Trust Based Approach and Risk Management for IT Systems in Cloud Service Selection
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Trust Based Approach and Risk Management for IT Systems in Cloud Service Selection Sreejith Gopalakrishnan1 · P. Alli1
© Springer Science+Business Media, LLC, part of Springer Nature 2020
Abstract Cloud computing, which is amidst the new approaching fields of computers. There is a boom of this technology at present which can be easily seen as every organization outsource for most resources. As everyday life is known as, ranging from business applications to commercial functions, from students to professionals, the Cloud is giving uncountable advantages to users. Organizations often have concerns about the migration and utilization of cloud computing due to the loss of control over their outsourced resources, and cloud computing is vulnerable to risks. As per financial aspects, persons move to the cloud area because of their works, but security and privacy for data remain to be questionable. Hiding information related to trade and business bargains is utmost important as it might give a substantial profit or loss as the critical information may go too wrong hands. This paper focuses on the risk management frameworks for cloud computing and to the comparison between them to determine the strengths and weakness of each techniques. The proposed system deployed trust evaluation model in different conditions to reduce the complex evaluation procedures, while a substantial improvement recorded with the consideration of risk assessment. Keywords Cloud environment · Trust framework · Business generic handler · Trust manager · Parameter estimator · Service level agreement (SLA)
1 Introduction In the technology business decision making has recently eliminated a handful of Onpremise solutions as infrastructure [1], the change has a significant impact on decision strategies and IT/OT budgeting, they call ’Let’s choose the Secure Cloud Ecosystem’ [2]. In that context, the paper not only depicts the adoption strategies of different services of Cloud in a quite number of business domains but risk handling and suitable * Sreejith Gopalakrishnan [email protected] P. Alli [email protected] 1
Department of Computer Science, Velammal College of Engineering and Technology, Madurai, India
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techniques for prevention which leads to the value creations in service agreements for the providers and utilizing that into the future business creations for the existing user communities. The Pay-per-use solutions never be a new initiative while conceiving the service scenarios globally (Electricity usage and metering systems as an example), however the past decade technology expanse with a new business initiative ’Cloud Security Services’ in a tremendous scale as a new entity [3]. Many organizations have been migrated to the services, and a few have birthed as cloud companies. The cloud adoptions have a growth rate of 51% as Year-Over-Year though considering the average statistics in the last 10 years. This large market capitalization of the cloud nurture has emerged se
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