How to Assess Your Critical Cloud Service Providers

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13
Next How to Assess Your Critical Cloud Service Providers-11 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

Holiday20-190x128 5 Ways to Protect Your Data Center from a 'Zombie' Server Attack

It's easy to forget about the ghosts of servers past that are hiding in the background, continuing to consume electricity and potentially exposing organizations to malicious attacks. ...  More >>

cloud50-190x128.jpg How to Use the Cloud to Become a High-Velocity Business

Cloud SaaS adoption allows organizations to gain the flexibility and scalability necessary for creating a high-velocity business. ...  More >>

DynCloudInternetVisibility0x 8 Reasons the Enterprise Needs More Visibility into the Cloud

IT executives need the right tools to monitor and control their cloud infrastructure to maximize the positive impacts and mitigate security threats. ...  More >>

Subscribe to our Newsletters

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