7CLOUD COMPUTING IN CYBER-RISK

7.1 INTRODUCTION AND MOTIVATION

CLOUD computing, a relatively new form of computing using services provided through the largest network (Internet), has become a promising and lucrative alternative to traditional in-house IT computing services and provides computing resources (software and hardware) on-demand. All of these resources are connected to the Internet (and through CLOUD) and are provided dynamically to users as requested (see Fig. 7.1). Some companies envision this form of computing as the major type of service that will be demanded extensively in the next several decades. Companies like Apple, Google, IBM, Microsoft, HP, Amazon, and Yahoo among many others have already made investments not only in research but also in establishing CLOUD computing services. CLOUD computing, sometimes ...

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