Secure Migration to Cloud Services: Key Security Challenges for Financial Services Firms

Secure Migration to Cloud Services: Key Security Challenges for Financial Services Firms

GreySpark Partners presents a new report examining the drivers behind the increasing adoption of cloud-based services within financial institutions. Since 2010, the cloud computing industry has increased the variety of its offerings for the financial services sector. The security challenges that hindered the take-up of cloud-based service models within banks and buyside firms began to recede starting in 2010 as a combination of the development of cloud-specific standards and a higher degree of financial institution awareness and mitigation of the risks associated with cloud technology. As a result, the appeal of cloud technology solutions, in terms their cost efficiencies and technological and business flexibility, to financial services companies has increased.

https://research.greyspark.com/2016/secure-migration-to-cloud-services/

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