TOP RISKS IN CLOUD

COMPUTING

Agenda

• Top Risks in Cloud

–Cost Reduction / Optimization

–Agility / Elasticity

– Security

–Rights management

–Documentation

Key benefits of Cloud Computing

• Cost Reduction / Optimization

• Agility or Elasticity

• Security

Where can Cloud Go Wrong

• Cost Management

• Agility or Elasticity

• Security

Story 1 - Cost Management

• Cloud pricing is variable, pay what you use

• If you forgot what you use, you end up paying more

Solution: Monitor your Cloud Instances

Story 2 - Cost Management

• Myth: If a cloud resource is not used, it will be cheaper or free

• Fact: Some cloud resources are charged even if they are not utilized

Solution: Read the fine prints. Run your bills through an expert

Story 3 – Agility and Documentation

• Cloud makes it easy to go wild on technology selection. You could end up using a much more complex service.

Solution: Have your infra documents and diagrams handy, helps in identifying the actual requirements.

Story 4 – Security & Rights Management

• Not all cloud service providers are same

• Not all are compliant with best security practices.

Solution: If cloud provider is not in the Gartner’s list, ensure they have certain set of compliances in place.

Story 5 – Security

• A client was billed for $700 worth of bandwidth consumption. For a 150MB Wordpress site

• The cause was a harmless brute force attack

Solution: Security is your responsibility.