Principles of an Effective Cybersecurity Strategy

According to MetricStream’s, ‘The State of Cyber Security in the Financial Services Industry’ report, around 66 percent of financial services institutions have faced at least one cyber-attack in the last 12 months. The cost of this can even result in a complete shutdown of the business."

Click To See - 10 Live Hacking Tracking Maps

Cloud Computing Progress in the EU: Should It Matter To You?

Cloud Computing Progress in the EU: Should It Matter To You?

A new article from the Malta Independent announces the publication’s host country has recently entered the cloud computing community. Malta’s government is partnering with Microsoft in order to create a unique “internal cloud” for the country, similar in design to the Internet framework of other European nations. The deal will play out over five years, and will involve roughly 27 million euro.

But most Americans can express only vague familiarity with this country. The Maltese, the white silky-haired lapdog that originated in Malta, is the country’s best ambassador in the states. Why is Microsoft in such close allegiance with a nation known for a small canine?

For starters, the people of Malta are surprisingly adept in technology. Their skills in internet computing technological skill rank as among the highest in all of Europe. Furthermore, it doesn’t hurt that the brains of this operation, Claudio Grech, is a tech genius who is also native to Malta.

This is huge news for the entire European Union. If you regularly follow cloud computing headlines, you’ll understand how protectionist the EU has been in safeguarding its countries’ data away from the cloud. That Malta has so confidently, and self-sufficiently, swept into the club of cloud-active countries could instigate a wave of such entries all over Europe.

You may wonder how Malta was able to sidestep many of the understandable fears the EU has toward the cloud. To be brief, Malta hasn’t.

The country’s plans to save millions on license fees and foster a new generation of IT-proficient labor, via the cloud, is not immune to universal pressures regarding this technology. “Challenges of security and compatibility” may still vex Malta as it undergoes such a major overhaul to its technological structures.

It can be argued that Malta’s almost freewheeling embrace of the cloud is taking place only with the EU’s protective safety net underneath their rise. The article describes the EU’s strength as “well armed to monitor such constraints” against the cloud’s still uncharted scope and reach.

To us stateside, Malta’s move into the cloud should strike us as both intriguing and integral to our own computing community. As the country attempts to dodge the pitfalls of this technology, we should pay attention and take notes. What’s more, we ought to keep a watchful eye on how this partnership succeeds. Will it truly boost Malta’s status as an international tech player? Will American companies seek to replicate the country’s aim to reduce spending costs with the cloud?

Stay tuned.

By Jeff Norman

About Jeff Norman

Jeff Norman is a freelance writer currently based in New York City. He's moved into writing about cloud computing from substantial work in culture and the arts. He earned his undergraduate degree in English at Stanford and has studied at Oxford and Cambridge.