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QUESTION

•Many firms are relying onCloud computing, also known as “theCloud,” to perform key business functions. By moving transactional

"TheCloud Effect"  Please respond to the following:

•Many firms are relying onCloud computing, also known as “theCloud,” to perform key business functions. By moving transactional processing to theCloud, firms are exposing themselves to additional attacks as well as to tighter scrutiny from regulators and stakeholders. From the e-Activity, assume that you are the CFO of Amazon.com. Create an argument indicating how your firm will be able to balance the needs of security with the desire of being a dominant player in the global market. 

  • As the CFO, describe your top-three fears in competing in the global market, and how you plan to overcome those fears. Provide support for your rationale.
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boot *** ****** occurrences to ******* ********** *** ** ******* ***** ******** **** up *** **** ** your ********* ************ change ****** EC2 ******* the ********* ****** ******** ** ******** ** permitting *** ** *** **** *** capacity that you ******** use ****** EC2 furnishes ********** *** tools to build failure ********* ************ and ******* ********** **** ****** ******* scenariosAmazon *** ******* *** to ******** ** ******** ******** ****** ******* *** ***** or days You *** requisition *** ******** or **** many server cases *** *** ************** ***** **** ** *** ********* **** *** ******* APIs **** application *** ************* ***** itself up *** **** depending ** *** needsAmazon *** ****** * ********** ***** environment where ***** ********* ***** ** ******* and ********* authorized *** service **** within ********** ****** ******* ************** *** *********** *** ****** *** ******* ***** ********* **** ** 9995% ************* *** ***** ****** EC2 ************ *** ***** ** *********** **** ****** VPCto **** ******** *** robust networking functionality for **** ******* ************* compute instances *** placed in * ******* PrivateCloud (VPC) with ** ** ****** **** you *** You ****** ***** ********* *** **** open to the Internet *** ***** ****** ********* ******** Groups *** networks ACLs permit *** ** ******* ******* *** outbound network ****** to *** **** **** instances· *** *** unite **** ******** ** **** to resources in your VPC ***** ***************** ********* ***** VPN ************* You *** ********* your EC2 ********* as ********* Instances ******* ********* *** Amazon *** ********* that *** ** ******** ********* to * solitary ****** for extra isolation· For **** *********** ** Amazon *** ******** ***** ** *** Amazon *** Services: ******** ** ******** ******* ************ *** don't have * default *** *** **** ***** *** *** ****** ********* **** **** *** ** ***************** ********** ******** such ** ******* ******* ******** security ***** ********* network ACLs ********* ********* *** *** ****************** * * (2012) Amazon ******* ************ (Amazon **** ********* February * **** from Amazon: ***************************** the *** ******** **** top-three ***** in ********* ** the ****** ****** *** how *** **** to ******** ***** ***** Provide ******* for **** ************** ** *** list ** a **** breach ** ********* *** ********* ****** of this threat *** ****** ******** ****************** ** *********** ***** from **** ******** ********** how * ******* ******* ***** ******* ************ ****** **** to concentrate ******* ************* **** ***** **** ** ********* *** on *** **** server * ********* ****** ******** *********** **** ** head off ** **** ******* to **** *** **** **** ** **** however ******** **** * **************** ******* database ***** ******** properly a single **** ** one ********** *********** ***** permit ** ******** to *** ** **** customer's *********** ** well as every ***** customer's *********** alsoThe **** ** ******* ** **** ******* ** *********** misfortune *** information ******** ** **** "the ******** *** *** *** ** ** ******* one *** ******** the ****** ** *** *** report *** ***** ****** your information ** ******** *** ****** ** * ***** *** ** the ***** **** *** **** **** ********** *** you'll lose your *********** ** *** other **** **** *** ****** ** keep disconnected **** the *** ************** ** your *********** ** ******** *********** ********** *** ****** your ************ to *********** ********* *************** ****** ** ****** ********* environment ********** with *** ** **** *********** the ******** ** ****** **** *********** data vanishes **** *** ether ******* * ****** * ********* ****** might ****** * ******** **** *** ** **** ** ******* then *** could **** **** **** ** a ************* ******* ******** ** * ******** *** ******* **** ***** or ********** Compounding *** ********* ********** your **** ** **** *** ***** *** ******** ** *** **** **** ********** ******* ********** isn't just ********* as *** ** affecting associations **** ******* *** report notes You could ************ *** **** high temp water **** *** **** ** *** ***** **** ****** ******** needed ** ***** ******** information ** stay in ************ **** ******* laws *** ******* HIPAAThe ******************* ********* security **** ** ******* or ******* ******* hijackingCloud ********* *********** ****** ** **** ***** ** per *** ** *** ***** **** an ******** ***** ****** ** **** *********** ** ** *** *** ****** ** ** your exercises and transactions ******* *********** return *********** data and ******** your customers ** ************ ************ ***** account or services instances *** **** **** ******* **** *** *** ******** **** **** **** *** ********* the force ** **** ********** to ***** ******* ******** ********* to the report ** a **** *** indicated * *** ****** ** ****** ** **** **** *** ********* ****** *********** ** *** ******* key ** ********* against **** threat is ** ******* *********** **** ***** ****** ************** ****** **** ** prohibit *** ******* of ******* *********** ******* users *** ******** *** **** ****** leverage ****** ********** authentication ********** ***** possible" ********* ** *********** * ****** * *** threats ******* ********* security ********* February2 **** from ********************************************************************************************** ***** Please ******* ** *** following:•In this global age ** information ******* ***** ******* *** posed ** the principles ** *************** *** privacy related ** ******** *********** ** ******* *********** ******* ********* ******* ******* for **** ***************** outsourcing is *** *** ** ****** ************* ** employees ** ******* ******* ***** overseas For ******** a ******* *** **** and ***** computer ***** ** *** ****** ****** *** *** ******** *********** ** ****** *** ****** ************** and *********** help ********* ***** **** ***** ** ** ********* ********** **** ** ***** ********** ******** *** Internet *** ******* a **** part ** outsourcing ** ********* nations *** just permitting ********* to ********* work to different ************* *** hire ********* **** *** **** separation **** ************ making ** simpler to **** ********* workers from ** far and **** ** possible getting ***** ******** *** altogether **************** more *********** chain of ******* ******** **** offshoring ********* services *** ******* **** *** make new ***** **** ********** **** **** **** *********** ********** ************ presents * ********* of nation **** ** *** outsourcing ******* ************ ********** ********** **** *** ******** and timing ****** ** ********* elevate *** ********* **** ********* **** offshoring **** areas ************* ******* ***** ********* ************** ** ********* ********** may enhance *** ** the ************ *********** ***** including ***** ****** ******** ********************** ***** ****** ******** may influence ****** ************* ********** ***** ******** ******* ***** not have sufficient ******** regulations• ********* ***** *********** ****** laws may *** secure "exchange ************* ****** ***** * ****** **** **** likely ** ****** ** ******* *** ******** because ** ********* ************* ***** ****** ** ********** **** *** ******* ********* ********** ********** ******* ******** ************* or ********* improvement and ****** inasmuch ** ****** ***** activities include *** ******** ***** personal data *** ******* **** ******* ** *********** ********** At present ********* ************ *** primarily offshoring low-risk ** ****************************** client ********* **** **** ********* ******** ********* *** ***************************** *************** ******** *********** of **** ******** ** ******* Institutions *** ********** ******** ******* ***** ****** ********* ******* 29 **** **** Fdic; ******** outsourcing ** **** ******** ** insured ************ *** ********** ******** privacy risks: http://wwwfdicgov/regulations/examinations/offshore/LastMadison N ****** What ** offshore outsourcing? ********* ******* 29 2014 **** *************** ***************************************************************** who ****** ** held ****** *** *** ******** **** ***** *** indicate *** course(s) of ****** **** ****** be **************** ********** ******** restrict **** *** gathering from being **** liable for *** ************ consequential punitive and uncommon or other backhanded damages ****** more these ********** ********* *** a *** ** the ***** ****** of ******* *** which ****** gathering ***** be liable in *********** with *** ********* *** ******* is to ****** a gathering from recouping *** **** damages ****** ** *** ******* ** the ***** ***** While **** * portion ** **** may ** ************ on account ** ** ordinary ****** of ******** by *** ***** party *** allocation of risk ** *** ********* ************ ****** **** damages ****** from ********** movement **** the ***** party or ***** the ****** ** nonperfor­mance ** *** ***** ***** *** **** to *** ***** **** ******** ********** forces necessity ** ** placed *** ** ** ********* that *** ***** party fulfills its obligations ***** *** ************* **** ***** *** parties ********* **** *** ***** ** ******* ******* ************* *** ********** ******* *** ******* ** ** ****** greater than *** ********* *** ***** of rejections **** *********** ** ********* ******* losses resulting **** * breach of confidentiality ******* ** ******* services ***** bodily ****** and ****** ** ******** ******** ********* ** applicable *** gross ********** ** ******* *******************************************************************************************************************************************************************************

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