Solution-Viable alternative for their it resource needs

Viable alternative for their it resource needs

Assignment Help Auditing

Reference no: EM13886150

A growing number of organizations are using cloud computing as a viable alternative for their IT resource needs. Cloud computing allows organizations to increase their ability to meet computing resource demands while avoiding significant investments in IT infrastructure, personnel, and software. While forecasts are for continued increases in demand for cloud computing, the benefits also bring a host of new risk considerations.

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued a thought paper, Enterprise Risk Management for Cloud Computing, to help organizations assess and mitigate risks arising from cloud computing. Visit the COSO Web site (www.coso.org). Read the thought paper to answer the following questions:

a. What is cloud computing?
b. What are private clouds, community clouds, public clouds, and hybrid clouds?
c. The paper identifies examples of risks associated with cloud computing. Describe each of the following risks:
(1) Disruptive force
(2) Lack of transparency
(3) Vendor lockin and lack of application portability
(4) Highvalue cyberattack targets

Reference no: EM13886150

Questions Cloud

What would be hennes and mauritz(h&m) brand proposition : What would be hennes and mauritz(H&M) brand proposition and customer segment using value proposition canvas, empathy map and brand diamond for illustration

Piercing the corporate veil : Describe the concept of "piercing the corporate veil"

Explain the ethical issues in marketing field : Explain the ethical issues in marketing field and identify and discuss about two companies in Australia who has been having some issues regarding the way they pursue their business.

Describe who are the stakeholders in a corporate environment : Describe who are the stakeholders in a corporate environment.

Viable alternative for their it resource needs : A growing number of organizations are using cloud computing as a viable alternative for their IT resource needs.

Show that the power-law form for the velocity profile : Show that the power-law form for the velocity profile in a turbulent ?ow is not a good approximation at the wall or at the outer edge of the boundary layer.

Prepare a financial overview for bringing the ipad : Prepare a financial overview for bringing the iPad to South Korea?. How do I include a chart that represents the general budget for my global venture and explain how mycompany deals with foreign exchange risk for your global operation

What opportunities and threats do these global competitors : What opportunities and threats do these global competitors pose to the global marketplace? Why will innovation be important to the United States after being viewed as a successful competitor in the global environment?

Complete a partially filled out expense report : Complete a partially filled out expense report for a company's sales force and then save it. To view these instructions while you work in Excel, you can print this page of instructions or move back and forth between this page and Excel by clicking..

User Account

All Pages

Viable alternative for their it resource needs

Reference no: EM13886150

Reference no: EM13886150

Questions Cloud

Reviews

Write a Review

Auditing Questions & Answers

Internal audit

Accounting professional and ethical standards

Prepare swag''s consolidated balance sheet

Auditing and assurance

State of the company’s industry and associated risk factors

Prepare a memo to the audit partner

Adjusting or non- adjusting events

Audit financial data

Identify principal audit risk

Auditing and assurance

National health reform

Prepare a memo on the state of the company''s industry

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT