As bank executives continue to debate, hesitate and worry over the security issues related to using applications that connect to the cloud, their employees are using cloud-based apps by the hundreds — often without banks’ knowledge. The average bank had 844 cloud services in use throughout its network in the third quarter of this year, according to an analysis conducted by Skyhigh Networks, far higher than bank IT departments estimated. “If you did a survey […]
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Accenture has an in-depth report with advice on how banks should view and implement cloud computing services. Here is an excerpt on the process banks should follow to make the move. I think these steps apply to any business considering the move to the cloud: As they plan their migration to cloud computing, bank executives should consider the following actions. Ask hard questions and demand data-based analyses regarding cost savings. Don’t assume automatic and substantive […]