Welcome!

Microservices Expo Authors: Liz McMillan, Elizabeth White, Carmen Gonzalez, Pat Romanski, Yeshim Deniz

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.

@MicroservicesExpo Stories
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited t...
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Gartner is now treating algorithms like they are some kind of innovative addition to the modern digital discussion. Presumably the brilliant minds there have some novel insight into algorithms and, yes, the Algorithm Economy that CIOs should sit up and take notice of. Not only are algorithms nothing new, but much of what Gartner is saying about them is obvious. The bigger picture here is that software continues to improve, and enterprises are becoming increasingly software-driven, in part bec...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 7-9, 2016, at the Javits Center in New York City, New York. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the g...
Korean Broadcasting System (KBS) will feature the upcoming 18th Cloud Expo | @ThingsExpo in a New York news documentary about the "New IT for the Future." The documentary will cover how big companies are transmitting or adopting the new IT for the future and will be filmed on the expo floor between June 7-June 9, 2016, at the Javits Center in New York City, New York. KBS has long been a leader in the development of the broadcasting culture of Korea. As the key public service broadcaster of Korea...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products a...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and 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 ...
SYS-CON Events announced today that Column Technologies will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principal...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.