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

Bureau of Meteorology's VMware bill more than doubles

Bureau of Meteorology's VMware bill more than doubles

AEC tasks Accenture with $30m election donation system

AEC tasks Accenture with $30m election donation system

Amazon axes 16,000 jobs as it pushes AI and efficiency

Amazon axes 16,000 jobs as it pushes AI and efficiency

AI to streamline ATO contact centre operations

AI to streamline ATO contact centre operations

Log In

  |  Forgot your password?