risk management

Overheard: Cloud computing too big a risk for mission critical apps

The nature of Grid/Cloud computing means a business has to migrate its applications and data to a third party solution. This creates huge barriers to the uptake. Paul Wallis, Is the Cloud There Yet?

Recently we’ve seen the London Stock Exchange fail, undersea data cables cut in the Gulf, espionage in Lithuania and the failure of the most modern and well-known data farm at Amazon.

In such a climate it will require asking the business to take a leap of faith to find solid footing in the cloud for mission critical applications.

And that is never a good way to sell to the business.

Overheard: There’s no killer app for GRC software

Most people assume that so-called GRC software–governance, risk and compliance–will continue to gather steam, as big boys like Oracle and SAP continue their marketing. It makes sense to automate compliance and risk issues, but the reality of this nascent field is that there really isn’t a single point solution. John Hagerty, CFOs face complex GRC software decisions