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Cloud outage could cost billions

How to Guide for Cloud Processing and Outsourcing provides EVERYTHING that is needed to select a vendor, enter into an agreement, and manage the relationship.

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Cloud outage could cost billions
Lloyd’s of London stated thata acyber problem that shuts down a top US cloud computing provider for three to six days could trigger a loss to clients of between $5.3 billion and $19 billion in business losses, of which only $1.1 billion to $3.5 billion would be covered by insurance. Public cloud providers have set up many redundant systems in their clouds. Although you could bring down a single datacenter, perhaps even a whole region, you won’t disrupt all the cloud datacenters and regions. Kill one, and the others take over.

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