A recent survey by the Cloud Security Alliance (CSA) and ISACA -- formerly known as the Information Systems Audit and Control Association -- showed many cloud users are not confident in government regulations keeping pace with the market, exit strategies and data privacy. Along with regulatory and security concerns, the survey's participants also indicated that a lack of innovation and growth across cloud computing technology is slowing widespread cloud adoption.
"As a first step, we as an industry must still work to provide a clearer definition of what cloud is and how the many innovative and secure services can help positively impact today's businesses," said J.R. Santos, global research director at CSA.
Questions about the cloud's security and privacy have trailed the concept since its inception, with people worried about the security of the data they store. However, many in the industry say they expect to soon see more secure security applications and techniques -- including a number of encryption practices and security protocols that will not only make the technology more secure, but also show the innovative growth some say is missing in the industry.
"Cloud users recognize the value of this model, but are wrestling with such questions as data ownership, legal issues, contract lock-in, international data privacy and government regulations," said Greg Grocholski, international president of ISACA.
"As cloud services continue to evolve, it is critical that we work together as an industry to provide insights and recommendations on these issues so that service and solution providers can look to innovate and deliver what the cloud services market needs to advance and what enterprises need to succeed," he said.
Bhavesh Bhagat, whose company EnCrisp addresses security issues for cloud users, said concerns are commonplace with any innovation.
"It will take less than a decade for this transformation with the cloud, I predict," Bhagat recently told ISACA. "This certainly poses challenges to us in the security, risk and governance professions, but that should be an impetus for more innovative thinking to provide solutions to our businesses."
The future of cloud computing will be part of The Atlantic's Big Science Summit in San Jose, Calif. on Oct. 30.