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10-Dec-2011

Cloud Security? Who Really Takes the Risk?

There was an interesting article by All Things Digital today about the risks associated with cloud computing and who really absorbs the risk should catastrophe strike...such as a major security breach. The article warns not to confuse security with risk. All cloud service providers talk about security, but what do they cover if a breach of security occurs? Again, according to the article, most providers only cover up to the cost of the contract. If your contract costs $10,000, then that's the limits of liability. But, the data stored with the cloud provider is probably worth much more. On average $4.5 Million according ot Drew Bartkiewicz of CyberFactors. Just think about the time and effort that goes into collecting geospatial data and all is lost in a breach incident.

by Joe Francica

Original published location: http://apb.directionsmag.com/entry/cloud-security-who-really-takes-the-risk/169656

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