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Risk and Governance Considerations in Cloud Era
Abstract
Cloud Computing (CC) has recently emerged as a compelling paradigm for managing and delivering computing services over the internet. It is rapidly changing the landscape of technology and ultimately turning the long-held promise of utility computing into a reality. Nevertheless, jumping into the cloud is never a trivial task. A special approach is required to discover and mitigate risks, also to apply controls related to the cloud jump. The main objective of this chapter is to specify some of the phenomena associated with the CC paradigm and associated business transformation. It looks at the motivations, contracting, obstacles and the agile project rollout methodologies. It then provides an in-depth analysis for the allied risks and governance directions. CC governance is being more crucial as the CC paradigm is still evolving. In this context, this chapter build few bricks toward a full Cloud Computing Risk and Governance Framework (CCRGF).
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