Cloud Risk Resilience: Investigation of Audit Practices and Technology Advances - A Technical Report

Cloud computing has been instrumental in transforming the way we store, access and process data. With mobility being the primary objective of the current market, cloud computing offers exactly that. Cloud offers convenient access to a shared pool of computing resources that can be configured and deployed with minimal effort which is used to deliver computing services over the internet. Exercising these advantages come with a plethora of security risks that need to be addressed. The security issues in cloud are complex due to the nature of implementation and regulations that govern them. In this article, we examine existing research on cloud risk and the various frameworks to manage risk. The objective is to map the risk with the audit control and technology that will help in mitigating the risk. We analysed the various cloud security solutions and came up with a list that best help in the effective management of the cloud risk and security issues.