Why banks like cloud storing solutions? Simple, it's cheap..no matter the risks that come with it. Some of the risks include: * no sure way to know where data is really stored * common to breach compliance regulations as data can and might be stored in non-compliant regions * delegating most of the cyber security responsibility to cloud vendor, vendor can read ALL your data * no way to delete data that once has been stored online in the vendors data centers (cloud) * true segmentation is very difficult to impossible to achieve online
Why banks like cloud storing solutions?
Simple, it's cheap..no matter the risks that come with it.
Some of the risks include:
* no sure way to know where data is really stored
* common to breach compliance regulations as data can and might be stored in non-compliant regions
* delegating most of the cyber security responsibility to cloud vendor, vendor can read ALL your data
* no way to delete data that once has been stored online in the vendors data centers (cloud)
* true segmentation is very difficult to impossible to achieve online