Capital Connection: Technology Series | March 23, 2011 | ITC Grand Central | Mumbai

Capital Connection: Technology Series | March 23, 2011 | ITC Grand Central | Mumbai

 

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About The Event

Capital Connection: Technology Series | March 23, 2011 |ITC Grand Central | Mumbai

Cloud Computing Security: Security Strategies for Cloud Service Providers and Their Customers

This evening event is part of IBF Media’s Technology Series and brings timely information on the latest trends to senior technology and IT professionals as well as venture investors looking for investment opportunities. The current event will focus on cloud security and the challenges that small and large enterprises face in implementing the cloud in their organizations. This event will provide timely information on security issues when enterprises are implementing the cloud in their organizations.

 Agenda:

 7:00pm-7:30pm Registration & Networking

7:30pm-9:00pm Program Discussion

9:00pm-9:15pm Q&A Session

9:15pm-10:00pm Networking & Dinner

In the last few years, cloud computing has grown from being a promising business concept to one of the fastest growing segments of the IT industry. Now, recession-hit companies are increasingly realising that simply by tapping into the cloud they can gain fast access to best-of-breed business applications or drastically boost their infrastructure resources, all at negligible cost. But as more and more information on individuals and companies is placed in the cloud, concerns are beginning to grow about just how safe an environment it is. In this discussion the speakers evaluate the following with regard to cloud security:

1. Every breached security system was once thought infallible

2. Understanding the risks of cloud computing

3. How cloud hosting companies have approached security

4. Local law and jurisdiction where data is held

5. Best practice for companies in the cloud

6. What are some of the best ways of securing information in the cloud and how can customers and technology companies implement these in their cloud offering to protect the client’s data.

Virtualization and cloud computing haven't eroded the online security of most companies, analysts say. But they may be contributing to situations in which IT-service customers leave themselves vulnerable to attack because they assume their cloud provider is taking care of security. "Security and cloud hosting are two separate things, but the cost of entry is so low, and often so simple, that customers may not do as much due diligence as they should to find out who's responsible for security," says Ezra Gottheil, an analyst who covers server issues for Technology Business Research. Placement of responsibility for security in cloud computing arrangements is so ill-defined that Gartner felt it was necessary to list access to information about how a cloud service works and a service level agreement spelling out customer expectations and requirements in a report released recently. In March, research from the Cloud Security Alliance listed customer ignorance of security practices—and service providers' refusal to give information to relieve it—among the seven top security risks in cloud computing. According to the Cloud Security Alliance's research, cloud projects and the risks they entail may be "complicated by the fact that cloud deployments are driven by anticipated benefits, [and] by groups who may lose track of the security ramifications." The nature of the cloud computing business means many customers or potential customers have no idea how exposed they really are when they put a website or other corporate application on someone else's hardware, says Josh Corman, analyst for The 451 Group. Most cloud and website hosting customers assume their provider is responsible for keeping their site safe even though that's not always the case.

This event presents and discusses one of the key challenges of cloud computing, which is securing a company’s valuable information. One of the fundamental issues facing CIO and technology professionals today is if they deploy the cloud how do they a secure their applications and information. The panel will be composed of luminaries from the technology industry, successful venture investors from the Indian venture capital world as well as IT professionals from companies in India that are facing the security challenges head on and competing in this space to win customers.

List of Speakers

[TBD]

Target Audience:

IT professionals, CIOs, CTOs, senior and mid-level managers of technology and technology services organizations, venture and technology investors, professionals from IT outsourcing firms and system integrators, and practice leaders in IT services firms.

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