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David Canellos

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Top Stories by David Canellos

Last month, the Information Security Forum released their annual prediction of the top 10 information security threats they foresee for the next two years - through 2016. While I found the entire list insightful, half of the list resonated strongly with me as someone who is working with large enterprises as they wrestle with security and compliance challenges as they embark on cloud adoption. I believe this group of five predictions is particularly relevant for anyone utilizing the cloud over the next two years and I've added a few of my own thoughts on each. 1. Service Providers Become a Key Vulnerability I find this first prediction especially valid and timely because of some recent headlines. Service providers, given the nature of their business, are a prime "aggregation" for all types of sensitive/valuable data. Cyber criminals and hackers realize this, which pu... (more)

Reconciling Big Data & Data Residency in the Cloud

I recently blogged about “big data” and the value that big data analytics can bring to companies using this type of business intelligence to garner insights and develop competitive advantages. Numerous industry experts have highlighted ways that the cloud is actually enabling a transformation toward data mining, pattern recognition, and predictive analytics to enhance executive decision-making. For example, Booz|Allen|Hamilton’s December 2011 report, Massive Data Analytics and the Cloud, asserts that data cloud-based intelligence analysis will have an unprecedented, long-lasting,... (more)

Hybrid Cloud Solutions Offer Enhanced Cloud Protection & Data Security

By David Canellos PerspecSys President and CEO Despite widespread concerns about cloud data security and control, there's been a lot of recent news on the healthcare industry's steady, but cautious foray into cloud computing. In early July, research firm MarketsandMarkets issued a report stating that the healthcare cloud computing market will grow from $1.7 billion in 2011 to $5.4 billion by 2017, an encouraging 20.5% compounded annual growth rate. However, the report points to some key restraints, such as patient data security and cloud compliance that could slow down the marke... (more)

Cloud Computing in China

By David Canellos PerspecSys President and CEO Driven by large-scale government initiatives as well as private investment, cloud computing has become a hot growth area in China. Named a ‘Strategic Emerging Industry' in the government's 12th Five Year Plan (2011 - 2015), cloud computing is slated to become a primary force in the Chinese IT industry and overall economy in the next 3-5 years. In fact, according to IDC Asia-Pacific, China spent $286 million on cloud-computing infrastructure last year, and the amount will increase to more than $1 billion in 2016. The Asia Cloud Compu... (more)

ICO Guidance Highlights the Need for UK Data Control

By David Canellos PerspecSys President and CEO The UK Information Commissioner's Office (ICO) recently published a useful and informative report on cloud computing that provides key guidance for companies using or considering cloud services in the UK. The guidelines intend to help organizations comply with the 1998 Data Protection Act (DPA), and they offer welcome assistance for private and public enterprises struggling to avoid stiff non-compliance penalties from the watchdog agency. The ICO emphasizes that cloud customers are responsible for ensuring data protection, whether th... (more)