A survey by Infosecurity Europe of 470 organisations has found that 75 per cent intend to reallocate or increase budgets to secure cloud computing and software as a service within the next 12 months.

However, interviews conducted with a panel of 20 chief information Security Officers (CISOs) of large enterprises also found concerns about availability and security aspects of software services in the cloud.

They were especially concerned about the lack of standards for working in the cloud, SAAS and secure internet access, all of them said that they would welcome the development of guidelines in this area.

Tamar Beck, group event director of Infosecurity Europe, said cloud computing and SAAS have a pivotal role to play in today’s evolving environment.

CIOs are being challenged to add value to the business and CISOs required to ensure that new services are reliable and secure.

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