The Age reports on research being conducted at Swineburne University that is attempting to find cost-cutting strategies to assist companies and organisations that store large amounts of information on the cloud. The news comes after Victoria's Privacy Commissioner, Helen Versey, warned last month that the cost of privacy and security issues surrounding the cloud could "outweigh" savings provided by the cloud. According to the report, cloud computing costs to users is rising nearly as fast as the growing use of the cloud. One Swineburne University professor says the "aim is to find the minimum cost depending on how the data is used, how much is stored and how much computing time is needed."
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