Security in the cloud is an issue of paramount importance to companies. Cloud computing is one of the biggest trends in eBusiness since the invention of the internet. But security has lagged behind the other aspects of cloud management.
In the attached (referenced) article published in ISACA Now, Antonio Ramos, CEO of Leet Security puts forward an argument for the implementation of security ratings for cloud service providers. Such ratings would be similar to credit ratings used in the financial world. He points out, correctly I think, that although credit ratings suffered credibility during the financial crisis, generally they have served the financial and investment world quite well. he argues that security ratings could serve a similar purpose for the cloud.
An idea worth thinking about. Check out his article here.