Can Cloud Computing Effectively Help Prevent Cybercrime?

Grazed from CloudTweaks. Author: Akash Valand.

We stand on the edge of the digital age, where technology moves quickly, and our lives have been transformed by modern computing. Digitization has resulted in a staggering amount of information flowing through cyberspace. Processing that data has led to a revolution in how we store and access information. The idea of the cloud is nothing new. Considered as far back as the 1960s, it was the principle on which the internet was developed. The term “cloud” was coined in the 1990s with the advent of virtual private networks.

Initially used for simplifying business processes, the application of cloud computing quickly gained popularity among scientific and gaming communities as well. Today the cloud has transcended some of its earlier models and is now widely accepted as a secure means of data storage and shared processing power. Its application in science is vastly accelerating research and has been used with particular success in astronomy…

Despite this, online security remains a hot topic and the internet presents ongoing security concerns. The UK government has stated that cybercrime is a bigger threat than nuclear weapons, with an estimated £27 billion cost a year. Cybercrime is often the result of poor security protocols and unaffordable IT support for many businesses and individuals. Weak wireless passwords and unencrypted, solid-state storage are often cited as the biggest threats to online security. The advancement of cloud computing offers a reliable solution to these vulnerabilities…

Read more from the source @ http://www.cloudtweaks.com/2013/12/can-cloud-computing-effectively-help-prevent-cybercrime/