Cloud Security

US mobile banking adoption on the rise as range of services grows

December 1, 2012 - Mobile banking is on the rise in the US, now used by a third of consumers as financial institutions broaden the range of services that they offer, according to Javelin Strategy & Research.

Cloud Security

US regulators warn on outsourced cloud risks

July 11, 2012 - US financial services regulators have warned banks that they need to put in more robust controls if they plan to use third party cloud services.

Cloud Security

GAO: Progress Made in IT Reform but Future Cloud Computing Efforts Should be Better Planned

July 11, 2012 - The GAO found the selected federal agencies have made progress implementing the Office of Management and Budget's (OMB) "Cloud First" policy. Consistent with this policy, each of the seven agencies incorporated cloud computing requirements into their policies and processes. For example, one agency had incorporated a review of its information technology (IT) investment portfolio to identify candidates for a cloud solution into its IT plan.

Cloud Security

NAB working to set cloud security standards

March 2, 2012 - National Australia Bank is formulating a set of standard service level agreements that may be used by companies worldwide for securing data in public and private cloud applications.

Cloud Security

European Commission to invest EUR10 million in IT Cloud Partnership

January 26, 2012 - The European Commission is to pump EUR10 million into the formation of a European Cloud Partnership with the aim of drawing up a common set of standards between suppliers and buyers.The initiative was broadcast in a speech to business leaders at Davos by Neelie Kroes, the Commission VP charged with drawing up a digital agenda for the EU.

Cloud Security