A Design Of An Econometric Model For Evaluating The Security In Cloud Computing Environment

ABSTRACT Cloud computing offers an innovative business model for all cloud enterprises to serve IT services with no need to have technical details. The extreme growth of cloud usage increases the probability of threats occurrence, which in turn leads to financial and other losses. So there is a need to use appropriate metrics to assess the failure cost among cloud stakeholders according to their different needs; we propose a measure called “Mean Failure Cost” (MFC) which quantifies the impact of failure (per unit of time) by representing the losses for each stakeholder as a result of possible …