[IMGCAP(1)]Accountants and auditors are often hesitant to talk to their colleagues in IT about cloud technologies, typically because of perceived security concerns, contractual issues, but in reality IT executives have largely warmed up to the cloud and its strategic value. However, even the leading IT Departments are still often slow to approve and implement these technologies.

Why is this the case? Is there a fundamental lack of understanding with regard to how cloud technology works? Have negative experiences in the past, such as loss of data or security breaches, led IT departments to stay within the comfort zone of generic, internally managed solutions?

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