“Cloud is to data what a bank is to money – It took a long time for people to trust a bank enough to give them their money for safekeeping. Inspite of that, just half a decade ago, there was a serious threat to quite a few large banks some of which succumbed. This happened despite the large number of regulators and measure taken to guard against this very thing. Cloud computing is at a very nascent stage and these issues have not even been thought through. Imagine there being a regulator trying to regulate every small vendor offering a SaaS on the cloud. It is absolutely impossible to even imagine the kind of resources required for this regulator. This leaves the due diligence purely in the hands of the service receiver. The number of certifications for different cloud services just clouds the matter even further. If the service receiver is an individual or a small or even medium sized business, they can easily be lulled into believing that their data is secure, when actually it may not. Unless this issue is solved, it will be very difficult for cloud providers to ever gain the trust that the banks have today. One way of solving this issue is to have a regulatory body for the cloud infrastructure who in turn will be responsible to certify the services provided on their infrastructure have complied with a certain level of security. Of course, these standards have to be universally followed for all the cloud infrastructure providers. This is definitely not anything new. Apple has been doing this for all apps loaded on it’s Appstore. In fact, even though Android has been rapidly gaining ground, there is a marked quality difference between the apps on the apple store and those on the Android store. One of the main reasons is the vetting that Apple does before allowing anything on its Appstore. When any of the big cloud infrastructure players starts something like that, it will build the necessary trust required for companies to take that leap of faith into the cloud. I believe this is just a matter of when rather than if.”



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