As more organizations move critical data to the cloud, security takes on
ever-increasing importance, according to a recent report on cloud security.
The Security for Business Innovation Council, consisting of IT security
professionals from 19 companies worldwide, called cloud computing the main
disruptive force for 2013. In its report, "Information Security Shake-Up,"
the group said it was evident many organizations are preparing to move more
business processes to the cloud. This year, it will even be "mission-critical
apps and regulated data" consigned to the cloud, according to an article on
The Council includes security professionals from Coca-Cola, eBay, FedEx, EMC,
Fidelity Investments, Intel, Johnson & Johnson and Walmart, among several
"Although supplier lock-in and system availability are some of the big
concerns with the cloud, se... (more)
Cloud computing is steadily working its way into the U.S. federal government,
potentially simplifying access to information for the public, but also
creating some consternation over who ultimately controls that data.
Some federal agency managers are reluctant to hand over their data to cloud
computing providers, for fear of diminished security or potential hassles
should they need to switch vendors, according to an article on
But the government's growing appetite for collecting information is forcing
agencies to consider the promised benefits of cloud computing,... (more)
Technology sure does make strange bedfellows.
The federal government's newest cloud service provider is one that may elicit
surprise. It's the same agency that oversees farm policy and food safety -
the US Department of Agriculture.
The USDA has been certified to provide Infrastructure as a Service (IaaS) and
Platforms as a Service (PaaS) under the Federal Risk and Authorization
Management Program, a rigorous security-approval program overseen by the
General Services Administration. The USDA now offers FedRAMP-certified cloud
services to other federal agencies, as well as to stat... (more)
That's one big check for Big Blue.
IBM won a federal cloud-computing contract with a maximum value of $1
billion, its largest such agreement with the U.S. government, according to an
article on Bloomberg.com.
The Interior Department awarded similar, 10-year pacts to nine other
suppliers, including Lockheed Martin Corp. (LMT), which also described the
agreement as its largest federal cloud contract.
The deals might reach a combined $10 billion, allowing the agency to speed
its efforts to move information to the cloud, a Web-based pool of shared
resources such as data storage and ... (more)
Venture capitalists are currently enamored with cloud-based startups, and are
investing heavily in the cloud computing industry, according to a post on
According to statistics shared by PricewaterhouseCoopers, venture capitalists
invested as much as $6.9 billion on "Internet-specific" startups in 2011
alone, with "Internet-specific" being a proxy term for "cloud" because that's
what most of them are doing. The $6.9 billion investment is a 68% increase
from last year.
In Q4 alone, investments related to cloud amounted to $1.8 billion, which is
above the $1.3 bill... (more)