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Cloud Usage in the Financial Services Sector
Cloud Usage in the Financial Services Sector

Cloud Usage in the Financial Services Sector

Release Date: 02/21/2020

This survey analyzes the level of adoption of cloud solutions and requirements from financial institutions’ perspectives. The study analyzed the cloud usage of financial institutions across three main areas of interest: security concerns, regulatory requirements, and governance aspects.
This survey was created and completed by members of the Financial Services Stakeholders Platform, a CSA working group whose main objective is to identify and share the challenges, risks and best practices for the development, deployment and management of secure cloud services in the financial services industry.
Related Research | Working Group

Key Takeaways:
  • Current cloud usage
  • Key cloud concerns and challenges
  • Technical controls: key management
  • Risk management: policy, assessment & talent risk
  • Threat monitoring
  • Cloud sourcing
  • Backout plans
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Acknowledgements

Brian D. Becker Headshot Missing
Brian D. Becker

Brian D. Becker

John Yeoh
John Yeoh
Global Vice President of Research, CSA

John Yeoh

Global Vice President of Research, CSA

With over 15 years of experience in research and technology, John excels at executive-level leadership, relationship management, and strategy development. He is a published author, technologist, and researcher with areas of expertise in cybersecurity, cloud computing, information security, and next generation technology (IoT, Big Data, SecaaS, Quantum). John specializes in risk management, third party assessment, GRC, data protection, incid...

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Damir Savanovic
Damir Savanovic

Damir Savanovic

Damir Savanovic (M) is an Associate Director - Cloud Controls Lead at Willis Towers Watson, leading a team of subject matter experts to address compliance and control requirements for multiple compliance frameworks within information and cybersecurity for a global financial institution.

As a security evangelist and subject matter expert in the areas of security governance, risk and compliance, data protection with over...

Read more

Craig Balding
Craig Balding

Craig Balding

I help enable organisations to safely operate and transact online in the face of dynamic and adaptive threats. After 20 years of attacking and defending top tier firms I founded Resilient Security to provide cyber risk and security advisory, consulting and services.

Read more

Brandon Galbraith Headshot Missing
Brandon Galbraith

Brandon Galbraith

Jim De Haas
Jim De Haas
Cloud Security Expert

Jim De Haas

Cloud Security Expert

Seasoned security professional with a demonstrated history of working on critical, complex and highly available banking applications. A technology enthusiast, who enjoys collaborating with cross-functional teams. A strong communicator who can evangelize security across the organisation. Specialised in Cloud Security (Both AWS and Azure), IT Security, training DevOps engineers in security topics and making security understandable to non-secu...

Read more

Micheal Kroupa Headshot Missing
Micheal Kroupa

Micheal Kroupa

Denny Prvu Headshot Missing
Denny Prvu

Denny Prvu

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