Put Your Enterprise Financial Data In the Cloud? Sure, Why Not

jfruh writes: For many, the idea of storing sensitive financial and other data in the cloud seems insane, especially considering the regulatory aspects that mandate how that data is protected. But more and more organizations are doing so as cloud providers start presenting offerings that fulfill regulatory needs — and people realize that information is more likely to be accidentally emailed out to the wrong address than hacked.

Comments

No, just no.

[geogob]

Nothing goes into "the cloud". I'm slowly getting sick of this cloud hype. In most cases its useless and its only a security risk - a risk no one can really weight as the cloud is often maintained by an external provider.

obvious ad

[jarkus4]

advertisment in pretty clear form.
"I went to this company conference and they told me they're cool and I have nothing to worry when storing my data on their great services"

bullshit

[Gravis Zero]

Is data in the cloud vulnerable? Well, yes, all data everywhere is theoretically vulnerable and the cloud is no exception.

"the cloud" has proven time and time again to be not just vulnerable but exceedingly vulnerable to attack. what's worse is that companies are under no obligation to tell you when (not if) they get hacked. worse yet, they aren't held responsible for getting hacked, so all you can do is switch to a new "cloud provider" and pray it doesn't happen again.