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16 Sep

Regulators treat cloud as outsourcing risk, miss systemic risks technologies pose

  • 16th September 2020
  • Rachel Wolcott

Regulators treating financial services cloud technology as a single-bank outsourcing problem are failing to address the systemic risks it and other new technologies pose, such as a multi-firm catastrophic data loss. Regulators should examine what risks cloud use poses to their own organisations as well. “We’re moving toward a world where the largest or most Read More