Have You Gauged The Cost Of A Cloud Outage?

New findings from a study by Veritas Technologies, indicate that 60 percent of respondents have not fully evaluated the cost of a cloud outage to their business and are therefore ill prepared to deal with the impact of an outage.

While cloud service providers offer infrastructure-based service level objectives, the research indicates that many organisations fail to understand their own responsibility, in addition to that of the cloud service providers’, in ensuring that their critical business applications are adequately protected in the event of an outage.

Understanding Cloud Outages

The study surveyed 1,200 global business and IT decision makers. It revealed that 99 percent of IT decision makers reported that their organizations will move systems to the cloud in the next 12 to 24 months. 27 percent also expect to outsource all on-premises infrastructure to the public cloud.

While migration to the cloud continues to accelerate, it is imperative that customers understand how an outage could impact their business. 36 percent of respondents expect less than 15 minutes of downtime per month but the reality is that 31 percent have experienced downtime more than double that per month (31 minutes or more).

Who is responsible in the event of a cloud outage?

59 percent of respondents believe that dealing with cloud service interruptions is the primary responsibility of the cloud service provider.

Eighty-three percent of respondents also believe that their organisation’s cloud service provider is responsible for ensuring that their workloads and data in the cloud are protected against outages.

While cloud service providers have service level agreements in place, these are typically for the infrastructure layer and they hold the responsibility for restoring their infrastructure in the event of a cloud outage.

However, there are other key considerations customers should keep in mind that go beyond the actual infrastructure-level outage, such as bringing their applications back online, once the infrastructure is back online.

Depending on the complexity of application inter-dependencies during restart and the amount of data lost during the outage, the actual time of application recovery may be far longer than the time of infrastructure recovery.

An organisation may alternately decide to be more proactive and failover applications back to their on-premises data center or to another cloud. This would be the primary responsibility of the organisation, not the cloud service provider.

“Organisations are clearly lacking in understanding the anatomy of a cloud outage and that recovery is a joint responsibility between the cloud service provider and the business,” said Mike Palmer, executive vice president and chief product officer, Veritas.

“Immediate recovery from a cloud outage is absolutely within an organisation’s control and responsibility to perform if they take a proactive stance to application uptime in the cloud. Getting this right means less downtime, financial impact, loss of customers’ trust and damage to brand reputation.”

Maximizing the benefits of the cloud while minimising the risks

Not knowing the full extent of how a cloud outage could potentially impact business is a risk very few organisations can afford to take. But, the risks can be severely mitigated with the right business resiliency strategies in place to reap the benefits of embracing a multi-cloud world.

“At Veritas, we fully embrace a multi-cloud approach and partner with many leading cloud service providers to help customers easily migrate applications and data to, from and in-between clouds, all while offering maximum business uptime,” said Palmer.

“We work with the cloud service providers and our customers to help ensure that they are protected in the event of a cloud outage so they can keep their businesses flourishing.”

HelpNetSecurity:

You Might Also Read:

Five Steps To Keeping Your Cloud GDPR Compliant:

 

 

« Cybersecurity Incidents Are Major Business Disruptions
Self-driving Uber Vehicle Strikes & Kills »

CyberSecurity Jobsite
Check Point

Directory of Suppliers

Clayden Law

Clayden Law

Clayden Law advise global businesses that buy and sell technology products and services. We are experts in information technology, data privacy and cybersecurity law.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

NordLayer

NordLayer

NordLayer is an adaptive network access security solution for modern businesses — from the world’s most trusted cybersecurity brand, Nord Security. 

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

Talend

Talend

Talend is a leader in cloud and big data integration software. Applications include Risk and Compliance management.

Center for Identity - University of Texas at Austin

Center for Identity - University of Texas at Austin

The mission of the Center is to deliver the highest-quality discoveries, applications, education, and outreach for excellence in identity management, privacy, and security.

ATIA

ATIA

ATIA provides consulting services in the design and implementation of IT system, Information Security, ISO certification, and professional IT training and education.

Synectics Solutions

Synectics Solutions

Synectics deliver solutions for reducing risk, combating financial crime, and enabling organisations to meet their compliance and regulatory commitments.

Corrata

Corrata

Corrata is an award-winning provider of mobile security and data control solutions for enterprises.

Nakivo

Nakivo

NAKIVO is dedicated to delivering the ultimate backup, ransomware protection and disaster recovery solution for virtual, physical, cloud and SaaS environments.

Innovasec

Innovasec

Innovasec provide information security consulting and training services.

Gallarus Industry Solutions

Gallarus Industry Solutions

Gallarus leads innovation within industrial Manufacturing, Production and Management Systems, including Cyber Security solutions specifically developed to protect against the latest cyber criminality.

SynerLeap

SynerLeap

SynerLeap is ABB's innovation growth hub. Our aim is to help startups accelerate and expand across industries, ranging from industrial automation and robotics to grid technologies and smart cities.

InfoSec Conferences

InfoSec Conferences

InfoSec Conferences is an online directory of infosec conferences. We list every single Information Security conference, event and seminar within every niche in Cybersecurity.

Dataprise

Dataprise

Dataprise is a leading IT managed services provider offering IT Management and Help Desk Support Services, Cloud Services, Information Security Solution, IT Strategy and Consulting.

TempoCap

TempoCap

TempoCap is a European growth-stage technology fund with offices in London and Berlin. We invest across a variety of high- growth sectors including cybersecurity.

DESCERT

DESCERT

DESCERT offers you an extended IT, cyber security, risk advisory & compliance audit team which provides strategic guidance, engineering and audit services.

Piiano

Piiano

Piiano offers developer-friendly privacy and security products. Reduce risk and protect your data by using our specialized security and privacy SaaS tools.

Hack-X Security

Hack-X Security

Hack-X Security provide IT risk assessment and Digital Security Services. We are a trusted standard for businesses that must protect their data from cyber-attacks.

SecondSight

SecondSight

SecondSight’s Vertical AI embodies a full-spectrum approach to cyber insurance, facilitating accurate digital risk profiling.