Cloud Computing and Hacking

Hacks such as that which took place against Gmail and the Sony Playstation gaming network are threatening to dampen the take off of Cloud Computing. Such set backs will slow the growth of the ever-expanding Cloud market which is expected to exceed $55 billion by 2014 according to IDC.

The outstanding security issues with Cloud Computing will need to be addressed accordingly if users are going to trust its implementation. This is especially apparent when considering the corporate space and it doesn’t bode well when consumer data is being lost left, right and centre.

“Many enterprises have reservations about the security of cloud computing because of the multi-tenant architecture and the fact that cloud providers are big targets” Steve Hodgkinson, IT research director at UK-based research firm Ovum.

Cloud providers have a huge incentive to put in place the very best security and such measures may make them arguably more secure than most corporate networks.

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