The Lighter Side Of The Cloud – Disaster Recovery Plan
The Lighter Side Of The Cloud – A Close Call
The Lighter Side Of The Cloud – WIFI

Managing Risk when taking the Public Cloud Route OR Managing Risk in Public Cloud Strategy

Managing Risk when taking the Public Cloud Route OR Managing Risk

The secret to a pleasant and successful experience in migrating to a Public Cloud Strategy for your enterprise is “minimizing risk while maximizing your return on investment (ROI) and reducing total cost of ownership (TCO)“. Sound familiar? Sounds like managing your retirement fund nest egg. In this article we will address few of the risk management guidelines and standard business practices to mitigate risk when going with a public Cloud Strategy or migrating your IT or business assets to the Cloud.

So, to remain competitive and be efficient, “how big of a risk is it to migrate to the cloud or go with a cloud strategy and how to mitigate it”? We will talk about various types of risks in going the public cloud route and ways you can mitigate them to a comfortable level so that you can achieve your business objectives.

The security as a risk can be addressed in terms of the following:

  • Confidentiality, Integrity and Availability.

You should carefully review the SLA’s (service level agreements) with the public Cloud provider to address your security risk concerns.

  • Question what happens if the SLA’s are not met.
  • Make note of any exception conditions in the SLA.
  • Look for penalties in case the SLA’s are not met.

NOTE – The thing about SLA’s is that it may act as deterrent for public Cloud providers from acting irresponsibly but the fact remains that if your mission critical application is on the Cloud and if it is unavailable or compromised within agreed SLA guidelines; your business could suffer loss of revenue and / or employee productivity.

Having said that, you should ask “How do I manage the risk?”. The answer is that the risk management guidelines should be along the same lines as you would expect from deploying private cloud in your own datacenter or conducting business the traditional datacenter setup with monolithic server farms.

Common sense coupled with proper governance dictates the following points to be thoroughly hashed out and well understood:

  • Check if public cloud provider has proper certified Business Continuity Plan (BCP) in place.

If not comfortable with the BCP plan then either Re-visit cloud migration plan or Build processes or incidence response plans to address them Leverage your current or traditional BCP plans.

  • Check if public cloud provider has proper certified Disaster Recovery Plan (DR) in place.

If not comfortable with the DR plan then either Re-visit cloud migration plan or Build processes or incidence response plans to address them.

Leverage your current or traditional DR plans

  • Check to see if Cloud datacenter is following standard Segregation of Duties (SOD) policies and procedures.
  • Check if public cloud provider has contract in place for breach. Typically breach contract should address cost of data loss, data integrity, downtime, customer notifications. Plus, having traditional security defenses should be in place. Look for important certifications such as SAS70, SSAE 16 and SOC 2 and SOC 3.

If not comfortable with the contract or certifications then either Re-visit cloud migration plan or Build processes or incidence response plans to address them.

  • Check public Cloud provider background.
  • Check if you have access to Cloud provider key performance indicators (KPI) to review them. Review the KPI and get a certain level of comfort before signing up.

If not comfortable with the KPI’s then either Re-visit cloud migration plan or Build processes to address the KPI’s.

  • Check if you have access to Cloud provider key risk indicators (KRI) to review them. Review the KRI and get a certain level of comfort before signing up.

If not comfortable with the KRI’s then either Re-visit cloud migration plan or Build processes to address the KRI’s.

  • Check if the Cloud provider is financially sound.

There is more visibility into publicly traded cloud provider’s financials, while there is less visibility into privately held provider’s financials.

  • Check how to get your data back if provider shuts down operations.

If not comfortable with the provider plans then either Re-visit cloud migration plan or Build processes for data recovery to address them.

  • Check what happens if your cloud provider goes bankrupt.

If not comfortable with the provider bankruptcy plans then either Re-visit cloud migration plan or Build processes to address provider bankruptcy.

  • Check if provider is using industry standard technologies and processes so that your business is not locked to a single cloud provider.

If not comfortable with the provider technologies, processes and plans then either Re-visit cloud migration plan or Build processes to address migrations.

  • Check the location of the datacenter for national or state boundaries to avoid:
  • Regulatory restrictions and
  • Performance issues

While the Cloud Strategy benefits are real and are changing how we do business AND perceive business models; the fact remains that if your business is at stake and then you have to balance the risk vs. reward equation.

In a nutshell; do your due diligence, put detailed policies, processes and controls on implementing proper checks and balances to mitigate risk to comfortable and acceptable standards in place and reap the benefits of the new paradigm, namely “Cloud”.

By Harry Sangha

———————————————

Harry is an Inventor, entrepreneur and cloud computing evangalist.  He is also the Founder of  www.cloudcreo.com a Cloud Management Platform and Appliance Factory. 

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Recent

Improving Safety On The Digital Highway

Improving Safety On The Digital Highway

Digital Highway Safety When it comes to transportation, safety is highly consequential. From educational programs to legal penalties, safety is principle to the way that travel is spoken about and acted upon. But what about digital travel? Although user files are hardly as important as users themselves, they often contain sensitive information. As cloud computing’s momentum…

From AOL To Twitch: A Decade Of Big Data Hacks

From AOL To Twitch: A Decade Of Big Data Hacks

A Decade Of Big Data Hacks The idea of hacking has been around forever. Popular in science-fiction films for decades, hacks have now become a reality for many people who engage in basic activities online. Here is a look at a list ten years in the making, a decade of hacks year-to-year. Included is an…

Popular

Cloud-Based VOIP – 4 Alternatives To Skype

Cloud-Based VOIP – 4 Alternatives To Skype

Cloud-Based VOIP – 4 Alternatives To Skype Skype is the most popular cloud-based VOIP service. Since being bought out by Microsoft for $8.5 billion in 2011 the company has grown to more than 300 million users and now accounts for 34% of all international calls. Some people don’t want to use Skype though. Reports of…

2014 Future Of Cloud Computing Survey Results

2014 Future Of Cloud Computing Survey Results

Engine Yard Joins North Bridge Venture Partners, Gigaom Research and Industry Collaborators to Unveil 2014 Future of Cloud Computing Survey Results SAN FRANCISCO, CA–(Marketwired – Jun 25, 2014) – Engine Yard, the leading cloud application management platform, today announced its role as a collaborator in releasing the results of the fourth annual Future of Cloud Computing Survey,…

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services Business Intelligence (BI) services have recently seen an explosion of innovation and choices for business owners and entrepreneurs. So many choices, in fact, that many companies aren’t sure which business intelligence company to use. To help offer you a solution, we’ve compiled a list of 12 Business Intelligence companies…

5 Mistakes That Adversely Impact Seamless Cloud Migration

5 Mistakes That Adversely Impact Seamless Cloud Migration

There is absolutely no doubt migrating a section of your IT assets, non-core business processes or the entire spectrum of business systems to the cloud makes immense sense. There are plenty of business benefits linked to cloud computing; most astute businesses are using cloud computing in some capacity or other and if you aren’t doing…

Why Hybrid Cloud Delivers Better Business Agility

Why Hybrid Cloud Delivers Better Business Agility

Why Hybrid Cloud Delivers Better Business Agility A CIO friend of mine once told me that a hybrid cloud model enables him to “own the base, rent the spike” when it comes to unplanned events. Let’s face it – maintaining unused infrastructure for rare or random IT events is expensive and unnecessary in a cloud…

Sponsored Posts

From C:\Prompt To CYOD – The Timely Shift To Desktop as a Service

From C:\Prompt To CYOD – The Timely Shift To Desktop as a Service

The Timely Shift to Desktop as a Service There may be some colleagues lurking within any given workforce who remember what a C:\> prompt meant. Much like the ring from Middle Earth, it had the power to make things happen. Desktop computers at that time were large grey beasts, with their only wired connection being…

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100
Site 24x7


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.

Branded Content Programs

Advertising