"The email crash took us down a couple of days. Email is very important to the function of the bank, so we couldn’t take that risk of a crash again," says Robert Porter, vice president and IT director at the bank, a $275 million-asset community bank based in Hazard, Ky. The bank moved its entire email system to a hosted Safe Systems solution called SafeSysMail. It’s also using an email archiving and encryption service from Safe Systems. For a bank that only has two IT workers, the move to a hosted environment is expected to save about $80,000 over the next three years…
Six Questions about the Cloud
At an increasing number of companies, cloud computing tops the technology agenda. That’s not surprising. It can be a lot cheaper and more efficient to buy and access computer services over the Internet (in the cloud) — whether it’s applications, software and product development tools, or servers and storage — than to acquire the physical stuff and manage it internally.
But as with any new trend, companies should critically examine cloud computing before embracing it. Here are six questions, plus answers, that every CFO should ask about the cloud:
1. Will the total cost of ownership for the cloud be lower than what we’re already spending for IT?
That depends: do you know what you’re already spending?…

