Security experts ponder the cost of cloud computing

Although cloud computing could “fundamentally destroy” IT security practices and lead to an era of closed, proprietary computing it would also likely harden most networks against attacks, prominent US cryptographer Whitfield Diffie told a Gold Coast gathering of security professionals today.

“At worst [cloud computing] will fundamentally destroy the current security paradigm – but on the other hand it’s going to substantially improve the average level of security of ordinary shleps who didnt pay any attention to the matter,” Diffie told about 1000 delegates to this year’s AusCERT trade show and conference.

“Look forward a little bit and I’m not thoroughly pleased at what is happening in the world, but I’m firmly convinced that cloud computing will become very widespread.”

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