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Chapter 6 The Cloud
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QUeStionS 6-17. Do you agree with the view put forth in question 6-16?
Explain why or why not and place your answer in the
6-14. In your own words, summarize the approaches to reg-
ulation of the financial services industry in the run- context of how financial services organizations can
up to the ‘Big Bang’ and the global financial crash, use the Cloud services securely.
and explain why for most financial services organiza- 6-18. If you were a consultant to global financial services
tions, the Cloud offers the best future IT infrastructure industry organizations, how would advise them about
solution. the extent of their involvement in the FCA’s Cloud- based
6-15. In your own words, explain how a Cloud-based solu- virtual ‘sandbox’ project?
tion will reduce risks to consumers who use products 6-19. If you were a consultant to a global financial services
of financial services organizations post the global fi- company, what else might you do to build their confi-
nancial crash. dence in the Cloud- based virtual sandbox?
6-16. Clearly, in the view of the FCA, a virtual, Cloud- based 6-20. Explain how the knowledge you have gained so far in
sandbox holds the promise of minimizing the risks of this course helps you to understand the FCA’s ‘sand-
financial services and products offered to consumers box’ Cloud system proposal.
globally. Justify this view.

MyMISLab ™

Go to the Assignments section of your MyLab to complete these writing exercises.
6-21. Suppose that you work at Falcon Security and Joni tells you that she doesn’t
believe that cheap, elastic provisioning of data storage is possible. “There has
to be a catch somewhere,” she says. Write a one-page memo to her explaining
how the cloud works. In your memo, include the role of standards for cloud
processing.

6-22. Suppose you manage a sales department that uses the SaaS product Salesforce.
com. One of your key salespeople refuses to put his data into that system.
“I just don’t believe that the competition can’t steal my data, and I’m not taking
that risk.” How do you respond to him?