Cloud computing is advancing faster than our ability to secure systems.
Companies are rapidly moving their most critical data and information from file cabinets and secured servers to shared servers on the Web.
Cloud computing provides significant cost savings and operational advantages.
But it also unleashes a Pandora’s box of security concerns.
We’ve already seen cloud break-ins originating from China.
And a number of legitimate Internet companies have suffered when the FBI confiscated a shared server in a cloud hosting facility that also hosted rogue applications.
One major security breach could throw cold water over the entire industry and slow down the corporate adoption that is expected to drive cloud growth this year and for many years to come.
Vivek Wadhwa, Published: December 30
There is clearly another bubble inflating in the cloud computing sector, with every company that uses a distributed architecture now calling itself a “cloud company.” So what does 2012 have in store?