The economics of trust: who can you believe?

Cloud or on-premise? When it comes to security there's an element of trust. Where do you draw the line? When it comes to the compelling reasons for cloud adoption the bottom line is, well, the bottom line. The value proposition presented by migrating data and services to the cloud is pretty clear cut for most enterprises, and there can be little doubt that it's this economic driver that has been at the forefront of the cloudy revolution. Although the economics of the cloud are compelling indeed, I'm not really that interested in the cost savings it presents; my brief revolves around the potential cost overheads of getting the security side of things wrong. That doesn't mean that the economics of the cloud hold no sway with me, rather that I tend to think of 'cloudonomics' in a very different way to most industry commentators. You see, as far as I am concerned, it's the economics of trust within the cloud business model that is really fascinating.