The Macrosite for News, Analysis and Opinion about the Future of the Internet
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Mitch Wagner
Thinkernetter
Friday December 14, 2012 5:28:51 PM
no ratings

Listen to our interview with Mary Beth Borgwing on how to insure data against cloud disruptions.

 

Mitch Wagner
Thinkernetter
Friday December 14, 2012 5:26:42 PM
no ratings

DrT - I don't see insurance as necessarily being mandatory, but I can see public companies being required to have data protection plans in place, including indemnification if everything goes south in a spectacular way.

Mitch Wagner
Thinkernetter
Friday December 14, 2012 5:25:27 PM
no ratings

slfisher - I don't think those events precipitated material loss by companies due to cloud outages. Or am I wrong there?

DrT
IQ Crew
Friday December 14, 2012 8:37:08 AM
no ratings
Agree. All I hope we will not see mandatory insurance coverage for our data, like the ones we have to have for our cars. If things get mandatory it becomes costly and there would not be anything to stop it.
asanka.geek
IQ Crew
Friday December 14, 2012 4:37:41 AM
no ratings

Very true slfisher. It indeed was a good example for all of us and definitely will be a learning thing which might come handy whenever another natural disaster occurs.

kq4ym
IQ Crew
Thursday December 13, 2012 11:16:10 AM
no ratings

Insurance for cloud losses will be a big industry as more folks use the cloud directly and indirectly. Whether state insurance commissioners will be getting involved in this aspect of the "insurance" industry is a question that will have to be answered. Once politics on the state level gets involved things get a bit trickier as interest groups spring up to move legislation and rules in their favor.

It will be interesting to see where cloud insurance moves.

slfisher
Thinkernetter
Wednesday December 12, 2012 11:28:36 PM
no ratings

Haven't we already seen this in 2012, from the East Coast thunderstorm this summer that took out Amazon, from Sandy, or both?

Mitch Wagner
Thinkernetter
Wednesday December 12, 2012 8:24:59 PM
no ratings

My crystal ball says we'll see a company suffer a serious loss in 2013 as a result of cloud failure combined with failure to adequately prevent against risk. 

DrT
IQ Crew
Wednesday December 12, 2012 11:15:50 AM
no ratings
Thanks for sharing this article, Mary. It is very informative. I would think we would expect more assurances around our privacy and security in the cloud, I am sure will hear "Insurance as a service" integrated to services themselves quite often. The risk most likely be distributed across cloud providers, service providers and consumers, so all the will be part of equation for it to work and no free meal for anybody.
Michael P. Kassner
Thinkernetter
Wednesday December 12, 2012 8:48:04 AM
no ratings

You mention: 

"Cloud computing has become normal business practice in 2012."

I would like to know on what you base this? 

 

 



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a moderated blogosphere of internet experts
Mary E. Shacklett
Social media has been with us for a decade -- but employer policies and the law are anything but firm about the most appropriate usage of this powerful tool.
Dan Cypra
Dan Cypra   5/23/2013   18 comments
Businesses often struggle to decide which domain to use. When it comes to purchasing a domain name, you have plenty of extensions to choose from, ranging from .com and .net, to .me, and even .mobi. But which one should you pick?
Matt Heusser
Matt Heusser   5/23/2013   7 comments
I've been writing about how the next evolution of the Internet might just be an advertising revolution, and how corporate IT can stay involved as the enablers and providers of the technologies that make this possible.
David Weldon
David Weldon   5/22/2013   15 comments
In the 1970 science fiction thriller Colossus: The Forbin Project, two giant supercomputers from the United States and Soviet Union secretly join forces to take control of the collective nuclear might of the two countries. In the film, the two machines discover each other's existence, communicate back-and-forth, share their collective data, and cut their human creators out of the process. It is the ultimate example of machine-to-machine communications, or M2M.
IETV: the thinkerNet on film
5
of
Kim Davis
Big-Data Can’t Always Sell Wine

5|21|13   |   2:23   |   4 comments


Whole Foods Global Wine Purchaser Doug Bell told me about some of the constraints on using analytics in the US wine market.
Paul J. Fleuranges
Digital Signage Keeps NYC Subway Straphangers on Track

5|6|13   |   3:51   |   No comments


New York's Metropolitan Transit Authority is conducting a pilot test of digital kiosks to guide subway users to where they want to go more efficiently and at lower cost.
Kim Davis
Fast Forward to the Future

4|23|13   |   2:29   |   20 comments


A look back at tech writing in the 90s makes us wonder where enterprise IT will be 20 years from now.
Mitch Wagner
Google Launches Its Most Depressing Service Yet

4|15|13   |   2:59   |   10 comments


Google's new Inactive Account Manager lets you control how Google disposes of your accounts when you die.
Second Shooter
Argument Over Top-Level Domains Is 'Stupid'

4|11|13   |   2:07   |   3 comments


The whole Amazon.reader debate is a double-stupid. It's stupid to think that there's any e-book buyer who doesn't know Amazon's URL, and it was stupider to let ICANN launch the whole free-form TLD initiative to start with.
Kim Davis
Ladies, Your Tablet Awaits

3|21|13   |   2:22   |   37 comments


ePad Femme is the world’s first tablet “made exclusively for women.”
Wisdom of the Big Chair
NFC Moves Into the Mainstream

3|20|13   |   2:16   |   No comments


While NFC's original goal was to enhance mobile commerce applications, it is finding its way into a number of other uses, which is creating both opportunity as well as challenges for IT departments.
Wisdom of the Big Chair
Integrating Security Into Your Cloud Contract

3|19|13   |   3:35   |   No comments


Enterprises would like to move to cloud computing but are hesitant because they are concerned about providers’ ability to secure company data. Here are some tips that help to ensure that if breaches occur, the business is not left holding the bag.
Brian Baron
How Edmunds.com Collects Customer Information

3|18|13   |   1:15   |   No comments


Edmunds separates customers into segments based on the info it collects on its site and from partners, and uses that to push out custom content, said Brian Baron, director of business analytics for Edmunds.com, at Predictive Analytics Innovation Summit.
Brian Baron
How Edmunds.com Uses Analytics to Customize Site

3|14|13   |   0:47   |   No comments


The automotive website uses propensity modeling to target ads and customer registration forms, said Brian Baron, director of business analytics for Edmunds.com, at Predictive Analytics Innovation Summit.
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Keep Critical Data With a Knowledge Management System
Taimoor Zubair
Fortune 500 companies lose at least
$31.5 billion a year by failing to share knowledge. A Knowledge Management System (KMS) can help companies significantly reduce these costs.

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M2M: Rise of the Machines? Not Yet
David Weldon
In the 1970 science fiction thriller
Colossus: The Forbin Project, two giant supercomputers from the United States and Soviet Union secretly join forces to take control of the collective nuclear might of the two countries. In the film, the two machines discover each other's existence, communicate back-and-forth, share their collective data, and cut their human creators out of the process. It is the ultimate example of machine-to-machine communications, or M2M.

CLICK FOR MORE
M2M: Rise of the Machines? Not Yet
David Weldon
In the 1970 science fiction thriller
Colossus: The Forbin Project, two giant supercomputers from the United States and Soviet Union secretly join forces to take control of the collective nuclear might of the two countries. In the film, the two machines discover each other's existence, communicate back-and-forth, share their collective data, and cut their human creators out of the process. It is the ultimate example of machine-to-machine communications, or M2M.

CLICK FOR MORE