Recall from Chapter 3 how cloud computing generally requires leasing IT resources, depending on a third party to store data, or depending on a third party to provide services. Work in a small group with classmates to consider the security risks associated with cloud computing. Why are IT managers concerned about protecting cloud-based information assets? What is the IT industry response to concerns about cloud computing? What is the Cloud Security Alliance? Consider the class registration application at your university. Does your group consider this a mission critical application? Why or why not? Prepare a 5-minute presentation of your discussion that includes a recommendation for or against using cloud computing for critical applications at your university.