Ian Farquhar outlines key considerations for CFOs regarding security of SaaS and private cloud environments. For SaaS and public cloud, it is important to thoroughly read contracts, conduct cost-benefit analyses, plan for contingencies like provider termination, and verify security claims while maintaining healthy skepticism. For private cloud, best practices from traditional IT still apply while some security aspects are improved, but the main focus areas are operational issues around administration, licensing, change control and data management.
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