Evaluate Weigh the pros and cons of technologies, products and projects you are considering.

The top five risks of cloud financial software

4/7

Data security in cloud computing isn't foolproof

Source:  Nomad Soul/Fotolia

"The biggest concern I have is with data loss," Heiser said. If the worst happens, "can you verify with your provider that your data will be recovered? And how long will it take? [The cloud] is a living, breathing entity. It's amazing that it works as well as it does."

To be sure, there isn't widespread looting of data in the cloud, but it's very difficult to disprove that it's not happening either. "Security transparency of cloud providers is terrible. I'm sure they actually do a fine job at security, but they don't do a good job proving that to us," Heiser said. Again, the onus is on the enterprise to ensure data security in cloud computing. The savings businesses thought they achieved by using a SaaS model are now just shifted. "We go from managing our software to managing our providers. And there is no systematic way yet to go about this," Heiser said. "It takes 'buyer beware' to another whole level."

View All Photo Stories

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

SearchOracle

SearchDataManagement

SearchSAP

SearchBusinessAnalytics

SearchSQLServer

SearchContentManagement

SearchHRSoftware

Close