Cloud computing
Term · Insurance and risk management · MLC-T-INS-000801
The delivery of on-demand computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the Internet. This model allows businesses to consume computing resources as a utility, paying only for what they use. It presents unique risk management challenges related to data security, privacy, and regulatory compliance.
| Identifier | MLC-T-INS-000801 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Liability |
Record as JSON
{
"id": "MLC-T-INS-000801",
"term": "Cloud computing",
"field": "Insurance and risk management",
"definition": "The delivery of on-demand computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the Internet. This model allows businesses to consume computing resources as a utility, paying only for what they use. It presents unique risk management challenges related to data security, privacy, and regulatory compliance.",
"subject": "Commercial Liability",
"url": "https://mlchart.com/terminology/insurance/cloud-computing/"
}
Record 592 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.