Location: Grand Ballroom F
Thursday, April 4, 2013, 3:45 PM-4:30 PM
Cloud computing has unprecedented potential to enable transformed business models resulting in a market actively seeking improved interoperability, portability and total any device awareness and connectedness. Meanwhile, these new forms of business and computing are faced with trust issues stemming from concerns over security capability and transparency inadequacies. Furthermore, there are significant variances in external legal and regulatory obligations and risk appetite, from one sector to the next or even from within the same corporate enterprise. With this paradigm shift of the industry's consumption of IT and increased dependencies on outsourced application development and hosting of sensitive data, their is a new found belief that achieving trust in the cloud is tied directly to identifying more innovative, yet standardized methods for managing risk. In this session, PwC will discuss the new initiatives underway led by the Cloud Security Alliance (CSA), in collaboration with international standards development organizations (e.g., ISO/IEC) along with the AICPA, to establish new forms of assurance and reporting with the mission of helping to build out a disparately desired trusted cloud ecosystem.