ITM 700 Lecture Notes - Lecture 8: Keiretsu, Walmart, Mckinsey Quarterly

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Article: risks and myths of cloud computing and cloud storage. Cloud computing provides many start-up companies a low-cost solution, many business leaders see cloud computing as an engine for small business. Cloud computing all provides a cheap backup on the cloud which protects against loss of valuable data. Despite the benefits provided through cloud computing there are also many risks that need to be evaluated before choosing to go to cloud computing. These risks include confidentiality, date integrity, reliability, etc. The use of unencrypted email and being managed by a cloud provided could be an extremely risky. Clouds that"s store a company"s data along with everyone this else can present issues regarding trusting potentially untrustworthy entities. Cloud providers have chosen to ignore the old risks that were present in large, shared distributed systems which has lead them to be oblivious of newer risks also. Companies such as amazon and cisco have seen the outcomes of these risks.

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