Week 3 Cloud Governance and Risk
Over the last two weeks we have come to a better idea about cloud computing and what it is. Last week we explored cloud computing and organization strategy. This week we will explore cloud and risk management.
Some ideas that have been presented by our colleagues is that organizations will obtain the benefits they expect if they have a mature governance structure. Cloud is no different than any other technology deployment. Organizations can adopt to technology and business change if there is a clear strategy, a structure of policies and standards, clear responsibilities and accountabilities, and an integrated approach to risk management that accounts for operational and technnical risks.
Will the adoption of cloud computing by organizations positively or negatively impact the ability of organizations to manage operational and technical risk? Will the drive for quicker deployment and reduced costs impact the ability of security and audit professionals to protect organizations? Will the reliance on service providers provide for better or reduced understanding of what the risks to the business are?
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