August 31, 2010 - When banks use the phrase "cloud computing," the second word often heard is "control," particularly when considering how to manage business continuity for cloud-enabled functions. While many firms have balked at using cloud-based continuity because of concerns over added risk or lost control, early adopters say that with the right diligence, the cloud's a beneficial contingency - particularly if the provider is carefully vetted.
"With cloud-based disaster recovery, you essentially pick up important capabilities at a reduced cost," sayid Bernard Golden, CEO of HyperStratus, a cloud computing consulting firm that details the different cloud options for firms.
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