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Three Major Concerns About Moving to the Cloud

Three major concerns about moving to the cloud

Cloud computing is undoubtedly the biggest trend sweeping through the IT departments of workplaces worldwide currently. However, as with the implementation of any new system, there are risks and concerns that those with executive jobs need to be aware of when making the transition.

1.) Security

Because use of the cloud essentially means turning over business information and protection measures to the provider, it can be daunting. explained that, to remedy security concerns, many businesses turn to data encryption, which can be hard to recover by a company's IT experts.

2.) Accessibility said cloud providers see a rotation of employees, so businesses may not know who can access company records. Executives must also consider that some devices, maybe including mobile and tablets, may be unauthorized to access information, which could lead to breaches.

3.) Regulations

Business leaders must look at the cloud provider's contract to understand exactly where their information is being held, because the data and security measures on the cloud will have to be compliant with local law. For example, Grant Thornton, a US-based audit, tax and advisory firm, detailed, American companies would have to comply with the Patriot Act because their servers are on U.S. soil. But if the data is collocated on a European server, European Union laws would also have to be abided by.

To learn more from Corporate Finance IT experts about leveraging technology to evolve the strategic role of Finance, Accounting and Treasury, register early for Proformative's  ProformaTech 2013.



Julie M
Title: Marketing
Company: AppFolio, Inc.
(Marketing, AppFolio, Inc.) |

As an employee of a company that specializes in SaaS cloud computing this is a good list to keep in mind while selecting an online service for your company.

Here are a few tips to make sure you are covered in these three areas:

1) Security - When selecting a cloud computing service to store or share business documents on security should be top of mind. Look for services that provide "SAS 70" data centers (where your data storage servers are kept), with 100 million PCs compromised by password sniffing malware make sure your service has two-factor authentication (like banking logins), make sure your services uses 256-bit encryption for documents.

2) Accessibility - Be very clear as to who owns what information. Find a service that provides permission settings per users. Make sure the provider is not going to share your data with outside parties.

3) Regulations - Know where your data centers are. Granted, for security reasons companies will not give an exact location but they will provide information on state and country.

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