59% of survey respondents from a 2008 from a CIO research report on cloud computing say vendors have not adequately addressed security concerns related to on-demand offerings. Yet 47% say they’re already using it or actively researching it. IDC predicts that spending on IT cloud services will hit $42 billion by 2012 and that it is THE next disruptive wave in IT. My biggest concerns with cloud computing and security are about the data: Where/how is data stored? How are apps certified for compliance? Who’s responsible for a data breach?”]
Source: https://www.csoonline.com/article/2135992/cloud-computing-and-security.html