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Finding a Framework for Hybrid Cloud Risk Management

Transformation Infrastructure

By pwsadmin | September 26, 2020

Hybrid IT enables a composable infrastructure which describes a framework whose physical compute, storage, and network fabric resources are treated as services. Resources are logically pooled so that administrators need to physically configure hardware to support a specific software application, which describes the function of a composable architecture. This type of transformative infrastructure is foundational…

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By pwsadmin | September 25, 2020

A survey of 2,000 executives conducted by Cognizant in 2016 identified the top five ways digital transformations generate value:      Accelerating speed to market      Strengthening competitive positioning      Boosting revenue growth      Raising employee productivity      Expanding the ability to acquire, engage, and retain customers   Digital transformation is also a cultural change. Cloud Computing as Digital Transformation Since cloud…

Embrace Transformation

By pwsadmin | September 22, 2020

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By pwsadmin | July 25, 2020

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By pwsadmin | July 25, 2020

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By pwsadmin | March 6, 2020

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SourceConnecte! Marketplace With A Mission

By pwsadmin | March 6, 2020

Earlier this year, GC GlobalNet launched a new breed of B2B e-commerce sites. Curated by Kevin L. Jackson, SourceConnecte (with an “e”) went live with three strategic goals in mind: Efficiently leverage modern social media technologies to facilitate value-based interactions between enterprise buyers and vetted suppliers; Establish a protected interactive environment capable of supporting high-value B2B e-commerce negotiations…

Potential vs. Reality: Is Edge Computing Real?

By pwsadmin | January 19, 2020

Edge computing provides compute, storage, and networking resources close to devices generating traffic. Its benefits are based on an ability to provide new services capable of meeting stringent operational requirements by minimizing both data latency and the need for bandwidth. Based on Google trend data, searches for the term has also grown substantially over the…

Enabling Digital Transformation

By pwsadmin | December 22, 2019

Digital transformation integrates technology into all areas of an organization’s business or mission. Its fundamental purpose is to create and deliver innovative and industry-changing products and services to a global customer base. This outcome requires the seamless two-way flow of data and information between internal business processes and external processes that interact with customers, business…

The ThinkShield Story Part 1: The Challenge

By G C Network | October 24, 2019

The cybersecurity challenge seems to be growing daily. Threats are becoming more sophisticated, and attacks are becoming more destructive while the corporate world’s response seems to resemble a deer in headlights. Recent examples of this dangerous state of affairs include[1]: A data breach of a US Customs and Border Protection surveillance contractor that led to…

 (Sponsored by IBM. Originally published on Point B and Beyond)

Hybrid cloud is rapidly becoming essential to today’s information technology processes. This is why hybrid cloud risk management has become the keystone to many modern corporate strategies. To effectively manage this shift, leading enterprises are reorganizing how the business side of IT is accomplished. When this reality is coupled with the rising cost of poor cybersecurity, decisions often rise to the board level.

Threats that challenge cloud-based information systems can have adverse effects on organizational operations, organizational assets, employees and partners. Malicious entities can exploit both known and unknown vulnerabilities, compromising the confidentiality, integrity or availability of the corporate information being processed, stored or transmitted by those systems. In this environment, risk management must be viewed as a holistic activity that is fully integrated into every aspect of the business.

Establishing Standards for Hybrid Cloud Risk Management

The National Institute of Standards and Technology (NIST) offers a very good model for hybrid cloud risk management that groups activities into three categories based on the level at which they address the risk-related concerns. It divides activities and concerns into:

  • The organization level (tier 1);
  • The mission and business process level (tier 2); and
  • The information system level (tier 3).

Addressing these activities in reverse order, the NIST Risk Management Framework (RMF) provides a disciplined and structured process for integrating tier 3 enterprise information security with risk management activities. Since mission or business processes govern tier 2, those details generally lie outside the scope of general treatment. Tier 1 organizational level aspects are, however, at the heart of the organizational restructuring needed to deal with risk management within today’s hybrid IT environments.

One effective approach for addressing the tier 1 aspects of a cloud ecosystem is through the use of a hybrid IT operating model construct. This distributes tactical and operational risk management activities across a front, middle and back office. Generally referred to as a cloud service brokerage, organizational risk management activities are managed through:

  • A front office that accommodates IT service choice, automated provisioning and quick service delivery;
  • A middle office that holds responsibility for decisions that involve business operations and new IT service brokerage functions; and
  • A back office that integrates orders with service provider fulfillment, thus addressing IT supply chain risk management activities in order to ensure the continuous delivery of solutions from the organization’s cloud ecosystem.

More About Cloud Service Brokerage

The IT service brokerage function addressed here is in no way similar to the real estate or financial service broker function with which many are familiar. Far more than the single transaction service of these other broker types, IT service broker functions sit between the back office (operations) and the front office (user experience).

From that position, it is responsible for new IT business operations skills such as sourcing, procurement, packaging and billing. This continuous and ongoing function defines and executes board guidance with regard to the organization’s technology sourcing strategies. It also supports the creation of solution architectures that maximize the value of the multisourced hybrid IT investments while meeting business needs.

Cyberattacks are a threat to businesses everywhere. Executives, board members and IT professionals must strategically organize to address hybrid cloud risk management. While the RMF and business-specific risk management processes are excellent options for tier 3 and tier 2 issues, a front-middle-back office organizational construct can be used to effectively manage tier 1 and the operational risk of the hybrid IT ecosystem.

Cloud Musings

( Thank you. If you enjoyed this article, get free updates by email or RSS – © Copyright Kevin L. Jackson 2015)

Follow me at https://Twitter.com/Kevin_Jackson
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