Cloud computing a 'security nightmare,' says Cisco CEO

April 23, 2009 from InfoWorld – “If anyone has the right to be excited about cloud computing, it's John Chambers. But on Wednesday Cisco Systems' Chairman and CEO conceded that the computing industry's move to sell pay-as-you-go computing cycles available as a service on the Internet was also a security nightmare…"

180 View – Cloud Computing sounds interesting in that all you need is an internet connection and you’ve got applications and data at your fingertips. But cloud computing is not ready for prime time. Take a look at Forbe’s article on Cloud Computing published on April 15 at http://www.forbes.com/2009/04/15/cloud-computing-enterprise-technology-cio-network-cloud-computing.html which starts with “"The cloud" has come to represent the bright future of computing, a world where processing and storage become as ubiquitous, cheap and accessible as electricity. But for big business, one researcher argues that "cloud" metaphor may be economically apt: The closer you look at the much-hyped technology's price advantages, the fuzzier they seem.”