Assurance in the Cloud

The business issues and challenges of cloud computing are raising greater awareness of the risks of moving business-critical IT out of the direct control of management. These risks are prominent among the considerations of potential and existing Customers, resulting in a greater attention to the balance of the benefits and the risks, and related potential compliance costs. Customers are demanding assurance that these areas are controlled, but it has been a challenge for Providers to offer this assurance because no single standardized report covers all the inherent risks of SaaS, PaaS and IaaS services. Providers need a more effective third party assurance reporting method.