Assignment 3: Identify 15 research references

MASTER OF SCIENCE IN MANAGEMENT AND SYSTEMS

Research Process and Methodology

MASY GC- 1260

MEMORANDUM

TO: Dr. Andres Fortino

FROM: Student Exemplar

DATE: Fall 2019

RE: Assignment 3 – Fifteen References

References

1. Alemu, M., & Omer, A. (2014). Cloud Computing Conceptual Security Framework for Banking Industry. Journal of Emerging Trends in Computing and Information Sciences, 5(12), 921-930.

Cloud computing is a prospering technology that most financial organizations are considering for adoption as a cost effective strategy for managing Information Technology (IT). However, financial organizations such as banks still consider the technology to be associated with many business risks that are not yet resolved. Such issues include security, privacy, legal, compliance and regulatory risks. Due to lack of professionals and adequate security frameworks in the area, the issue is getting scaled up to become a severe problem …

This research paper states using cloud computing manages unsolved security and privacy problems in bank and finance institute. Though legal operation of cloud computing, bank system can come up with bank cloud model using to build up the new security framework. The reason why I want to choose this literature information is that bank security is one part of the important bank system, there are data information related to framework of bank safe system that I need to write in my article.

2. Bassett, C., Schellnack-Kelly, I. (2018). Risks Associated with Cloud Computing in Pursuit of Effective Records Management. ESARBICA Journal, 37, 89–110.

Using literature review, this article examines the risks associated with cloud computing and how cloud computing could be considered when implementing effective records management in the public sector. The discussion in this article has been facilitated by an extensive literature review related to cloud computing, records management and technology concerning governance and accountability. The article also discusses the risks that public entities need to bear in mind when considering cloud computing as a solution to …

This literature examines the risk of cloud computing using in database collection. It provides public sector with cloud computing providers how to improve and solve the risk issue when they processed. The solution is likely to efficiently track and record cloud computing performance and save the issue case in computing management system. This part of information should use to for my cloud computing risk controlling structure and discussion of bank financial management improving.

3. Brender, N., & Markov, I. (2013). Risk perception and risk management in cloud computing: Results from a case study of Swiss companies. International journal of information management, 33(5), 726-733.

In today's economic turmoil, the pay-per-use pricing model of cloud computing, its flexibility and scalability and the potential for better security and availability levels are alluring to both SMEs and large enterprises. However, cloud computing is fraught with security risks which need to be carefully evaluated before any engagement in this area. This article elaborates on the most important risks inherent to the cloud such as information security, regulatory compliance, data location, investigative support, provider lock-in and disaster recovery. We …

In this article, it decreases that cloud has some important risks in current usage such as information security, recording database location and recovery system. One of the samples is Swiss bank company which used cloud computing to manage customer information prove information technology having risk when database is processing by the system in 2013. In my article, I would like to use this research resource as opposite supporting ideas to discover cloud computing disadvantage in my purpose statement.

4. Bose, R., Robert) Luo, Xin, & Liu, Y. (2013). The Roles of Security and Trust: Comparing Cloud Computing and Banking. Procedia - Social and Behavioral Sciences, 73, 30–34.

The evolution of information technology (IT)–related to Web, servers and data–and their capabilities have brought cloud computing to the forefront. While cloud computing in recent years has energized the information systems professional community, it has now embarked on information systems research arena as a prevalent topic for integrated information and systems. Organizations of all sizes are keen on understanding this intriguing yet potentially risky IT artifact as they see it to be a game changer in terms of the way their current and …

According to this article, it clarifies information technology of cloud computing has certain security and privacy problems that need to be improved. Especially, banks use of cloud computing must have absolutely safe in the financial management system operation. There are some information resources such as cloud computing trust should be used into my bank risk improvement.

5. Chang, V. (2018). An overview, examples, and impacts offered by Emerging Services and Analytics in Cloud Computing virtual reality. Neural Computing & Applications, 29(5), 1243–1256.

This paper presents a high-level overview of Emerging Services and Analytics in Cloud Computing virtual reality including the rationale, technologies involved, selected examples, and contributions. Examples in health care, business, climate change, and natural disaster have been demonstrated to support Emerging Services and Analytics by virtual reality, which can allow scientists to understand the complexity behind science and process thousands of data within seconds. Not only scientists with deep knowledge but also the …

This paper comes up with overview of cloud computing information such that cloud computing was used in business evaluation, financial risks and climate change by virtual calculation. It primarily explains how cloud computing works for different areas to monitor operation works, improve company effective performance and data analysis of investment development in mortgage bank security. This information relates to my paper discussion with bank’s financial project improvement by cloud computing usage.

6. Daramola, O., Olajide, F., Adewumi, A. O., & Ayo, C. K. (2014). An experimental validation of public cloud mobile banking. Research Journal of Applied Sciences, Engineering and Technology, 7(24), 5304-5314.

Currently, financial institutions incur huge expenditure to implement and maintain mobile banking (m-Banking) solutions and this cost is bound to rise significantly, as more customers subscribe to m-Banking services. Cloud computing has potential to facilitate reduced cost, high scalability and a variable cost structure that could guarantee cheaper, reliable and sustainable m-Banking in the long term. While the adoption of organizational private clouds seems natural for banks because of the sensitive nature of banking transactions, some have …

The article states that financial institutions apply cloud computing to control huge cost of application and maintenance in mobile bank. With technology developing, mobile bank is acceptable to customers. Platform as a service (PasS) is one of three types of public cloud computing service to work for mobile bank application model, it proves closed connection between online mobile bank and cloud computing. Thus, I think this article information could be as my PasS example in the introduction paragraph.

7. Hon, W. K., & Millard, C. (2018). Banking in the cloud: Part 2 – regulation of cloud as ‘outsourcing.’ Computer Law & Security Review: The International Journal of Technology Law and Practice, 34(2), 337–357.

This paper looks at EU banks' use of public cloud computing services. It is based primarily on anonymised interviews with banks, cloud providers, advisers, and financial services regulators. The findings are presented in three parts. Part 1 explored the extent to which banks operating in the EU, including global banks, use public cloud computing services. Part 2 of this paper covers the main legal and regulatory issues that may affect banks' use of cloud services. It sets out how EU banking regulators have approached banks' use of cloud …

This article claims that how public cloud computing service improves European banks efficiency of anonymous survey for some financial advisors and financial security agency. According to the context, the resource that European banks have operated cloud computing service to relate working areas and confronted legal cloud services’ problems in bank could be used into my research paper.

8. Huang, Z. Q., Zhang, J. L., & Zhou, H. Z. (2011). Preliminary discussion on the applications of cloud computing in the bank system. In Applied Mechanics and Materials (Vol. 50, pp. 273-277). Trans Tech Publications.

Article Preview Article Preview Article Preview Cloud computing with its powerful feature has been used preliminary in some commercial areas in the world, cloud computing also is used in IT industry, and it is a new revolution in IT industry. Cloud computing is of great concerned for its characteristics of the security and reliability of data mass storages and the low requirement on the customer premise equipment, especially in the financial industry. This paper describes the basic concept, characteristics and development status of cloud …

This part of book research paper introduces a basic concept of cloud computing development. It primarily focuses on cloud computing application in bank management system, using lots of customer’s database to analyze what consumers are paying for now, that banks improve and create new products or money management service for customers in order to increase cash flow. This thesis should be related to bank cloud computing works in my research paper.

9. Lin, A., & Chen, N.-C. (2012). Cloud computing as an innovation: Percepetion, attitude, and adoption. International Journal of Information Management, 32(6), 533–540.

Cloud computing is a current trend that reveals the next-generation application architecture and it is estimated that by 2013 the cloud market will have reached $8.1 bn. While cloud services such as webmail, Flickr and YouTube have been widely used by individuals for some time, it not until relatively recently that organisations have began to use cloud services as a tool for meeting their IT needs. This study aims to investigate how cloud computing is understood by IT professionals and the concerns that IT professionals have in regard to the …

This scholarly article mainly researched the understanding work effect of cloud computing from information technology employees. Even though many employees think cloud computing performance can successfully save time and cost for the company's application, top IT managers or professionals still have many concentrations about adaptation problems of cloud computing service due to new information technology using. Relating to my research paper, these ideas and professional points can connect with my last paragraph or hypothesis improvement.

10. Martens, B., & Teuteberg, F. (2011). Risk and compliance management for cloud computing services: Designing a reference model. Risk, 8, 5-2011.

More and more companies are making use of Cloud Computing Services in order to reduce costs and to increase the flexibility of their IT infrastructures. Currently, the focus is shifting towards problems of risk and compliance which include as well the realm of Cloud Computing security. For instance, since the storage locations of data may shift or remain unknown to the user, the problem of the applicable jurisdiction arises and impede the adoption and management of Cloud Computing Services. Therefore, companies need new …

In this research statement, it displays that company of cloud computing has been growing trend recent management system. In order to decrease the costs and increase flexibility of information technology, the company providers create more cloud computing service to audit and review whether checking information are related to practical requirements. By practical requirement investigation, the resource information can be used in my bank audit system and analyzed to service choices in cloud computing.

11. Nagaty, K. (2015). A framework for secure online bank system based on hybrid cloud architecture. Journal of Electronic Banking Systems, 1, 13.

In this paper, we present a hybrid cloud architecture which combines public cloud, private cloud computing and cryptography to minimize the bank's operational costs, maximizing the flexibility, scalability, availability and reliability of the services provided by the bank and guarantees the privacy, confidentiality and safety of the client's record. A smart card which contains a secret key is produced for each client upon creating a new account. A smart card which contains a pair of public/private keys is produced for each bank. A smart card which …

In this research paper, it mainly claims that hybrid cloud as a new framework improves bank services in flexibility, reliability and scalability. In order to ensure customer privacy in the bank system, this hybrid cloud architecture can provide the smart card that records customer information into database system, and make one other secret key for bank computing engineer to easy check. The source of hybrid cloud framework I consider to connect to my literature review part as one of basic examples proves bank security in the risk management system.

12. Rieger, P., Gewald, H., & Schumacher, B. (2013). Cloud-computing in banking influential factors, benefits and risks from a decision maker's perspective.

Opladen: Westdeutscher Verlag. 9. Gaulke, Markus 2004. Risikomanagement in IT-Projekten. 2. Aufl. München: Oldenbourg. 10. Gröh, Andreas, Gewald, Heiko & Stuska, Torsten (2012). Next Generation Outsourcing – A Research Agenda Guided By Practice. PACIS 2012 Proceedings. Paper 119. 11. Hoog, Benjamin 2005. Rahmenbedingungen der logistischen Leistungserstellung. München: GRIN Verlag … AMCIS 2011 Proceedings - All Submissions. Paper 255. 22. Oliveira, Tiago & Martins, Maria Fraga (2011). Literature Review of Information Technology Adoption …

The article claims German banks applied cloud computing usage to obtain interest and risk. The result is that cloud computing application can evaluate perceived interest in financial accounting better than traditional bank information technology system. It got the result by interviews ten times for German banks senior decision makers. According to my research paper supporting ideas, I think this comparison of results which can be used to banks IT introduction paragraph to connect with context of bank cloud using now.

13. Tsai, J. M., & Hung, S. W. (2014). A novel model of technology diffusion: System dynamics perspective for cloud computing. Journal of Engineering and Technology Management, 33, 47-62.

The diffusion of cloud computing is going to create a pervasive impact on the global economy and on society. This study proposes a two-stage diffusion model of cloud computing to strengthen the objectivity of system dynamics in numeric prediction. The results indicate that the main factors affecting the diffusion of cloud computing are service quality, the degree of maturity of infrastructure, price, the degree of technological maturity, etc. This paper also proposes a prediction about the diffusion of cloud computing in the coming …

This research journal discusses the range of using cloud computing affects global economy and advanced society. It states two types of stage models to prove that the main factors leading to cloud computing expedition soon are related to service quality increasing, technological maturity and infrastructure improvement. The article author also provides ideas which cloud computing development affects the future economy. Therefore, these supporting ideas I would like to use in my final paragraph of bank economic evaluation in the future.

14. Wakunuma K, Masika R. Cloud computing, capabilities and intercultural ethics: Implications for Africa. Telecommunications Policy. 2017

This paper evaluates the potential benefits, drawbacks and ethical risks of cloud computing for African countries in the context of information communication technologies for development (ICT4D). The paper argues that the capability approach, incorporating development ethics, provides a useful framework for considering the ethics of cloud computing in Africa. Coupled with global and intercultural ethics perspectives, both provide a rich human-centred view of the technology's benefits, drawbacks and ethical risks …

In this article statement, it related to how cloud computing to increase profits for providers or industry and how cloud computing works efficiently in the system processing. The advantages and disadvantages of cloud computing service are written in my introduction part. Some of risk control points which I think could be used as basic information in bank financial risk management.

15. Zhu, F., Li, H., & Lu, J. (2012, May). A service level agreement framework of cloud computing based on the cloud bank model. In 2012 IEEE International Conference on Computer Science and Automation Engineering (CSAE) (Vol. 1, pp. 255-259). IEEE.

The Cloud Bank model, which is derived from Grid bank [1], is a kind of commerce model of cloud computing that provides pay-as-you-go computing resources. In this model, Cloud Bank is an agent platform of resource transaction. Cloud computing uses the concept of service level agreement (SLA) to control the use and receipt of computing resources from, and by, Cloud Bank. As computing resources are provided in the form of services, Quality of Service (QoS) mechanisms are introduced to solve any quality of service problems. This …

This literature explains a new innovative bank business model based on cloud computing. Cloud bank as one product of cloud computing mainly provide a macro thesis to build up structure of cloud bank market. The working process is that the bank can transmit the database from cloud storage to make intelligent analysis, banks can provide customers more direct guidance to manage their money investment. According to these cloud bank information, information data from cloud bank model can be used in my bank’s use of cloud computing.