Big 4 Auditing Firm Ernst & Young Joins Cloud Security Alliance

Big 4 Auditing Firm Ernst & Young Joins Cloud Security Alliance

Cloud computing’s legitimacy as a mainstream business option just received a shot in the arm with Ernst & Young, one of the Big Four of auditing, joining the Cloud Security Alliance (CSA), a non-profit organization formed to promote the use of best practices for providing security assurance within cloud computing and provide education on the uses of cloud computing in connection with all other forms of computing.”

Ernst & Young, popularly known as E&Y, has an Information Technology Risk and Assurance practice that assists organizations in enhancing their information frameworks and IT risk management. The company said that cloud computing is of high interest on the corporate agenda with senior level management and the C-suite executives giving it considerable attention.

We’re excited to join the CSA and look forward to working with the other member organizations to help shape policy and develop cloud security and assurance guidelines,” said Bernie Wedge, E&Y’s Americas Information Technology Risk and Assurance leader. “The existence of the CSA and its mission speaks volumes about the evolution of cloud computing and its future. We decided to join the CSA not only to have a seat at the table, but also to provide our clients with leading edge insight on technology and risk management so they may move to the cloud safely and securely.”

The firm had undertaken a survey late last year that said 45% of companies are expected to use cloud computing in the next 12 months. However, it also mentioned that organizations needed to be careful about addressing potential risks before they move their business applications to the cloud. The survey revealed that almost half of the participants were already in the process of evaluating or planning to use cloud-based solutions.

In a press release, Jose Granado, E&Y’s Americas Information Security Services leader, said, “Cloud computing makes an IT investment more efficient, flexible and faster, and allows access to data anytime, anywhere, any place and with any electronic device. The more connected we become, the more exposed we are. Instant access to information presents critical security risks and the CSA is helping address those risks through education, research, and by developing guidelines for operating in the cloud.”

The Cloud Security Alliance was formed in November 2008 and comprises of many subject matter experts from a wide variety of disciplines, with the stated objectives of:

  • Promoting a common level of understanding between the consumers and providers of cloud computing regarding the necessary security requirements and attestation of assurance.
  • Promoting independent research into best practices for cloud computing security.
  • Launching awareness campaigns and educational programs on the appropriate uses of cloud computing and cloud security solutions.
  • Creating consensus lists of issues and guidance for cloud security assurance.

Ernst & Young is one of the largest professional services firms in the world and one of the Big Four auditors, along with Deloitte, KPMG and PricewaterhouseCoopers (PwC). It has a global headcount of 144,000 and provides assurance, tax, transaction and advisory services to hundreds of companies across the globe.

By Sourya Biswas

sourya

Sourya Biswas is a former risk analyst who has worked with several financial organizations of international repute, besides being a freelance journalist with several articles published online. After 6 years of work, he has decided to pursue further studies at the University of Notre Dame, where he has completed his MBA. He holds a Bachelors in Engineering from the Indian Institute of Information Technology. He is also a member of high-IQ organizations Mensa and Triple Nine Society and has been a prolific writer to CloudTweaks over the years... http://www.cloudtweaks.com/author/sourya/

One Response to Big 4 Auditing Firm Ernst & Young Joins Cloud Security Alliance

Cloud Infographic – Interesting Big Data Facts

Cloud Infographic – Interesting Big Data Facts

Interesting Big Data Facts You Didn’t Know The term Big Data has been buzzing around tech circles for a few years now. So much, in fact, that you’re probably getting sick of hearing about it. Here are some interesting facts you might not know about big data via The Visual Capitalist: Big Data got its start in…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery  Business downtime can be detrimental without a proper disaster recovery plan in place. Only 6% of businesses that experience downtime without a plan will survive long term. Less than half of all businesses that experience a disaster are likely to reopen their doors. There are many causes of data loss and…

The Education Revolution: Cloud In The Classroom

The Education Revolution: Cloud In The Classroom

The Education Revolution: Cloud In The Classroom With the back-to-school season now upon us, parents, students and teachers everywhere are once again struggling with the perpetual challenge of making kids job-ready in a high-speed and fast-changing environment. There is little doubt in anyone’s mind that information technology plays a central role in all areas of life…

Cloud Infographic: Most Used Cloud Apps

Cloud Infographic: Most Used Cloud Apps

Cloud app and analytics company, Netskope released its quarterly Cloud Report. The new report reveals that enterprise employees are using an average of 397 different cloud apps (most of which are unsanctioned), when IT estimated they have 40-50 — that’s a tenfold underestimation. Below is an infographic provided courtesy of the group at Netskope which goes into further detail.…

CONNECT TO THE CLOUD

 

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100


Contributor Spotlight

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021