Simplifying Risk Management of Cloud Services

Presented by

Brian Barnier, Principal, ValueBridge Advisors

About this talk

One day you hear from a business leader, “We’re moving to a new cloud service, no risk in that -- right?” Or, the boss calls, “Sales wants to sign a new contract guarantying our response time to our parts customer, we run order entry off the cloud, no risk in that -- right?” As cloud deployments grow based on cost savings, IT and risk leaders are being asked tougher questions by external business partners, internal business leaders, auditors and regulators. Cloud Computing can be, well, cloudy. To evaluate and respond to risks, the basic risk management building blocks still apply. To kick-off today’s program, this session will provide an overview of an integrated approach to cloud risk management, drawing on a range of industry-recognized practices and guidance. In this session, attendees will learn: - The importance of understanding the cloud environment and “what’s changed?” - How to apply proven risk management approaches to the Cloud - How to apply risk management to the “what‘s new” in the Cloud - How to use best practices and frameworks to make life easier

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