Managing Mobile Risk in the Cloud

Grazed from WallStreetTech. Author: Andrew Waxman.

With firms increasingly dependent on mobile computing platforms for everything from customer apps to enterprise process management, there’s been an upswing in software development and management activity taking place in the cloud. Jumping on the mobile trend also means that potential for exposure to hackers, malware, and plain old code errors is higher than before. Yet the ever-increasing importance of speed-to-market makes it more and more likely that data security and data privacy will be neglected. With firms focused on critical state-of-the-art trading and payment apps, how to make sure they are not?

Few research studies have been completed on the success rate of major cloud implementations. However, it should not be a complete surprise that while companies will publicly assert confidence in their cloud implementations, in private they may have more doubts and issues to deal with. This is not surprising. First, like any other project, implementations of cloud-based applications are subject to execution failure…

Second, in many ways, the opportunities for failure are greater than in traditional projects. As we shall see, the iterative development process and rapid speed-to-market demanded in this market require new ways of working and planning. The result of poor planning and execution is often the failure of critical business applications…

Read more from the source @ http://www.wallstreetandtech.com/security/managing-mobile-risk-in-the-cloud/a/d-id/1297735