The iCloud hack can't kill cloud computing

Sports Illustrated Swimsuit edition cover model Kate Upton poses at the magazine's launch party in New York, Tuesday, Feb. 14, 2012.(Diane Bondareff/AP)


I'll leave the more prurient aspects of the Jennifer Lawrence and Kate Upton photo-hacking scandal to others but there are plenty of potential investment implications arising from the news, notably for cloud computing stocks.


The network security issues publicized by the misappropriation of celebrity photos are by far the biggest factor slowing the widespread corporate adoption of cloud computing. Industry group Cloud Security Alliance lists data breaches as the number one threat to the sector in a 2013 report, The Notorious Nine: Cloud Computing Top Threats.


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