Bank of England to crack down on 'secretive' cloud computing services

By
Follow google news

Concentration of compute could threaten financial stability.

Bank of England to crack down on 'secretive' cloud computing services
Cloud computing providers to the financial sector can be "secretive", and regulators need to act to avoid banks' reliance on a handful of outside firms becoming a threat to financial stability, the Bank of England said. Banks and other financial firms are outsourcing key services ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Defence to consume air-gapped Google Cloud services

Defence to consume air-gapped Google Cloud services

Goodman Group strikes $14bn data centre deal

Goodman Group strikes $14bn data centre deal

Microsoft had three staff at Australian data centre campus when Azure went out

Microsoft had three staff at Australian data centre campus when Azure went out

CBA wants agents to initiate application modernisation

CBA wants agents to initiate application modernisation

Log In

  |  Forgot your password?