Tag: Cloud Computing Services
Father of Alibaba to resume cloud-based activities
In an announcement made on Tuesday, Alibaba Group (9988.HK) revealed that its CEO and chairman, Daniel Zhang, will relinquish his positions to concentrate on...
Outage shows how Amazon’s complex cloud makes backup plans difficult
Major companies using Amazon.com’s data services got a lesson, about how the complexity and market dominance of the company’s cloud unit make it difficult...
Cloud migration demands greater security for banks
Financial gain is the primary driver for most cyber crime. Banks no longer solely exist as physical fortresses. They have also become online services...
BoE says that new rules needed to cover risks from cloud...
New rules will be needed to deal with operational risks from banks relying on outsourced ‘cloud’ computing from Amazon, Google, Microsoft etc., The Bank...
In future of cloud – keeping data safe
Cloud services are inherently scalable, responsive and flexible. This is because the workers are no longer limited to just a select number of pre-determined...
Bank of England to crack down on secretive cloud computing services
The bank of England said that the cloud computing providers to the financial sector can be secretive, and regulators need to act to avoid banks’...
