Cloud Computing Risks and Associated Financial Institution Strategies for Risk Mitigation

Financial Institutions

September 01, 2012

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A gradual shift in delivery of information technology (IT) services is occurring. Service providers and clients are beginning to take advantage of the many benefits outsourcing services to the Internet (cloud) provides. With the power of virtualization and improved bandwidth availabilities, service providers are now able to offer traditional in-house services such as electronic mail hosting, file storage, encrypted file transfer, and data backup via the cloud.

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