The number one reason some financial services firms don’t adopt cloud

June 11, 2015


When it comes to putting applications and sensitive customer data in public clouds, a highly-regulated such as financial services has every reason to look before it leaps.

In a survey released in March 2015 by the Cloud Security Alliance (CSA), the report’s authors cite two results as evidence of “added comfort and assurance” in cloud deployments and “maturity” in confidence in the cloud. One result is that less than one-fifth (18%) of financial firms still defining their do not plan on using public clouds. The other result is that 70% of survey respondents have shifted from hybrid clouds to more public cloud services.

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