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Is Your Company Ready for Cloud: Choosing the Best Cloud Adoption Strategy for Your Business by Pamela K. Isom, Kerrie Holley

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6. Mitigating Risk

If you invest in a volatile business, then you are cast as being “risky.” If you apply for a mortgage after a recent bankruptcy, you are considered “high risk.” If you are a “low risk” investor, then you probably prefer bonds over stocks. Most people would agree that risk is “The impact of an event factored with its probability of occurrence” where the impact is either favorable or unfavorable. This chapter focuses on mitigating the occurrence and the business impacts of unfavorable cloud adoption experiences in your company.

Cloud Risk Management and Response Strategies

A small Internet-based retailer named Retail Stores, Inc., is going through a particularly eventful time of year and decides to leverage an Infrastructure-as-a-Service ...

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