Governing the Cloud
FOLLOWING THE DOT-COM CRASH and corporate scandals such as Enron, Tyco, and WorldCom, pressures emerged from the government, shareholders, and numerous other stakeholders for companies to increase their financial oversight to reduce opportunity for fraud and to restore confidence in corporate financial reporting. The need for better corporate governance became an issue for all public companies. Because most of the data that drive corporate financial reports originate within data centers, the new era of governance has brought greater visibility and a greater need for controls to IT departments.
This chapter examines corporate and IT governance and the new challenges introduced by cloud migrations. ...