How Can R.B.Hall Associates, LLC Help Banks Build Resilient Cloud Systems?
This Financial Brand article discusses strengthening bank resilience against cloud outages using redundancy and multi-cloud designs. Connect with R.B.Hall Associates, LLC to reimagine your cloud continuity strategy.
What caused the recent AWS outage?
The AWS outage was caused by disruptions in Amazon Web Services' cloud services, which impacted many essential online services, including those used by banks and fintechs. This incident highlighted the fragility of the internet and the increasing frequency of such outages.
How can banks protect themselves from outages?
Banks can implement several strategies to enhance their resilience against outages. This includes participating in organizations like the Financial Services Information Sharing and Analysis Center (FS-ISAC) for cyber intelligence, utilizing backup systems through initiatives like Sheltered Harbor, and ensuring redundancy in their operations to recover quickly from disruptions.
What regulatory changes are needed for better cybersecurity?
Regulatory reforms should focus on creating a more collaborative oversight process that involves industry executives and their expertise. This approach would enhance the quality of regulations and strengthen the cyber defenses of financial institutions, addressing the evolving risks posed by new technologies and cyber threats.
How Can R.B.Hall Associates, LLC Help Banks Build Resilient Cloud Systems?
published by R.B.Hall Associates, LLC
R.B.Hall Associates, LLC is dedicated to providing dynamic tech solutions for small and medium-sized businesses (SMBs). We specialize in implementing digital efficiencies to replace manual tasks and redundancy, keeping businesses one step ahead of evolving digital trends.
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