Reinventing the Wheel: Due Diligence Takes on Greater Importance in the Cloud

Nathan Boylan, Lord Abbett

As MacKay Shields' license with a vendor was expiring, IT head Anthony Vigilante figured it would be a good opportunity to upgrade to the vendor's software-as-a-service (SaaS) solution. The teams hopped on a conference call to hammer out some of the parameters. After a few questions, Vigilante asked about data security. The call got suddenly quiet. Right then, he knew that MacKay Shields would not be switching to SaaS, and its data would be staying safely tucked behind its own four walls.

For as

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