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Cloud computing is redefining the on-demand usage of remotely-located, and highly available computing resources to the user. Unfortunately, while the many economic and technological advantages are apparent, the migration of key sector applications to the Cloud has been limited due to a major show-stopper: the paucity of quantifiable metrics to evaluate the tradeoffs (features, problems and the economics) of security. Despite the obvious value of metrics in different scenarios to evaluate such tradeoffs, a formal and standard-based approach for the addressing of security metrics in the Cloud is a much harder and very much an open issue.
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