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A finger connects to a touchscreen featuring a cloud icon in which there is the symbol for a lock.

Cloud computing: Benefits and risk management

Learn about the benefits and issues of cloud computing, as well as practical tips on how to manage associated risks.

Cloud computing, using the Internet for information processing and storage, offers businesses a flexible, cost-effective way to purchase hardware, software and communications capacity.

Cloud Computing: Technology Spotlight provides an overview of the benefits, issues and risk mitigation strategies for companies using this increasingly popular strategy.

Key tips include:

  • how to choose the right vendor and avoid vendor lock in
  • modifying in-house processes to provide a more effective interface with cloud providers
  • ensuring service providers have controls in place for data protection and disaster recovery
  • detailing the right to audit cloud providers' security procedures in service contracts