Are public clouds really safer than private data centers?

Grazed from Fortune. Author: Tom Krazit.

You can’t blame companies with huge technology budgets for being conscious of computer security. Today, everything seems to be Internet-connected—and every day there seems to be a headline about a new data breach. Even if industry mentalities have shifted to thinking about a corporate hack as a matter of “when,” not “if,” it’s still paramount to make sure you are doing everything in your power to minimize the risk.

This defensive mindset was a big problem for the budding cloud computing industry in its early days. You want me to store my company’s most sensitive data in the same place as my competitors do? And in the same place as data from scuzzy startups I have nothing to do with? And then let a bookseller host it? No thanks!...

In just a few short years, everything has changed. Read news headlines today and you’ll learn about corporate data centers falling prey to criminals as public cloud providers like Amazon Web Services, Microsoft, and Google stay high and dry. “We can operate more securely on AWS than we can in our own data centers,” said Rob Alexander, chief information officer of Capital One, at Amazon Web Services’ Re:Invent conference in Las Vegas this month...

Read more from the source @ http://fortune.com/2015/10/20/structure-2015-public-cloud/