Friday, April 19, 2024
No menu items!
HomeCloud Computing'Spreading the risk' using multicloud

‘Spreading the risk’ using multicloud

Recently the banking industry has faced questions about its use of cloud computing. There is concern that concentrating on a single cloud provider’s resources could leave that bank exposed if the cloud provider has a major outage or for some other reasons goes away. Or more likely, jacks up prices to unacceptable levels or changes to draconian terms.

There is even concern that regulators won’t be able to access information from some public cloud providers, many of which are hosted in other countries. The concentration of compute and storage resources on platforms not owned and operated by the banks could lead to unacceptable risk to bank customers, investors, and other stakeholders. There are many dimensions to these risks.

To read this article in full, please click here

InfoWorld Cloud ComputingRead More



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments