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Put Your Enterprise Financial Data In the Cloud? Sure, Why Not

Posted by samzenpus on from the keeping-it-safe dept.

jfruh writes: For many, the idea of storing sensitive financial and other data in the cloud seems insane, especially considering the regulatory aspects that mandate how that data is protected. But more and more organizations are doing so as cloud providers start presenting offerings that fulfill regulatory needs — and people realize that information is more likely to be accidentally emailed out to the wrong address than hacked.

1 of 91 comments (clear)

  1. What if I told you... by xxxJonBoyxxx · · Score: 3, Interesting

    ...that most "brick and mortar" banks have been outsourcing their "back end" account management (i.e., your money) to "the cloud" for decades? (OK, back in the day, no one called it "the cloud," but it was the same damn concept.)

    What else do you think EDS, FIS, Fiserv, Jack Henry, etc. have been doing all these years?