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The pace of digitization has increased the need for embracing the cloud for nimble management of scalable operations.
68% of IT practitioners say they are using the cloud to store most of their data.
A financial service provider has to choose the right data protection technology to un-lock the perceived data-capital for business growth and operational advantage. Most challenges today can be overcome by taking a well defined approach to defining privacy requirements and translating them to security controls.
Nevertheless, cloud practices can embrace the latest advancements in security that can securely store, move, back up data on the cloud. One should look out for these aspects in the data as well as security solutions -
Various models of Key management and Encryption, for cloud services, have evolved in the recent past including -
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
21 July
Sam Boboev Founder at Fintech Wrap Up
20 July
Dmytro Spilka Director and Founder at Solvid, Coinprompter
17 July
John Adam Chief Revenue Officer at Aimprosoft
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