Welcome!

@CloudExpo Authors: Ed Featherston, Yeshim Deniz, Dalibor Siroky, Liz McMillan, Rostyslav Demush

Related Topics: @CloudExpo, Microservices Expo

@CloudExpo: Blog Post

GRC and the Cloud - Governance, Risk Management & Compliance

Can traditional GRC practices adapt to the cloud computing environment?

As we become more technology dependent, more so in today's "cloud"-driven environment, IT security needs to evolve from the traditional sense of digital security.

We should see the advent and acceptance of a more holistic, flexible and adaptive model of security that focuses more on managing information security, people and processes in a natural evolution from the traditional model of implementation, monitoring and updating.

According to Teubner and Feller [1] "Governance is understood as securing a responsible corporate management, having its roots in value-based management."

With regard to Risk Management, Marshall Krantz said it best:

"Faced with threats from all quarters - recession and credit crunch, heated global competition, continuing Sarbanes-Oxley pressures - companies are making intensive risk management a top priority "[2]

We can also assert that Compliance constraints aim to ensure that an enterprise satisfies all pertinent legal reporting responsibilities and regulatory transparency demands.

With technologies evolving as rapidly as they are, combined with complexities caused by:

  1. The constant drumbeat of global integration

  2. Possibility of vendor conflicts of interest

  3. Increasing demands for transparency

  4. Multinational or country specific regulations

  5. and new organizational threats cropping up faster than measures for mitigation are implemented;

enterprises must take appropriate steps to integrate governance, risk management and compliance as part of their modus operandi. A main source of contention within IT governance, is the use of multiple vendors for IT resources, where the objectives of vendors may not necessarily align with that of an enterprise; this can lead to notable governance issues for an enterprise.

According to a SETLabs briefing [3] "Governance Risk and Compliance (GRC) is fast emerging as the next biggest business requirement that is most likely to ensconce itself in the psyche of enterprises."

The briefing also mentioned the concept of Integrated GRC. The aim of which is to improve collaboration between all identified stakeholder, as well as increase the level of GRC integration. This is turn will improve on legacy siloed GRC systems which has been shown to decrease transparency and agility in governance.

Its objective is directed at increasing market competitiveness, reducing risk and improving compliance.

From this we can gather that the traditionally accepted progression of GRC will also need to adapt and evolve; more so as enterprises engage more services within the sphere of cloud computing - in other words an adaptive approach to GRC.

It is understood that in terms of risk management, IT security etc, the board of directors holds ultimate responsibility when it comes to safeguarding enterprise assets. This does not mean that other individuals are exempt from responsibility, far from it, in fact there should be a top down approach to ownership and accountability when is comes to ensuring the safety of company assets.

Edward Humphreys [4] stated that "security incidents occurs because of flaws , gaps or vulnerabilities somewhere in management framework, chain of policy,direction and implementation."

As technologies evolve and cloud computing becomes more accepted and implemented one can question whether there will be a blurring of responsibilities between the technical and non technical aspects of information security management and by extension GRC.

Von Solms [4] made a statement a few years ago that "a separation between operational and compliance management of information security becomes essential." But will this work in today's environment, or do we need to adapt to evolving technologies that will span outside the traditional realm of GRC and IT Security Management?

My quest for an answer,at least relating to GRC and the cloud computing ecosystem led me to a company called Agiliance and a conversation with their CEO, Joe Fantuzzi about their Risk Vision OpenGRCTM platform. Accordingly, this

platform's foundation supports six integrated applications and over 100,000 controls via standards and regulatory content. It also allows a user the capability to create target reports, import and export files seamlessly,while preserving file structure; has SQL and web services APIs for I/O with any applications, databases, files and systems as well as gives a user access up-to-date laws and regulations with 100,000+ controls and sub-controls.

What caught my attention however was his explanation of their "Cloud Risk Management - RiskVision Cloud Risk Software Services."

This service made allowances for ensuring an accountable implementation of enterprise policy and security assessments within the cloud, as well as, implementing compliance and risk scores with incident management that measure and test enterprise risk, compliance posture, threat levels,vendor risk and policy conformity.

Fantuzzi also spoke about the company's vision for deployment into the cloud and defined their take on Cloud Risk Governance Stages,where he demonstrated their target assessment for both public and private cloud environments in terms of cloud adoption states of readiness, operations and audit.

From an observational viewpoint, its Cloud Risk Operational Monitoring portion appeared to be effectively positioned for application within the cloud ecosystem.

Walking thorough the product, Fantuzzi also demonstrated allowances for seemless functional operations within several virtual environments, with threat/vulnerabilities connectors that were aligned with ongoing technical and vulnerability checks.

One purpose was to ensure continuous compliance checks as well as maintain ongoing monitoring for potential attacks - zero day or otherwise.

He also mentioned an objective of this product is to provide a user with prioritized risk actions and a 360 view of risk posture. Important factors when is comes to ensuring proper governance and management of risk in our compliance driven environments.

I am certain that those of you familiar with NISTs Standards Acceleration to Jumpstart Cloud Adoption of Cloud Computing (SAJAAC), can see this product aligning and growing with SAJAAC as the cloud ecosystem evolves and possible see it as a good utility for both the public and private cloud environments in terms of a cloud step regarding GRC management.

References

[1]Teubner, A. and Feller, T. 2008. Information Technology,Governance and Compliance Wirtschaftsinformatik. 50, 5 (2008), 400-406.

[2] Krantz, M. 2008. Survival in the Age of Risk http://www.cfo.com/article.cfm/11917608/1/c_2984351?f=related

[3] SETLabs Briefings Vol 6 No 3 2008.Pg 39

[4] Edward Humphreys :Information Security Management Standard: Compliance, governance and risk management. Elsevier Information Security Technical Report 13 (2008) 247-255

[5]Information Security Governance - Compliance Management vs operational management - S.H. (Basie) von Solms: Elsevier Computers and Security (2005) 24, 443-447

[6] Joe Fantuzzi CEO Agiliance. www.agiliance.com

More Stories By Jon Shende

Jon RG Shende is an executive with over 18 years of industry experience. He commenced his career, in the medical arena, then moved into the Oil and Gas environment where he was introduced to SCADA and network technologies,also becoming certified in Industrial Pump and Valve repairs. Jon gained global experience over his career working within several verticals to include pharma, medical sales and marketing services as well as within the technology services environment, eventually becoming the youngest VP of an international enterprise. He is a graduate of the University of Oxford, holds a Masters certificate in Business Administration, as well as an MSc in IT Security, specializing in Computer Crime and Forensics with a thesis on security in the Cloud. Jon, well versed with the technology startup and mid sized venture ecosystems, has contributed at the C and Senior Director level for former clients. As an IT Security Executive, Jon has experience with Virtualization,Strategy, Governance,Risk Management, Continuity and Compliance. He was an early adopter of web-services, web-based tools and successfully beta tested a remote assistance and support software for a major telecom. Within the realm of sales, marketing and business development, Jon earned commendations for turnaround strategies within the services and pharma industry. For one pharma contract he was responsibe for bringing low performing districts up to number 1 rankings for consecutive quarters; as well as outperforming quotas from 125% up to 314%. Part of this was achieved by working closely with sales and marketing teams to ensure message and product placement were on point. Professionally he is a Fellow of the BCS Chartered Institute for IT, an HITRUST Certified CSF Practitioner and holds the CITP and CRISC certifications.Jon Shende currently works as a Senior Director for a CSP. A recognised thought Leader, Jon has been invited to speak for the SANs Institute, has spoken at Cloud Expo in New York as well as sat on a panel at Cloud Expo Santa Clara, and has been an Ernst and Young CPE conference speaker. His personal blog is located at http://jonshende.blogspot.com/view/magazine "We are what we repeatedly do. Excellence, therefore, is not an act, but a habit."

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@CloudExpo Stories
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...