Cloud Security & Governance

Need for cloud security & Governance

Enterprises are accelerating the adoption of cloud technologies. These advantages include but are not limited to rapid information system deployment, significantly reduced operating costs, massive economies of scale, processing speed, and agility.

Data breaches, system vulnerabilities, insufficient identity, and credential and access management are some of the typical security challenges in the cloud environment that organizations must address. Organizations may lack adequate operationalization and enforcement of policies, standards, procedures, and so need to develop and enforce a formal operating model. In other situations, the organizations may not sufficiently exercise its responsibility to protect data in the cloud or may lack the means for senior management visibility into cloud security performance and risks which lead to poor governance of cloud security.

Cloud security & governance refers to the management model that facilitates effective and efficient security management and operations in the cloud environment so that an organization's business targets are achieved. An effective security & governance model will result in the optimization of business value for the organization. Cloud security governance helps answer leadership questions such as:

• Are our security investments yielding the desired returns and investment optimized?

• Do we know our security risks and impact to business?

• Are the risks mitigated to reduce security risks to acceptable levels based on risk appetite?

• Are there reports to key stake holders including Senior management.