Financial Firms Cloud Security Practices Maturing: Report
Grazed from TheWhir. Author: Chris Burton.
Financial services firms are aggressively using encryption and tokenization to maintain data security while adopting cloud computing, according to a new report from CipherCloud. The report shows that financial companies are employ a rapidly maturing approach to cloud, with almost every one storing personally identifiable information (PII) in the cloud.
CipherCloud surveyed employees of over 50 global banking and financial services firms from North America, Europe, Asia Pacific and Latin America, asking them about strategies used to protect personally identifiable information in the cloud. The results inform the company’s Q2 2015 Global Cloud Data Security Report…

