Data security in the cloud – a business imperative
Cloud computing has been transforming financial IT infrastructure into a utility allowing financial institutions (FIs) to access computing resources on-demand letting FIs offload costs and effort of setting-up and managing their own on-premises infrastructure, improving agility and time to business value. As more and more financial institutions rely on hybrid cloud services, data security in the cloud is a business imperative.
Moving financial workloads from an on-premise setup to a public cloud infrastructure introduces a new attack surface with different risks. As the public cloud environment shares its hardware infrastructure, a flaw in the clouds’ isolation mechanisms can be detrimental to the protection of sensitive customer and financial data. The major public cloud environments tackle this by building their security following a defense-in-depth approach. Confidential Computing is an additional layer of security…
