Recent economic pressures have resulted in increased requirements for the availability, scalability and efficiency of enterprise IT solutions. Many parties claim that “cloud computing” can help enterprises meet the increased requirements of lower TCO, higher ROI, increased efficiency, dynamic provisioning and utility-like services. However, many IT professionals are citing the increased risks associated with trusting information assets to the cloud as something that must be clearly understood and managed by relevant stakeholders. This presentation examines the potential business benefits, risks and assurance considerations.

1. Cloud Computing – Benefits and Risks President, ISACA China Hong Kong Michael Yung

2. Evolution – Mainframe Computer Page 

3. Evolution – Mini Computer, PCs and Internet Page 

4. Evolution - Cloud Computing Page 

5. Next 25 Minutes Page  Pain Points Benefits Risks

6. Infrastructure Cost and Service Delivery Page  Pain Points

7. Pain Points Page  Keep It Running vs. Implement New Things

8. Pain Points Page  We Are Too Slow

9. Pain Points Page  Right Sizing

10. Pain Points Page 

11. Cloud Computing Page  Benefits

12. Cloud Computing Market Page  Estimation by IBM, 2009 84% Saving on H/W, labour, power

13. IT and Business Benefits Page  Highly abstracted H/W, S/W resources for pooling Near instant scalability, provisioning ‘ Service On demand’ A ‘Pay as you go’ billing system 1 2 3 4

14. Business Benefits Page  We are finally in sync with business

15. Cloud Computing Page  What Are the Risks ?

16. Applicability for Cloud Computing Page  Source: Federal Reserve System, USA System Type Scalability Availability Security Cloud Type Information site Medium Medium Low Public /Hybrid External Collaboration Medium Medium Medium Public /Hybrid Public research / survey Low Medium Medium Public /Hybrid Internal R&D Low Low Medium Public /Hybrid Disaster Recovery Medium Medium Medium Public /Hybrid Application Test and QA Low Medium Medium Private Application Development Low Medium Medium Private Production Applications High High Medium No Mission Critical Applications High High High No

19. Cloud Computing Page  Addressing the Risks

21. Assurance Considerations Page  Must demonstrate existence of effective and robust security controls Must prove that privacy controls are in place and able to prevent, detect and react to breaches Independent assurance from third-party audits and service auditor reports Ensure the compliance of various countries' laws, but at the same time able to access your own data when needed Transparency Certification Privacy Compliance

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24. Questions ? Page  www.isaca.org www.isaca.org.hk [email_address] [email_address]

25. End of Presentation Page 