Cloud Computing Makes Americans Anxious

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Storing files on remote servers whether those files are e-mails or medical records in a bad idea. The security the protects the data may be poor. That risks personal records, financial information, and business files being pirated by hackers for mischievous or criminal purposes.

The hack into Google’s (NASDAQ: GOOG) and later break-ins to government and business website has almost certainly hurt the public’s anxiety about server stored information.

A new poll from Harris shows how much personals security concerns are slowing the adoption of the use of cloud computing compared to traditional methods of keeping records on PC drives.

The Harris poll was conducted online between March 1 and 8 among 2,320 adults.  The most significant results of the survey were:

One of the main issues people have with cloud computing is security. Four in five online Americans (81%) agree that they are concerned about securing the service. Only one-quarter (25%) say they would trust this service for files with personal information, while three in five (62%) would not. Over half (58%) disagree with the concept that files stored online are safer than files stored locally on a hard drive and 57% of online Americans would not trust that their files are safe online.

Almost two-third of those surveyed believed that it would be easier for them to use server-side computing solutions for the flexibility it allows to access files from anywhere that has a PC. But, that hardly matters when what people might do is so different from what they do.

The news is good for Microsoft (NASDAQ: MSFT) and bad for Google (NASDAQ: GOOG). Much of the future of Microsoft’s major product, Windows 7, relies on the need of people and enterprises to use computers are self-contained devices with reasonable digital security. Google’s is one of the world’s leaders in promoting cloud computing for consumers and business. Google GMail and all of its enterprise applications run on remote servers maintained by Google.

And , Google cannot improve the public’s perception of the security of the servers employed in cloud computing when its own servers are broken into by hackers whose identity still has not been discovered.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618