Fenergo: Navigating Data Residency & Privacy Compliance in the Cloud
Security and data security concerns have traditionally topped the list of issues for lack of adoption of cloud technologies by banks.
In a survey conducted by Forrester Research a few years ago, it found that the top five reasons why US banks were avoiding cloud technology included.
Security (73%) Privacy (63%) Risk (59%) Regulation (56%) Technology Maturity (43%)This has prevented financial services organizations from embracing the cloud, while their fintech and
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