eBay, Fujitsu, and Verizon establish Big Data working group with Cloud Security Alliance

The Cloud Security Alliance (CSA), a group centered on developing best practices for ensuring cloud computing security, announced Thursday it teamed with Fujitsu Labs (OTC: FJTSY), eBay (Nasdaq: EBAY) and Verizon Business (NYSE: VZ) to form a working group that will develop methods to tackle Big Data security issues.

Joining group chairman Sreeranga Rajan of Fujitsu Laboratories of America are Neel Sundaresan of eBay and Wilco Van Ginkel of Verizon.

Given the complexity of managing big data streams that range from everything from Internet traffic to sensor networks, the group will focus on developing "scalable techniques" to tackle data-centric security and privacy issues.

Rajan said that "Everyday 2.5 quintillion bytes of data are being created resulting in a myriad number of data security and cloud-computing security concerns."

By creating these techniques, the group will be able to accomplish four main goals: crystallize best practices for big data security and privacy; establish liaisons with other organizations in order to coordinate the development of big data security and privacy standards; and accelerate the adoption of novel research aimed to address security and privacy issues.

Specifically, the group will look to provide research and guides on six specific themes: Big Data-scale Crypto, Cloud Infrastructure, Data Analytics for Security, Framework and Taxonomy, Policy and Governance, and Privacy.

Providing security practices for cloud, in particular, will be beneficial for both service providers and the vertical markets that they serve. Service providers that offer cloud and data center services will be to have additional security frameworks they can use to address their customer's concerns as they offload various IT functions to them.

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