Chiang Ku Fan

Work place: Shih Chien University, Taipei, Taiwan

E-mail: chiangkufan@hotmail.com

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Biography

Dr. Chiang Ku Fan is Professor in the Department of Risk Management and Insurance at Shih Chien University. His research focuses on bancassurance, insurance, risk management, MCDM, efficiency analysis, and human resources management in insurance industry. He has published over 20 journal articles in the Journal of Grey system, the Service Industry Journal, Direct Marketing: An International Journal, Journal of Testing and Evaluation, Journal of Information and Optimization Sciences and International Journal of Training Development.

Author Articles
Risk Management Strategies for the Use of Cloud Computing

By Chiang Ku Fan Chen-Mei Fan Chiang Tong Liang Kao

DOI: https://doi.org/10.5815/ijcnis.2012.12.05, Pub. Date: 8 Nov. 2012

Cloud computing may lead to both cost-efficiency and flexibility, but it also inevitably triggers a certain degree of loss exposure. Unfortunately, there is little objective, scientific research focused on identifying and evaluating the loss exposure that results from cloud computing. In this study, a modified Delphi method and the analytic network process were employed to identify and evaluate risks of cloud computing. This research finds all solutions for "contract or agreements", "cross-cloud compatibility" and "social engineering" can only reduce the risks of recurrence (risk frequency) but not eliminate recurrences. In other words, risk is inevitable, but risks with severe consequences may be heavy burdens. Purchasing insurance, if possible, is also strongly recommended.

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