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Hybrid Cloud Environments Provide Cheap Security for Financial Service Organisations

Sourced from ZDNet. Worldwide, financial services organisations are turning to the cloud as the means to transform outdated legacy systems and commit to disruptive technologies. The size of the public cloud market is expected to top $354 billion by the end of 2022, a significant jump from the less than $197 billion of 2018. But instead of going the all-or-nothing route, the hybrid cloud is positioned to provide companies with a more secure way of leveraging their data. Yunus Scheepers, CTO at SilverBridge, discusses these security benefits at a time when Microsoft Azure data centres in the country are attracting attention from financial services organisations as a safer alternative to what their current on-premise offerings can provide. A hybrid cloud environment also provides risk-averse ...