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Cloud Security Alliance Sets Research Agenda for Upcoming CSA Congress 2014

Cloud Security Alliance Sets Research Agenda for Upcoming CSA Congress 2014 | Cloud Central | Scoop.it

The Cloud Security Alliance is a not-for-profit organization with a mission to promote the use of best practices for providing security assurance within Cloud Computing, and to provide education on the uses of Cloud Computing to help secure all other forms of computing.

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The group's first research report, Botnet Essential Practices for Cloud Providers, aims to develop and maintain a research portfolio providing capabilities to assist the cloud provider industry in taking a lifecycle approach to botnet prevention.

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INSURANCE: Cloud Computing: Risk vs. Reward

INSURANCE: Cloud Computing: Risk vs. Reward | Cloud Central | Scoop.it
2014 could be the tipping point for businesses to recognize the need to insure against cyber-related exposures.
Peter Azzopardi's insight:

With those benefits, why do some businesses still resist integration into the cloud? The biggest concern is the impact the cloud has on a company’s security. With the ability to access anything from anywhere, a business’s data can be more vulnerable to attacks.

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Mustapha B. Mugisa's curator insight, September 23, 2014 11:53 AM

As a top executive, you must implement a robust risk management strategy to address cyber risks. The best strategy of all is on-going staff training. Ensure all your new staff are security conscious. 

Garry Wood's curator insight, October 6, 2014 11:33 AM

Would you trust the cloud for your business?

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INSURANCE: Underwriting cloud computing brings risks, rewards: Speaker

INSURANCE: Underwriting cloud computing brings risks, rewards: Speaker | Cloud Central | Scoop.it

ORLANDO, Fla. —To properly underwrite cloud risks, underwriters must peel away the mystery that surrounds them, an expert said Monday.

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The cloud, he said, presents the opportunity to spread fixed costs by sharing expenses and is “economically compelling.” But if that is the case, why isn't everyone in the cloud? “The one-word answer is risk,” Mr. Zollar said.

 

The cloud environment is less transparent and “more mysterious” than the noncloud environment, and it is not known where data is stored at any given moment, he said. “As underwriters, you need to demystify the cloud” to write high-quality coverage, he said.

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Insurers lagging on cloud cover

Insurers lagging on cloud cover | Cloud Central | Scoop.it
Cloud computing presents businesses with a new set of risks the insurance sector is finding hard to comprehend.
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"‘In the past the cloud has been seen as something just ‘out there’ – beyond jurisdiction. That is completely wrong. Rather than escaping from jurisdiction in the cloud, you are actually subject to many jurisdictions. And those jurisdictions might not be what you expect.’’

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New Cloud Computing Insurance Attempts to Solve Cloud Liability Concerns For Service Providers - Forbes

New Cloud Computing Insurance Attempts to Solve Cloud Liability Concerns For Service Providers - Forbes | Cloud Central | Scoop.it
Like it or not outages are part of life in today’s technology landscape. It seems hardly a day goes by without some kind of attack, outage or interruption.
Peter Azzopardi's insight:

Insurance is another step towards putting users' concerns to rest.

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kimberly joy camalig's comment, May 8, 2013 10:31 PM
thats right. it gives you assurance for the future. please visit <strong><a href="http://www.prlog.org/11274414-philippine-prudential-life-insurance-co-inc-pplic.html">; Philippine Prudential</a></strong>
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Cloud Computing Insurance: The New IT Safety Net?

Cloud Computing Insurance: The New IT Safety Net? | Cloud Central | Scoop.it
Own something valuable? Then it should be insured. Homes, cars and even office equipment is typically insured against destruction or theft. But what about data? For many midsize companies, mission-critical data does not reside on a single stack or even with a single cloud provider. ...
Peter Azzopardi's insight:

.......... the problem lies in calculating the total value of virtual assets and the risk they represent. Companies with better security protocols, for example, should not be charged as much as those that leave gaping network holes. .......

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INSURANCE: Cloud computing leaves commercial clients exposed

INSURANCE: Cloud computing leaves commercial clients exposed | Cloud Central | Scoop.it
Have clients storing data in the cloud? Better double-check their cyber liability coverage.
Peter Azzopardi's insight:

 “There are concerns that because many, many companies are now sharing a server, if that server is successfully hacked into, then every client’s information will be compromised,”

 

 

Pic courtesy insuringtech.com

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M&D Business Solutions's curator insight, January 29, 2014 9:06 AM

Artículo relacionado a la situación pasada a los clientes de TARGET.

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INSURANCE: LIU, CloudInsure Tackle Cloud Computing Coverage Gaps

INSURANCE: LIU, CloudInsure Tackle Cloud Computing Coverage Gaps | Cloud Central | Scoop.it
A new insurance partnership between Liberty International Underwriters and CyberRiskPartners’ CloudInsure will provide insurance backing for cloud provider
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Insurance might be costly in the beginning but ...

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INSURANCE: A new era in insurance: Cloud computing changes the game

INSURANCE: A new era in insurance: Cloud computing changes the game | Cloud Central | Scoop.it
Cloud, mobility, and advanced analytics are transforming the way insurance companies offer value to their customers.
Peter Azzopardi's insight:

Certainly and why not. The cloud will become part of mainstream life, insurance is a natural evolution.

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Garry Wood's curator insight, October 6, 2014 11:44 AM

Is your business ready for the cloud?

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CloudProtect: Insurance for cloud computing risks

CloudProtect: Insurance for cloud computing risks | Cloud Central | Scoop.it
To assist companies in managing the risks associated with cloud computing, Marsh announced an insurance solution designed to protect companies against first-party losses stemming from a cloud service provider’s failure.
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