Cloud computing is becoming an increasingly important topic in banking. Despite guidance from the EBA and BAFIN, uncertainty remains about the regulatory requirements. The question therefore arises as to which regulatory and relevant requirements must be observed in cloud computing.
IT infrastructures are mostly also cloud infrastructures. Cloud providers and customers share the responsibility for cyber security and compliance. In 2021, nearly 9 out of 10 companies were already victims of cyberattacks. AWS customers can choose between Amazon services and a few other firewall providers for the security of their applications and data. Whatever the choice, implementation is not trivial and needs to be well prepared.
In recent weeks and months, publications on the subject of security and data protection in the cloud have sprung up like mushrooms in late summer. Almost all well-known institutions and companies have thrown their opinions into the ring and outlined the necessary steps for secure operation or secure use of cloud services.
Increasing internationalisation, constantly growing IT requirements and increased cost pressure force companies to review their IT strategy with respect to integrating cloud computing. In addition, cloud computing promises high agility, flexibility, reliability, security, availability and efficiency.