CloudBus

Cloud Computing provides Agility, Economy, Speed and much more but it cannot be adopted with the Regulator's support. Lack of guidance for compliance has choked Cloud Adoption and has made cloud adoption similar to  climbing a steep Rock with no guidance. . Cloud Adoption is like Climbing a Steep Rock ! It is time for the Regulator to understand the Cloud Benefits, overcome its fears on Privacy and Security and provide guidelines for Adoption. Let 2012 be the year when Regulators support cloud adoption by providing compliance guidelines and may business and the customer benefit by Cloud Adoption. Are the Regulators Listening ? Let  healthcare, banking, insurance, financial service and other regulated business benefit and server it customers better with the Regulators support and guidance for Compliance in the Cloud.

Cloud Strategy should start with identifying whether the Cloud meets the IT GRC (Governance Risk and Compliance) requirements of your Business. Issues on Security of the Cloud are emerging from Business which have a complex IT GRC requirement like Healthcare and BFSI verticals who have been cautious in adopting the Cloud. The Bridge to the Cloud is your Business's IT GRC posture . The first step is to figure out the maturity of IT GRC in your Business and close the Gaps. The next step is to apply your IT GRC requirement to a generic cloud architecture and see if it meets the IT GRC needs of your Business, there will be some areas which will need attention. The final step is to identify a cloud service provider who meets your IT GRC requirements of your Business and if there are any Gaps work with the vendor in plugging them. If at any step you find that the IT GRC does not meet your Business requirement you are better off not migrating to the cloud and it may ...