Explain in your own words the threats and vulnerabilities associated with operating in the cloud
Make sure to reference at least one source, of your choosing, within your initial post to support your thoughts.
Sample Solution
Threats and vulnerabilities associated with operating in the cloud
Companies are rapidly using the cloud to revolutionize their digital transformations. There are several benefits of cloud computing including potential lower cost and faster time to market. However, with the array of benefits that the cloud offers, data security is amongst the key concerns holding back enterprises from adopting cloud solutions. Vulnerabilities and threats associated with cloud include: 1. Consumers have reduced visibility and control. When transitioning assets/operations to the cloud, organizations lose some visibility and control over those assets/operations. 2. Separation among multiple tenants fails. Exploitation of system and software vulnerabilities within a Cloud Service Provider`s infrastructure, platforms, or applications that support multi-tenancy can lead to a failure to maintain separation among tenants. This failure can be used by an attacker to gain access from one organization`s resource to another user`s or organization`s assets or data.
and dedication to its human resource management by investing 20million on training facilities. This was paid off at 1973 when the airline was ranked third in the Far East Asian region. The company then are force to conduct cost cutting program to struggle with surge of oil price on 1973~1977. Surviving this, in 1977 the airlines joint operation with British Airway to provide Concord jet service between Singapore and London, the service was terminated in 1980. This however was deem a marketing success as Singapore Airline were make famous around the globe with this achievement. At the same period, new Changi Airport was constructed, leading to a higher service standard being provided by Singapore Airline. This has paid off and Singapore Airlines were the top preference in Asia-Pacific Region in 1981.
The airline follows a steady internal growth strategy in the 1980s, expanding its size, renewing fleet and adding route. SIA was privatised on 1985, listing on Singapore stock exchange with Temasek Holding owning a 63% initially and gradually reduced to 54% in 2008. During 1990s, the company follows a more aggressive growth pattern, two subsidiaries were form in 1992, Silk Air to close the gap between its route networks and cater to a lower cost market segment, SIA Engineering is form to increase productivity and pursuit better business opportunity. Globalisation in the 1990s have also prompt the airline to expand overseas, invest in other airline company and forming new subsidiary in other country to provide better support on is airlines. The Asia financial crises at the end of 1990s prompt the airline to review its operation cost again, cutting down on not profitable route. [St James Press, 1999]. Against conventional wisdom, the company have utilized its strong financial resources during financial crisis to make capital investment, spending 300million to renovate cabins of its aircraft. This had benefit the airlines as the price level during the crisis is low and the airlines have more bargaining power over its supplier [Scott, 2008].
Till date, Singapore Airlines group of companies provide passenger and ca