Across the globe, cloud concentration risk is coming under greater scrutiny. The UK HM Treasury department recently issued a policy paper “Critical Third Parties to the Finance Sector.” The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system.
Learn key considerations in establishing data residency requirements.
In order to better serve their customers and users, digital applications and platforms continue to store and use sensitive data such as Personally Identifiable Information (PII), genetic and biometric information, and credit card information. Many organizations that provide data for analytics use cases face evolving regulatory and privacy mandates, ongoing risks from data breaches and data leakage, and a growing need to control data access.