Banking Technology Connections: July 17, 2012
July 17, 2012
In this week's BTC we see that the FFIEC has released guidance regarding outsourcing functions to the cloud ("Regulators Warn Banks of Risk from Cloud Services"). While this guidance is much appreciated, it continues to validate that cloud providers need just as much attention as any other outsourced provider. The interesting point about the comments in this guidance is that they believe cloud providers will be less educated on the regulatory requirements for banking institutions. It's an interesting assumption--especially since non-cloud vendors are still being educated on regulatory requirements...
Interesting Articles of the Week
FFIEC Offers New Clarity on Cloud Computing Risks
Internet doomsday virus appears to fizzle
Regulators Warn Banks of Risk from Cloud Services
Attorney explains why PATCO verdict may actually favor banking institutions
Do you have an article that you would like to share with the group? Let us know and we will add it to the list! Did you miss a newsletter? Check out past newsletters here.
7/19/12 (New Jersey)
ISACA NJ: Auditing IT Outsourcing
8/8/12 (New York, NY)
ISACA NY: HG65: How to Audit z/OS with USS, TCP/IP, FTP, and the Internet
10/17/12 (Marlborough, MA)
Massachusetts Bankers Association: IT Audit Training 2012
Do you have an event that you would like to share with the group? Let us know and we will add it to the list!
Questions? Interested in learning more about Wolf's IT Assurance and Security services?
Please contact Matthew J. Putvinski, CPA, CISA, CISSP, Member of the Firm and Director of IT Assurance and Security services, at (617) 428-5479 or email@example.com.
If you would like to subscribe to this newsletter and receive it via email please contact Laura Lozada at firstname.lastname@example.org.