- Are cloud computing offerings the core business of your chosen cloud providers?
- Is cloud a financially viable business for the cloud provider?
- Does the cloud provider have a strong technical vision, ability to deliver and proven expertise?
- How does the cloud service provider maintain a compliant position if using 3rd party staff? What contractual arrangements are in place that enables compliance to be asserted or validated?
- Are data centers and operational function locations appropriately secured?
- What are the plans for Continuity of Business and Disaster Recover? Do major outages impact a client? What capacity remains available in the event of an outage and how can it be reserved and accessible?
- Track record and availability statistics for service offerings?
- References from existing clients within regulated industries
- Unambiguously documented roles and responsibilities (especially for availability, monitoring, incident management, security, and privacy)
- Reporting capabilities for availability, usage and financial metrics
- Ability to assure infrastructure, storage, and staffing location
- Compliance with published regulatory standards
- How should consideration of the above change when buying higher value offerings such as PaaS and SaaS?
- Does the cloud provider understand how to sell and service enterprise clients?
- Does the cloud provider encourage a one-size fits all approach? - likely this does not work for regulated industries?
- Can the cloud provider support hybrid on-prem/off-prem deployment models with a supporting ecosystem of connectivity, consistency, and interoperability?
- Is pricing competitive?
- Is the cloud provider profitable and sustainable?
John Duigenan, a Global Client Technical Leader at IBM, discusses topics about regulatory computing platforms. Financial services firms need to address and comply with hundreds of thousands of regulations. In his role at IBM, John works with financial services firms across regulatory computing domains and systems. John blogs within the standards outlined in IBM's Social Computing Guidelines.
Sunday, November 6, 2016
Consider These Themes Before Selecting a Cloud Provider for Your Regulated Workloads
Might I suggest you consider the following important points as you select a cloud provider...
*** Vic Winkler's book, "Securing the Cloud: Computer Security Techniques and Tactics", inspired me in creating this list.
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