Solution Briefs

Financial Services Solutions Brief

Information on multi-cloud networking, cloud network platform, cloud networking, cloud network security, cloud network operations

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How Secure Is Your Cloud Architecture? Enterprise's increasingly need agility, flexibility, and cost- effective scalability. To achieve this, many organizations are turning to the cloud—and to multi-cloud networking, in particular. Enterprises typically choose a cloud service provider (CSP) to plan and manage their workloads and software services. If an enterprise is new to the cloud, most of its early strat- egy and decision making may be influenced by what the CSP prescribes. The CSP may also dictate what products customers can consume within an established scope. However, the strategies that CSPs recommend may not sufficiently meet an enterprise's regulatory and security needs. Multi-cloud networks are more complex and diverse than on-premises architectures and have more attack surfaces for bad actors to exploit. Native public cloud net- works don't provide the deep visibility into network activity that these environments require. It's no wonder then that multi-cloud organizations report more security incidents than those using a single platform. For financial services institutions (FSIs) in particular, a cloud architecture lacking holistically embedded security through- out the network fabric could lead to new or increased risks across people, processes, and, of course, technology. Ultimately, the FSI—not the CSP—is responsible for safe- guarding customer information. This brief, specifically for FSI adopters of cloud services, provides an overview of a robust risk-based framework recognized by global financial regulators. Financial Services Regulation & Risk Management for Multi-Cloud Networking SOLUTIONS BRIEF

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