entirely. PHOTO | FILE

Despite the fact cloud technology is now highly secure, some CIOs and IT departments haven’t been able to shake their worries entirely. PHOTO | FILE 

By Chris Chelliah, @chrischelliah

Posted  Thursday, May 26   2016 at  17:10

In Summary

  • Is security still a concern for businesses looking to adopt cloud computing? It shouldn’t be.

In a previous blog on cloud adoption in Asia Pacific (APAC), I make the point that there are several key myths causing some business in the region to slow their adoption to the cloud.

SHARE THIS STORY

In this blog I’d like to look at what has perhaps proved to be the most intractable of these myths: security.

It’s human nature that with any relinquishing of control comes worry: ask any parent after they have left their child at nursery school for the first time. The same is true of businesses leaving their sensitive data in the cloud.

Despite the fact cloud technology is now highly secure, some CIOs and IT departments haven’t been able to shake their worries entirely.

According to one research report, for example, 67 percent of IT experts in Singapore cite data security as a ‘serious’ or ‘very serious’ impediment to cloud computing adoption.

There was a similar finding in a Pan-Asia survey, which found 60 percent of senior city officials in Asia deem data security to be the biggest barrier to deploying cloud in their cities.

So why are businesses so concerned about security? Our customers have told us it’s because of the consequences of a breach.

If a company suffers a data breach they’re liable for it, regardless of where the breach occurred; they will be responsible for paying any regulatory fines or compensation to their customers and it is their brand that will suffer.

Indeed, industry figures suggest that the total cost of a data breach has risen to $3.79 million, an increase of 23 percent over the past two years.

For many businesses, it seems easier to keep sensitive data in on-premise databases where they can dictate the security environment.

The good news for such businesses is that they can set aside many of the worries they have about the security of the cloud.

Modern enterprise-class cloud platforms have the capability to be inherently secure, meaning businesses can enjoy the full agility and cost benefits of cloud computing.

However, businesses must do their research to ensure their cloud provider can deliver the levels of security they require.

The gold standard is enterprise class cloud solutions which build security right into the silicon through the latest hardware advances and are capable of stopping attacks which in the past have caught businesses off guard (for example the infamous Heart Bleed Bug).

Cloud platforms therefore enable organizations to consolidate existing and new applications on a shared and common architecture secured with robust identity management, access management and data encryption – ideal for a business looking to stay competitive in our fast-moving business environment.

1 | 2 Next Page »
NSE top gainers & losers
n-soko About us Contact us Digital Editions Syndication Help Privacy Policy Terms RSS