Cloud Migration Journey in Financial Institutions/Banks has been adapting the cloud services and is becoming the first choice due to its scalability, elasticity, cost-saving, reduced overhead, and Pay as you go model. But for financial institutes/Banks, they have more focus on privacy, security, confidentiality, and integrity of customer & financial institution.
Join this session as we discuss:
• Different aspects of Cloud migration throughout its journey while keeping our risks appetite within limits.
• Common threats including data breaches, data loss, DDOS, insider threats, shared responsibility, and risk of insufficient due diligence/care throughout its life.
• Continuous risk management strategy
• Why financial institutes/banks are slow/reluctant in moving their customer/core data to cloud.
• Legal & Regulatory aspects while dealing with cloud and mitigating the associated risks.