NEW YORK Feb. 10, 2011
Through the firm’s Information Technology Risk and Assurance practice, Ernst & Young works with companies across industries to help them manage IT risk and improve their information frameworks. As cloud computing is of high interest on the corporate agenda, senior level management and the C-suite are focusing on it.
According to Ernst & Young’s Global Information Security Survey, released in late 2010, 45% of companies are expected to use cloud computing in the next 12 months. Although cloud computing services are gaining greater acceptance, organizations must still address the potential risks before they move their business applications to the cloud. The survey shows that nearly half of all respondents are currently engaging in, evaluating, or planning to use cloud-based solutions. However, the top risks most concerning businesses about the cloud are data leakage and loss of visibility of corporate data.
The CSA, by promoting the use of best practices, education and research, is working to help cloud computing users and service providers understand security requirements.
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This news release has been issued by Ernst & Young LLP, a client-serving member firm of Ernst & Young Global Limited located in the US.
SOURCE Ernst & Young