Cloud Computing: Dude, Where’s My Data?

October 23, 2013 Off By David

Grazed from PropertyCasualty360. Author: Anya Khalamayzer.

Risk managers may have their head in the clouds with concern over the liabilities of cloud computing. However, an uptick in companies moving to cloud data hasn’t correlated to a cybercrime storm, says Bryan Sartin, director of Verizon Enterprise Solutions’ Research, Investigations, Solutions, Knowledge (RISK) Team.

“By and large, major cloud providers have figured out their own native security architecture, so hackers can’t use the same recipe of attacks on different providers,” says Sartin. It is the risk manager’s company that should be concerned about its safety culture, especially those in the financial and insurance industries, which Sartin says are “classic” victims of cyber attacks…

The data pro warns that cyber security must be a top-down effort, from cooperative managers to well-trained, vigilant employees. Cloud computing cannot be confined to a box, says Sartin—and when data activities are packed up and shipped to a third-party manager, the company must continue treating it like a risk under its own roof…

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