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Wednesday, October 3 • 3:30pm - 4:30pm
Cloud Risk Management

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Moderator: Mary Beth Borgwing 

Why Cloud Risk Management?

Risk Transfer Solutions and the race to provide them will be the next instantiation of the commerce of Cloud. Cloud has moved from buzz to business critical with Gartner anticipating that spending on Cloud applications will reach $150 billion by 2013.  With Enterprise poised for substantial investment, it is critical for customers, providers and investors to have an informed view of risk, policy, governance, and above all, a strategy for remediation.  Until now, the financial risk of data loss or security intrusion within the Cloud and other cyber environments has been mitigated through the reliance on Service Level Agreements or a contractual indemnity. The first method is fiscally ineffective and the second requires legal remedy.  

The recent relevant regulatory intervention in the United States where the Securities and Exchange Commission (SEC) in 2011 required that all regulated firms should disclose the risk of cyber incidents. Expectations in the market are that this will trigger many firms buying cyber-insurance in order to communicate to the market information that they are properly managing these risks. The new rules also require those regulated by the SEC to evaluate and take into account all available relevant information including prior cyber security incidents and severity and frequency of those incidents. Disclosures under these rules require that the regulated firms include a description of relevant insurance coverage.

 


2012 Keynote & Breakout Sessio...
avatar for Katalin Bartfai-Walcott

Katalin Bartfai-Walcott

IT Architect and Strategic Planner, Intel
Katalin Bartfai-Walcott is an IT Architect and Strategic Planner in Intel’s Cloud Infrastructure Group, where she leads the planning efforts for Intel’s Cloud Computing Datacenter strategy.  Her focus is on technical direction and long term business strategy for server, network and storage products as well as new architectures for scale-out and autonomic server systems in support of Cloud workloads and datacenters. In her past... Read More →
avatar for Mary Beth Borgwing

Mary Beth Borgwing

Managing Director, Standish Risk Management
Mary Beth Borgwing is a finance and technology savvy senior executive with general management, strategy, finance, technology and operations experience in financial services, global insurance, healthcare, manufacturing and small business market segments. She has extensive start-up and turn around experience with a strong track record for problem solving, profit and market share improvement, speedy results and team... Read More →
avatar for Penelope Everall Gordon

Penelope Everall Gordon

Cloud Strategist and Business Architect, 1Plug Corporation
Penelope specializes in adoption strategies for cloud and other emerging technologies and portfolio management of early stage innovation. While with IBM, she led innovation, strategy, and product development efforts for all of IBM’s product and service divisions and helped to design, implement, and manage one of the world’s first public clouds.
avatar for John Howie

John Howie

Chief Operating Officer, Cloud Security Alliance
Chief Operating Officer, Cloud Security Alliance | John Howie is Chief Operating Officer of the Cloud Security Alliance. John has over twenty years of experience working in information and communications technology in a variety of industry sectors including financial, telecommunications, entertainment, education and software manufacturing. Prior to joining the Cloud Security Alliance, John managed the groups responsible for security in the... Read More →
avatar for Virginia “Ginny” Lee

Virginia “Ginny” Lee

Sr. Attorney – Privacy and Security, Intel Corporation
Ginny Lee has worked in the high tech industry for over twenty years. At Intel Corporation, she is responsible for providing legal guidance on privacy and security matters, especially as they relate to “Privacy By Design”. Prior to Intel, Ginny was the Director of Platform and Product Privacy at Yahoo! where she was responsible for the policy direction of Yahoo!’s varied products and platforms. Ginny also ran a boutique law... Read More →


Wednesday October 3, 2012 3:30pm - 4:30pm
Ballroom West