How to Assess Your Critical Cloud Service Providers

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13
Next Next

Quantifying Risks

There will always be some degree of residual risk when working with a third party. Because of this, it is important to take a holistic view of the relationship and apply traditional risk management and risk assessment techniques to determine potential threats. For example, what would happen to your organization if the CSP goes out of business, or if data is exposed in a public space? How you size and rank these risks can and will impact the likelihood of its influence. Further, your organization’s ability to quantify the loss of data’s CIA (confidentiality, integrity, availability) can help inform your decision-making process related to the CSP’s role in the event of data loss.

Previously, MetricStream's David Williamson shared best practices for how companies can keep their cloud technologies secure, including:

  • Prioritizing the value of your data (whether public or private).
  • Considering the different ways a loss event may impact your organization.
  • Monitoring and managing your third-party relationships with specific loss prevention protocols.
  • Testing your network for weaknesses, and addressing them swiftly.
  • Dedicating resources for information stewardship.

According to the Global State of Information Survey led by PwC US in conjunction with CIO Magazine and CSO Magazine, of 10,000 IT and security decision-makers in 127 nations, 69 percent of respondents use cloud-based security services. This number reflects that the cloud has not only proliferated, but has become a staple in the enterprise IT strategy. Given the survey results, which reveal increasing and continued growth of cloud adoption, Williamson has outlined five best practice guidelines for how companies can assess the capabilities of their critical cloud service providers (CSP).

 

Related Topics : IBM Looks to Redefine Industry Standard Servers, APC, Brocade, Citrix Systems, Data Center

 
More Slideshows

RKONITGrowthFlexibility0x Building High-Growth IT: 5 Things to Know Now

Five factors IT pros need to consider when strategizing and constructing a computing platform built for growth and flexibility. ...  More >>

DataCtr11-290x195 5 Essential Elements in Building an Agile Data Center

Five key areas that are critical for successful data center modernization efforts include speed, quality of service (QoS), disaster recovery, predictive data analytics and manageability at scale. ...  More >>

cloud47-290x195 Multi-Cloud 101: 7 Things You Need to Know

Many organizations are beginning to consider use of a multi-cloud strategy, in which multiple cloud solutions are leveraged for a more complete and purpose-built cloud architecture. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.