Cloud Security , Governance & Risk Management , Next-Generation Technologies & Secure Development

Cloud Computing: Regulatory Security & Privacy Challenges

Cloud Computing: Regulatory Security & Privacy Challenges
Cloud computing is the hot, new practice that offers a scalable, centralized resource for data and applications that can be available to anyone, anywhere.

But as an emerging trend, cloud computing is also fraught with risk - already we've seen organizations whose data has been compromised.

Register for this session to hear the lessons learned about cloud computing from a panel of experts who will discuss:

  • Advantages and disadvantages of storing data or running applications online, as opposed to in-house;

  • Current regulatory trends toward better security and privacy standards - and how they impact cloud computing;

  • Legal, privacy, records management and ethical challenges that have been identified by cloud pioneers -- and strategies to avoid those pitfalls.

Background

Attend any industry event this year, and the term you'll hear most frequently is "Cloud Computing."

But like the old cliché about the weather, one is left to ask: "Everyone is talking about Cloud - but what are they actually doing about it?"

The answer is: More than you might think. Banking institutions for years now have practiced Cloud Computing without using the term, outsourcing core processing to third-party service providers.

Today, with more banking services to offer and more hosting options from vendors, banking institutions have a broad range of Cloud Computing opportunities before them. But they also have significant questions to answer re: scale, security, privacy and true business benefits.

In this session, Matt Speare, veteran technology leader from M&T Bank, will lead our Cloud Computing discussion - setting the stage with a presentation depicting a banking institution's approach to the Cloud. He'll then interact with industry experts, including Jim Reavis of the Cloud Security Alliance, to discuss not just the theory of Cloud - but about the real business benefits that pioneer banking institutions are realizing today.



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