🗂 Link: The Cost of Banking Is About to Go Up: What the Capital One Breach at Amazon Could Mean for the Industry

“The adoption of cloud platforms is a movement that will not be stopped,” says Jerry Silva, research director, IDC’s Financial Insights Group. “But there will be a slowdown as regulators step in to ensure that the security and resiliency structures that have always applied to banks directly are applied to the cloud providers with which they do business.”

Source: The Cost of Banking Is About to Go Up: What the Capital One Breach at Amazon Could Mean for the Industry