The document discusses cloud computing and security issues. It defines cloud computing as dynamically scalable shared resources accessed over a network. Examples are given of companies using cloud computing like Mogulus, Animoto, and the New York Times. Security risks of cloud computing include failures in the provider's security, attacks from other customers, availability issues, legal/regulatory problems, and the challenge of integrating security between the provider and customer. The document advocates using risk management processes to analyze security and considers when cloud computing may improve security for some organizations.