Bank CIO dismisses security, data sovereignty as cloud barriers as ‘Absolute garbage’
November 13, 2012
Grazed from ComputerWorld. Author: Rohan Pearce.
Commonwealth Bank CIO Michael Harte today told participants at a Sydney event organised by Amazon.com’s cloud computing arm, Amazon Web Services (AWS), that data sovereignty and security have been used as unjustified excuses to stop businesses moving to the cloud.
"The favourite [excuses] I used to hear when I talked to the big household names in infrastructure equipment was, ‘It doesn’t look very secure Michael. You can’t do that. And there’s data sovereignty; you’d want to look very, very carefully at that. And this on-demand pricing — no we just can’t do that we’ve got rules saying specifically we can’t."…
Harte condemned the excuses as "absolute garbage". CBA has shifted a dozen on-premise applications to the cloud, Harte told the audience at AWS’s Customer Appreciation Day event. "The operational cost reduction is huge," he said…
Read more from the source @ http://www.computerworld.com.au/article/441854/_absolute_garbage_comm_bank_cio_dismisses_security_data_sovereignty_cloud_barriers/