Cloud Security is an Ongoing concern

A recent survey shows that companies have moved more than 25% of their processes to the cloud. But another survey shows that almost 40% of the companies feel their existing security is not adequate to meet the security risks of the cloud. Most of them retain the responsibility for security over the cloud rather than their provider. This indicates that companies can outsource most processes, they cannot outsource responsibility for security. This has been the case to date, but a better solution needs to be found, if they are to make best use of the cloud. One good approach would be to ramp up the role played by systems assurance. The major accounting bodies, such as CPA Canada and the AICPA have had Trust Services standards in place for years that could be used for this purpose. These services could be used much more effectively in the Cloud. For a summary of the surveys, follow this link.