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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
(Via @SecurityEditor)
Internet doomsday virus appears to fizzle
(Via @DrInfoSec)
Regulators Warn Banks of Risk from Cloud Services
(Via @AmerBanker)
Attorney explains why PATCO verdict may actually favor banking institutions
(Via @SecurityEditor)
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.
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7/19/12 (New Jersey)
ISACA NJ: Auditing IT Outsourcing
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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
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