A Risk Management Framework for Cloud Migration Decision Support

Article

Islam, S., Fenz, Stefan, Weippl, Edgar and Mouratidis, Haralambos 2017. A Risk Management Framework for Cloud Migration Decision Support. Journal of Risk and Financial Management. 10 (2), p. 10. https://doi.org/10.3390/jrfm10020010
AuthorsIslam, S., Fenz, Stefan, Weippl, Edgar and Mouratidis, Haralambos
Abstract

Managing risks is of paramount importance for enabling a widespread adoption ofcloud computing. Users need to understand the risks associated with the process of migrating applications and data, so that appropriate mechanisms can be taken into consideration. However, risk management in cloud computing differs from risk management in a traditional computing environment due to the unique characteristics of the cloud and the users’ dependency on the cloud service provider for risk control. This paper presents a risk management framework to support users with cloud migration decisions. In particular, the framework enables users to identify risks, based on the relative importance of the migration goals and analyzed the risks with a semi quantitative approach. This allows users to make accurate cloud migration decisions, based on specific migration scenarios. Our framework follows basic risk management principles and proposes a novel and structured process and a well-defined method for managing risks and making migration decisions. A practical migration use case about collaborative application such as e-mail and document migration is considered to demonstrate the applicability of our work. The results from the studied context show that risks in cloud computing mainly depend on the specific migration scenario and organization context. A cloud service provider is not alone responsible for mitigating all the risks; hence, depending on the type of risk, the cloud user is also responsible for risk mitigation.

Keywordsrisk management framework; risk assessment; cloud migration; risk assessment security; analytic hierarchy process (AHP); business value
JournalJournal of Risk and Financial Management
Journal citation10 (2), p. 10
ISSN1911-8074
1911-8066
Year2017
PublisherMDPI
Publisher's version
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File Access Level
Anyone
Digital Object Identifier (DOI)https://doi.org/10.3390/jrfm10020010
Web address (URL)https://doi.org/10.3390/jrfm10020010
Publication dates
Print22 Apr 2017
Publication process dates
Deposited01 Jun 2017
Accepted10 Apr 2017
FunderAustrian Science Fund
Copyright holder© 2017, The Author(s)
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