Cloud Computing is one of the major trends in the IT industry. However, before companies rush to the Cloud, they should think about a few requirements they have to have. There are architectural concepts to be put in place, processes have to be ready etc. What are the right questions to ask before you start reducing cost in order not to reduce security? How does Cloud computing impact a government’s risk exposure if key companies rush to the Cloud. There are often no definitive answers to those questions but the presentation shall give some food for thoughts.