Morgan Stanley: We deal with "rogue IT" by blocking Amazon, Dropbox and other cloud services

Grazed from Computing.co.uk. Author: Editorial Staff.

Financial services giant Morgan Stanley has dealt with the problem of "rogue IT" - departments contracting their own IT services from cloud computing companies - by restricting access to Amazon Web Services, Microsoft Azure, Dropbox and other big-name providers at the network layer.

The security problem posed by cloud computing services being used or procured under the radar of IT has become endemic - and poses a particular problem to organisations, like banks, that need to operate to a high degree of security. But at a presentation at the World Cloud Forum this week in which Laszlo Kollar, executive director of global cloud at Morgan Stanley, revealed how the bank is - slowly - shifting some services towards an internal cloud, Kollar admitted that the bank simply blocks Amazon, Dropbox and other popular cloud service providers to prevent staff from using them...

Responding to a question from the audience, Laszlo Kollar, executive director of global cloud at Morgan Stanley said: "It's at the network layer. It simply won't come up. So rogue is not a problem [at Morgan Stanley]." The security problems posed by staff increasingly taking IT into their own hands - and departmental heads bypassing IT - has increased in recent years as companies like Dropbox have proliferated...

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