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Based upon information gained from this weeks required readings,identify several areas of risk that are associated...

Based upon information gained from this weeks required readings,identify several areas of risk that are associated with Cloud Computing and/or Virtualization. How might these risks be mitigated or minimized? Be sure to DEFEND your position.

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Answer #1

Risks that are associated with cloud computing are-

1) unauthorised acess to business or customer data

2)compliance and legal risks

3)security risk at the cloud service vendor

4)availability risk of cloud

5)Risks related to lack of control

Steps to minimize the risks-

1)signing an agreement with business associates

2)limit the acess to the organization and subsets

3)research applications

4)secure third party validation

5)Develope an incident response plan

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