Click here to close now.

Welcome!

Industrial IoT Authors: Pat Romanski, Elizabeth White, Liz McMillan, Carmen Gonzalez, AppDynamics Blog

Related Topics: @CloudExpo, Industrial IoT, Microservices Expo, Containers Expo Blog, Agile Computing, Cloud Security, SDN Journal

@CloudExpo: Article

How Cloud Security Balances Risk Versus Reward

Moving beyond the concept of security as a cost center

I spend a great deal of my day thinking about security. How it affects the enterprise; how to best position and protect assets. How it shapes risk management and how it delivers potential benefits through smoother operations, enhanced trust and loss prevention.

At its core, security is about risk versus reward. It’s no great secret that many executives look at security as a cost center. Compounded by the requirements of compliance, the expansion of technology, and the nature of the modern enterprise, no one doubts the need to secure the enterprise…but to what degree? Securing your IT environment is not free, but there are best practices and technology options designed to mitigate costs while still providing a strong, manageable and proactive defense. While many companies still would rather spend capital on commodity assets, many CIOs recognize that information security is an important business driver. Many more still are looking to the cloud for security solutions to further reduce resource reliance.

In the end, it is a question each company must answer on its own. I can talk until I am blue in the face about the bogeymen of hacking, slipshod employees opening suspect emails, the exposure of a company’s most precious data, but the needs of the company—how it interacts with customers, the access it provides third parties, employee productivity processes, compliance requirements and all the other moving parts of an active organization--must create and prioritize the roadmap based on understood vulnerabilities and available resources.

However, therein lies the problem…understood vulnerabilities. This decision is based on assumptions, resource limitations and previous experience. But security issues are a moving target...it's more about knowing what you don't know. Obviously a bank or medical management facility is at more risk than a local dog grooming company, but that doesn’t mean it is any less vulnerable. In fact, the modest company might be at greater risk because even a small breach of customer data can devastate a company. A large company may be able to absorb (although painful) the fines, lawsuits and the loss of proprietary assets, but the impact on a small or mid-sized company is magnified. The damage to the trust factor alone could put them out of business.

This is not meant to be some sort of scare tactic, but the reality of doing business in the 21st century means every company must take some level of action to protect itself beyond filtering emails. However understanding investments in CapEx, resource and personnel expenditures, hardware and software management, this might be untenable for every company. This is where the CIO earns his keep. How much time and capital is necessary to invest versus the real threats to the network/assets (is a barking dog enough to chase away robbers, or do you need bolt locks, motion sensors, round-the-clock-sentries, gun turrets, etc…)

This is why cloud security (security managed from the cloud) provides the necessary balance in the risk versus reward quotient. Not only does it support a unified platform (PaaS or REACT), but eliminates many of the costs that throw the equation out of balance. A smaller company no longer has to decide to invest in virus sweepers OR access management, identity credentialing OR intrusion detection. A larger organization can reallocate important resources towards key revenue drivers and core competencies. A unified/centralized approach from the cloud provides all the capabilities with no additional capital expenditures. In the fact that it centralizes all the activity under a centralized pane of glass not only makes an organization response ready, but also automates a great deal of what compliance regulators are demanding.

What about the risk? Are organizations exposing or ceding control of their data in order to save a few bucks? Is a Pandora’s Box opening because functionality and reporting is virtualized? Of course not. Yet, with all business initiatives, there are risks. However, by applying such best practices as 24/7/365 monitoring, event correlation across multiple silos, and fostering interactive communication between functions closes the vulnerability gap significantly. But to harness all those capabilities a company would need to invest in SIEM, Access Management, Log Management, IDM and other security solutions. Before the cloud, this combined initiative was only an option available to Fortune 500 enterprises. Even applying some cloud-based tools, each of the referenced solutions typically works in parallel. What is needed is the ability to centralize and have each of the solutions leverage one another.

Now cloud security solutions and applications are two different animals when it comes to the all important data ownership and information liability. Security manages the data wherever it is stored-cloud or some locked server room in the basement of a fortified campus. It is the fence, not the animals held within. If there is a break in the fence, or the rancher hires irresponsible cowboys, then the herd is at risk. But if the foreman is vigilant about riding the perimeter and managing his employees, then there should be as many cows in the barn as there were the day before.

This is not to say data is unassailable every time the sales guy accesses the product demo site to present to a prospect via online third party collaboration software, but if the tools are in place, properly automated and integrated and the policies (access rules, credentialing, web authorization, monitoring etc…) are sound, risk goes down and reward goes up.

On Wall Street there is a “measurement” called the Sharpe Index. Essentially it characterizes how well the return of an asset compensates the investor for the risk taken. Part of the complex equation analyzes the variables to get to a positive return. Applied to finance the axiom typically means the greater the risk, the greater the return. When applied to security, and more pointedly, cloud-based security, the variables line up so that there doesn’t have to be a high trade off of risk and return Considering the lower investment, the faster deployment, the reduction of personnel and computing resources against an expanded enterprise toolset, improved capabilities, continuous and centralized alerts, security-as-a-service support and enhanced visibility across the organization, the path to realize rewards and ROI point to the cloud.

Bottom line, cloud-based security functionality is as trustworthy, as powerful and as comprehensive as any on-premise deployment. Because it is infinitely more affordable, flexible and manageable, it allows you to increase the layers of security around your enterprise for a fraction of the hard and soft costs. It allows you to concentrate on priorities, policies and core competencies to ensure your perimeters are safe and the cattle can always come in from the fields. Each company is unique in terms of its needs and security comfort level and its concept in determining risk versus reward. Yet biggest risk, in terms of security, is standing still.

More Stories By Kevin Nikkhoo

With more than 32 years of experience in information technology, and an extensive and successful entrepreneurial background, Kevin Nikkhoo is the CEO of the dynamic security-as-a-service startup Cloud Access. CloudAccess is at the forefront of the latest evolution of IT asset protection--the cloud.

Kevin holds a Bachelor of Science in Computer Engineering from McGill University, Master of Computer Engineering at California State University, Los Angeles, and an MBA from the University of Southern California with emphasis in entrepreneurial studies.

@ThingsExpo Stories
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare to be blown away with a glimpse of the future.
Connected things, systems and people can provide information to other things, systems and people and initiate actions for each other that result in new service possibilities. By taking a look at the impact of Internet of Things when it transitions to a highly connected services marketplace we can understand how connecting the right “things” and leveraging the right partners can provide enormous impact to your business’ growth and success. In her general session at @ThingsExpo, Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, discussed how this exciting emergence of layers of...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Among the proven benefits, DevOps is corr...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
SYS-CON Events announced today that kintone has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. kintone promotes cloud-based workgroup productivity, transparency and profitability with a seamless collaboration space, build your own business application (BYOA) platform, and workflow automation system.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud environment, and we must architect and code accordingly. At the very least, you'll have no problem fillin...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and high availability solutions, leveraging the cloud and the benefits of Infrastructure-as-a-Service (IaaS...
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
SYS-CON Events announced today that Intelligent Systems Services will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Established in 1994, Intelligent Systems Services Inc. is located near Washington, DC, with representatives and partners nationwide. ISS’s well-established track record is based on the continuous pursuit of excellence in designing, implementing and supporting nationwide clients’ mission-critical systems. ISS has completed many successful projects in Healthcare, Commercial, Manu...
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer’s modular architecture, full-featured API, and sophisticated automation pro...
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are rapidly redefining traditional integration approaches and their reliance on proprietary connectors. ...