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DHagar
DHagar
1/29/2016 7:35:31 PM
User Rank
Platinum
Re: Poll: Cloud Services Cash In
Mike, Excellent poll and the results are interesting - and informative!  It is great to stay on top of these "evolving" changes.

Thanks for keeping us informed!

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batye
batye
2/3/2016 5:25:35 PM
User Rank
Platinum
Re: Poll: Cloud Services Cash In
@DHagar  same on my end, interesting to know, thank you

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Joe Stanganelli
Joe Stanganelli
1/31/2016 10:20:08 AM
User Rank
Author
Compliance and the cloud
The regulatory environment has a lot to do with cloud adoption.  I think we'll gradually start to see more adoption from the healthcare and life sciences sectors as those organizations begin to get more comfortable with the compliance considerations of the cloud.  Financial services could be a different story because the compliance considerations there are so plentiful, so expensive, and also so political -- making them frequently changing.

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vnewman
vnewman
2/2/2016 1:30:44 PM
User Rank
Platinum
Re: Compliance and the cloud
I will second that @Joe and add: government, legal, accounting - any industry where "documents" and "information" are the company's products.  My firm, a global law firm has countless governmental restrictions and regulations to folllow regarding how we secure our client's information - add to that the actual contracts we have with our clients who come to our offices to do audits every now and again - and you can see how your typical cloud environment would never fly here.

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Mike Robuck
Mike Robuck
2/2/2016 2:55:47 PM
User Rank
Author
Re: Compliance and the cloud
I also agree Joe. Hard to build something if the regulatory sands keep shifting. As for healthcare, I think HIPPA has made service providers and health care organzations implement some pretty robust solutions. 

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:19:37 PM
User Rank
Author
Re: Compliance and the cloud
@Mike: Indeed.  Healthcare and life sciences are very "sexy" to storage-solution providers and other tech companies right now.  The data isn't just big -- it's HUGE (esp. with medical imaging and genomics).  Plus, the regulatory hurdles present unique opportunities for unique solutions -- and, thereby, unique selling propositions.

Pity the poor financial services CIO, however, who must deal with exponentially more regulatory hurdles and must watch as his industry takes a backseat, in terms of technological innovation, to healthcare, life sciences, and even manufacturing!

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ms.akkineni
ms.akkineni
2/25/2016 2:22:57 PM
User Rank
Platinum
Re: Compliance and the cloud
@Joe:

When it comes to Healthcare Personal Health Information (PHI) is a huge challenge when you think about cloud. There are many things that require to pass State audit from time to time. The location of data is very critical.

Any time for anything that has to deal with regulatory / complaince the challenge is only multiple times more.

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freehe
freehe
2/27/2016 12:58:25 PM
User Rank
Platinum
Re: Compliance and the cloud
ms.akkineni I agree, Healthcare, Legal and other industries that follow strict regulations regarding release of customer data would need to explore the feasiblility of using Cloud Services. It is great solution for any business but healthcare companies need to hire top notch security professionals to ensure that security risks and minimized. Here is a great article on risks on  usage of cloud services in the healthcare industry.

http://www.forbes.com/sites/danmunro/2014/09/01/over-90-of-cloud-services-used-in-healthcare-pose-medium-to-high-security-risk/#1f004994ca47

 

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Joe Stanganelli
Joe Stanganelli
2/27/2016 10:58:15 PM
User Rank
Author
Re: Compliance and the cloud
This is exactly why whenever doctor's offices ask me to sign stuff to give them consent to put my health data on their "system," I decline.  They always seem surprised for me to place this roadblock in their smooth bureaucratic highway.  I smile, tell them I work in data privacy, reaffirm my "no thank you," and the discussion ends.

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freehe
freehe
2/28/2016 8:20:58 PM
User Rank
Platinum
Re: Compliance and the cloud
Joe Stanganelli, I used to do that but stopped. I forgot about the option. Thanks for the tip. I will definitely start doing that again.

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batye
batye
2/3/2016 5:20:23 PM
User Rank
Platinum
Re: Compliance and the cloud
@vnewman interesting point, as regulation do play important part in the cloud service adoption...

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Joe Stanganelli
Joe Stanganelli
2/20/2016 9:44:38 PM
User Rank
Author
Re: Compliance and the cloud
@vnewman: plus, I imagine, the other audits, such as your cyberinsurance carrier (i imagine your firm has one) and other audits for various certifications as may be desired.

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mhhf1ve
mhhf1ve
2/2/2016 9:38:16 PM
User Rank
Platinum
Re: Compliance and the cloud
The EU/US Safe Harbor framework for regulating how cloud platforms and online services store personal data and how they use the data they store will have a big impact, too. But I don't think there's been complete agreement on how it'll all work out yet. 

Maybe cloud data centers in unregulated international waters will be the next big thing... but I suppose the companies who own them will still be liable.

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batye
batye
2/3/2016 5:24:49 PM
User Rank
Platinum
Re: Compliance and the cloud
@mhhf1ve  I would say it depends on the Co. and where Co. registered - legaly...  and other factors in play...

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mhhf1ve
mhhf1ve
2/3/2016 5:28:08 PM
User Rank
Platinum
Re: Compliance and the cloud
Looks like the EU is watering down some of its data privacy regulations so US cloud companies may not be as liable. But the rules aren't set in stone yet.

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batye
batye
2/3/2016 6:17:20 PM
User Rank
Platinum
Re: Compliance and the cloud
@mhhf1ve I would say this days nothing set in stone... as technology keep changing our life and our laws.... legal system...

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:48:56 PM
User Rank
Author
Re: Compliance and the cloud
I'm not so sure you could call it "watering down" so much as a revisiting of Safe Harbor, now that they're realizing how much of a pain in the neck and burdensome the BCR route is and how much the economy is being impacted by this.  At the same time, "Safe Harbor 2.0" will be, purportedly, much more guarded, and much less permanent -- with EU so-and-sos vowing to regularly review it on an ongoing basis so they can quickly and easily repeal or change things if they don't like something.

So, it's like Safe Harbor and BCRs had a kid who got all the recessive genes.

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DHagar
DHagar
2/4/2016 3:41:28 PM
User Rank
Platinum
Re: Compliance and the cloud
mhhf1ve, that's an interesting angle to the overall cloud development, the international impact and the possibility of international cloud designs.  I agree with your assessment of the issues and the priorities for the companies.  As you point out the companies will likely follow their existing governance policies and systems, but will align to enable the markets to grow in crossing internatlonal borders. 

That is an interesting development about the current state of the EU standards and the adjustment to the US standing on data and security.  Thanks for sharing.

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:49:59 PM
User Rank
Author
Re: Compliance and the cloud
@dhagar: And don't forget that, just as companies have their own policies, procedures, and SOPs to comply with (along with actual regulations in their own nations and abroad), they have their clients' policies, procedures, and SOPs to comply with -- and, in turn, their clients' home nation's regulations!

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DHagar
DHagar
2/23/2016 3:03:05 PM
User Rank
Platinum
Re: Compliance and the cloud
Joe, true to the points of full compliance.  There may be overall security built into the "system", but then I believe vertical industry providers (specific to industry/country), may build in regulatory compliance capabilities where the markets are large enough and provide a template for standards to be met. 

Companies will still have the responsibility to ensure their systems, and vendor systems, comply, so they may need to build a final last-mile specific compliance.

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:22:03 PM
User Rank
Author
Re: Compliance and the cloud
@mhh: But there's always risk with the "international waters" thing.  You have to dock somewhere sometime!

Unless you try to pull a Sealand and go the micronation route, but the law doesn't tend to recognize those areas/entities as unregulated or not bound to a sovereignty.

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DHagar
DHagar
2/4/2016 2:14:07 PM
User Rank
Platinum
Re: Compliance and the cloud
Joe, I agree that the build-out will have to comply with the governance, regulations, etc.  I think cloud service providers will build in some of these compliances in going after specific industries.  I think your prediction on healthcare is a good one.  Actually, healthcare may be an industry that improves its compliance, security, etc., through well developed clouds; as they have been behind the curve in building effective enterprise systems.

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:46:15 PM
User Rank
Author
Re: Compliance and the cloud
@dhagar: I'm not so sure about the drive to build in actual compliance.  Certainly, because of how big and sexy HIPAA has become, a lot of providers *boast* that they do HIPAA stuff, but then when you read the actual BAAs it becomes very clear that many still have a far way to go in terms of real HIPAA (or anything else) compliance.

And this is to say nothing of financial services.  They're getting ignored.  I am aware of only a single cloud provider that specifically caters to that niche and guarantees SEC and FINRA compliance.

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DHagar
DHagar
2/23/2016 2:57:44 PM
User Rank
Platinum
Re: Compliance and the cloud
@Joe, it is because of the points that you make that I believe vertical industry cloud providers will recognize the weaknesses in the healthcare systems and will build additional layers for compliance.  Clearly the healthcare industry is not prepared to provide the required robust security it needs so I think again the big players going after the healthcare industry, and linkages with EHR's, will provide a stronger capability that will be attractive to the industry.

Healthcare is increasingly relying on outsourcing in recognition of the gaps and the investments and inhouse knowledge required to meet the requirements you point out.

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Joe Stanganelli
Joe Stanganelli
2/24/2016 11:47:33 PM
User Rank
Author
Re: Compliance and the cloud
Also worth noting: We are seeing an enormous boom in biotech startups over the past few years -- and small companies have more difficulty with extensive regulatory compliance than large companies do.  While data privacy and data protection are exceedingly compelling needs, I worry where these compliance issues interfere with the ability to innovate with new technology.

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DHagar
DHagar
2/25/2016 1:57:57 PM
User Rank
Platinum
Re: Compliance and the cloud
Joe, excellent points.  You are absolutely correct.  The biotech startups face the same level of regulations as a mature pharamaceutical company, without the resources.

Having pre-configured compliance services for identified major industries would go a long way to supporting startups and take the burden off the cost of compliance.


Note:  Actually you could build a model from that which would support companies when new regulations are applied or made more stringent - i.e., carbon emissions, etc.

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Joe Stanganelli
Joe Stanganelli
2/26/2016 3:11:06 AM
User Rank
Author
Re: Compliance and the cloud
@DHagar: I believe that Resilient Systems (Bruce Schneier's company) already does something like this with incident response / breach notification compliance.

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DHagar
DHagar
2/26/2016 1:18:14 PM
User Rank
Platinum
Re: Compliance and the cloud
@Joe, that's great.  Resilient Systems has the right vision.  I would imagine they are benefiting from a growing market.

Thanks!

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clrmoney
clrmoney
2/4/2016 12:25:41 PM
User Rank
Platinum
Virtual Cloud
I think that that virtual cloud infrastructure will increase in the future with more virtual technolgy that's coming available.

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dlr5288
dlr5288
2/22/2016 2:30:09 PM
User Rank
Platinum
The Cloud
The cloud is, I think, the easiest way to do things when dealing with phones, tablets, etc. However, the cloud somewhat scares me. Only because I don't think the secrity measures behind it are all that great.

I've heard of things leaking out of people's phones and hackers getting people's information because of the cloud. I think it's a great thing to use because of accessibility, but the secirity of it does put me off at times.

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Joe Stanganelli
Joe Stanganelli
2/23/2016 2:52:31 PM
User Rank
Author
Re: The Cloud
Here's a less scary way to think of the cloud for the nephophobic.

It's like web-hosted email, in a way.  You're keeping your data offsite pursuant to an agreement with the host provider.

But if you have a terrible password -- or, worse, a terrible password backdoor (like an obvious hint or security question, or something that would require minimal research and/or social engineering) -- then it doesn't matter where the fortress is and who owns it.

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