– Thomas J. Trappler, Computerworld
February 16, 2012
Loss of control is one of the main things that gives people pause when they think about putting their data in the cloud. We’ve all seen how painful a data breach can be, and it can seem almost like asking for trouble to put your data in the hands of someone else. It’s hard enough to prepare for a breach when you’re in control. How do you do it when you put someone else in charge?
That’s where a well-negotiated cloud computing contract comes into play.
Let’s face it: A data breach can be expensive, not to mention damaging to your reputation. According to the Ponemon Institute ‘s Five Countries: Cost of Data Breach report , the average cost of a data breach in the U.S. is $204 per compromised individual. The report analyzes numerous data breaches, and the smallest in the U.S. involves 5,010 people. So, even at the low end of the spectrum, the total price tag was over $1 million.
In past columns I’ve discussed ways to ensure that your cloud provider is preventing data breaches , but how do you prepare for them so that you don’t have to bear these costs?
