Articles

FFIEC Issues Statement on Cloud Computing Services

August 19, 2020 - 2 min read

On April 30, 2020, the Federal Financial Institutions Examination Council (FFIEC) on behalf of its members issued a statement to address the use of cloud computing services and security risk management principles in the financial services sector. Security breaches involving cloud computing services highlight the importance of sound security controls and management’s understanding of the…

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