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A reference model to support risk identification in cloud networks

: Keller, Robert; König, Christian

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Myers, M.D. ; Association for Information Systems -AIS-:
Thirty Fifth International Conference on Information Systems, ICIS 2014. Proceedings. Online resource : Building a Better World through Information Systems; Auckland, New Zealand, December 14-17, 2014
AIS Electronic Library (AISeL), 2014
ISBN: 978-0-615-15788-7
Paper 1, 20 pp.
International Conference on Information Systems (ICIS) <35, 2014, Auckland>
Conference Paper, Electronic Publication
Fraunhofer FIT ()

The rising adoption of cloud computing and increasing interconnections among its actors lead to the emergence of network-like structures and new associated risks. A major obstacle for addressing these risks is the lack of transparency concerning the underlying network structure and the dissemination of risks therein. Existing research does not consider the risk perspective in a cloud network’s context. We address this research gap with the construction of a reference model that can display such networks and therefore supports risk identification. We evaluate the reference model through real-world examples and interviews with industry experts and demonstrate its applicability. The model provides a better understanding of cloud networks and causalities between related risks. These insights can be used to develop appropriate risk management strategies in cloud networks. The reference model sets a basis for future risk quantification approaches as well as for the design of (IT) tools for risk analysis.