Altra Federal Credit Union developed a calculated strategy before moving to the cloud -- advice all financial institutions should follow, says Brian Boettcher, VP of IT, who shares his lessons learned.
Topics to be addressed at the NIST cloud computing forum include the cloud's trustworthiness and standards. Google Chief Internet Evangelist Vint Cerf and NIST Director Patrick Gallagher also will speak.
When the business demands the latest tools and technologies, saying "no" is not a viable option. "Clearly, these are disruptive things, but they also are extremely valuable," says Simon Godfrey, Director, Security Solutions at CA Technologies UK.
Securing data in the public cloud isn't much different from other types of IT security. "It's the same advice we give for almost any deployment of IT because it is still the right thing to do," NIST Senior Computer Scientist Tim Grance says.
A top concern for most financial institutions is how to add new members and strengthen current customer loyalty, especially when faced with competition from larger institutions and behemoths like Walmart. Read about how Altra Credit Union differentiated themselves with exceptional customer value, and increased their...
"Okay, we have bad guys that might be in the system, but at least we're watching them every minute and hopefully detecting them before they do anything too bad," RSA Chief Technology Officer Bret Hartman says.
Researchers explore adapting geolocation technology to identify where data reside on the cloud so organizations can comply with IT security laws and regulations, RSA Chief Technology Officer Bret Hartman says.