Rolf von Roessing, ISACA Framework Commitee
Cloud computing and virtualization are among the most important developments we have seen over the past several years. Many organizations have adopted them as strategic initiatives, not least to streamline their cost base and increase flexibility. SaaS, PaaS, IaaS and other forms of delivering cloud-based services are rapidly growing on a global scale, as are the virtualized infrastructures operated by large cloud providers. However, this is not without risk. New vulnerabilities, recent incidents and increasing concern about cyber crime have created a need for managing risk and security as strategic priorities.