bank of england Archives - Cloud Computing News https://www.cloudcomputing-news.net/news/tag/bank-of-england/ IaaS, SaaS, PaaS, Data Security, CIO, Analysis Mon, 10 Jan 2022 12:37:00 +0000 en-GB hourly 1 https://www.cloudcomputing-news.net/wp-content/uploads/sites/2/2020/09/cloud-icon-60x60.png bank of england Archives - Cloud Computing News https://www.cloudcomputing-news.net/news/tag/bank-of-england/ 32 32 Prudential Regulation Authority concerned over banks’ reliance on cloud https://www.cloudcomputing-news.net/news/2022/jan/10/prudential-regulation-authority-concerned-over-banks-reliance-on-cloud/ https://www.cloudcomputing-news.net/news/2022/jan/10/prudential-regulation-authority-concerned-over-banks-reliance-on-cloud/#respond Mon, 10 Jan 2022 12:36:59 +0000 https://cloudcomputing-news.net/?p=97100 The Prudential Regulation Authority (PRA), responsible for regulating UK banks, credit unions, and insurers, plans to increase its scrutiny of major cloud computing providers. Concerns stem from the growing reliance the banking sector has on the Big Three to maintain its systems and the threat an outage or hack could pose. As a result, the... Read more »

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]]> https://www.cloudcomputing-news.net/news/2022/jan/10/prudential-regulation-authority-concerned-over-banks-reliance-on-cloud/feed/ 0 Bank of England warns that banks are overly reliant on cloud https://www.cloudcomputing-news.net/news/2021/jul/16/bank-of-england-warns-that-banks-are-overly-reliant-on-cloud/ https://www.cloudcomputing-news.net/news/2021/jul/16/bank-of-england-warns-that-banks-are-overly-reliant-on-cloud/#respond Fri, 16 Jul 2021 08:18:57 +0000 https://cloudcomputing-news.net/?p=95671 The Bank of England is calling for increased powers to oversee the banking and finance sector’s switch to cloud computing. Its concerns stem from cloud adoption making systems more secretive and concentrating sensitive data in the hands of a select few tech giants like Amazon and Microsoft. The central bank has said it will need... Read more »

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