Hackers follow business shift to cloud computing

March 27, 2013 Off By David

Grazed from ABCNews. Author: Jake Sturmer.

Security experts warn cloud computing in Australia is becoming an increasingly appealing target for hackers as businesses rapidly take up the technology. Tapping the online cloud is fast becoming the service mode of choice for many big Australian businesses, with nearly half of them using the technology. Instead of cables and computers crowding company offices, reams of information floats online.

Advocates say it is a more efficient and cost-effective way to manage data. Analysts Frost & Sullivan estimate the Australian industry was worth $842 million in 2012 and is expected to grow to $3.15 billion in 2016. F&S information and communications technology vice president Andrew Milroy says Australia is leading cloud adoption in the Asia-Pacific region…

NAB is one of the companies trialling cloud services and principal security architect Matt Lowth says the company is taking a softly-softly approach. "Our internal private cloud environment we’re building today is going to be able to deliver quite a number of our internal services – things like our internal mail," Mr Lowth said…

Read more from the source @ http://www.abc.net.au/news/2013-03-27/cloud-security/4598036