CEB: Three steps to an enterprise framework for managing cloud risks

June 11, 2013 Off By David

Grazed from TechTarget. Author: Mark Tonsetic and Jeremy Bergsman.

The debate around cloud computing risk continues. This isn’t because the risks that large enterprises care about have worsened (they haven’t, broadly) or because there is a new set of risks that present concern (there aren’t, again broadly). The debate continues because cloud computing technologies have introduced "buyer uncertainty" into the sourcing market. Cloud capabilities have matured enough to induce vendors to rapidly evolve offerings in an effort to capture market share — but not to promote interoperability.

The clarity of cloud’s risk-adjusted value proposition thus has yet to emerge, mostly because evaluations of risk and value remain moving targets. So what is there about managing cloud risks that should be top of mind for IT leaders in today’s environment? CEB analysis suggests that the foremost risk is not anything intrinsic to the cloud provider community as a whole, but rather the lack of a consistent framework in large enterprises for engaging with and managing cloud services…

The risk issues normally associated with cloud technologies, such as data privacy and security, are evolving rapidly. Even the technologies themselves vary by provider and service. The absence of a consistent approach to these technologies and providers should be the risk that is top of mind, in that it will exacerbate the risks of what could otherwise be a perfectly acceptable sourcing arrangement…

Read more from the source @ http://searchcio.techtarget.com/tip/CEB-Three-steps-to-an-enterprise-framework-for-managing-cloud-risks