A few days ago, Microsoft received notice that Windows Azure has been granted Provisional Authorities to Operate (P-ATO) from the Federal Risk and Authorization Management Program (FedRAMP) Joint Authorization Board (JAB). Windows Azure is the first public cloud platform, with infrastructure services and platform services, to receive a JAB P-ATO. This opens the door foragencies to quickly meet U.S. government Cloud First Computing initiatives and realize the benefits of the cloud using Windows Azure.
Cloud computing is a hot topic and a major buzzword today. As every employee is making use of one or multiple cloud tools, cloud adoption in the enterprise is driven by personal use. As CIO you see a real opportunity for your enterprise to go into the cloud, your company’s stakeholders might not think the same way.
Remote working is becoming an industry standard, especially in the IT industry and other digital related fields. However, at the beginning of this year Jackie Reses, Chief Development Officer of Yahoo sent out a memo telling all remote employees that, by June, they would need to work in Yahoo offices.
Although financial services companies see significant benefits in cloud-based systems, the adoption of this technology is still slow-paced for the industry. The reason? For highly-regulated institutions there are significant legal and regulatory challenges that must be considered and dealt with before migrating to the cloud.
However, no industry can afford to ignore cloud computing any longer and its impact is strongly felt within the financial services sector.
Adapting to a New Business Model
When thinking about writing this article, I was actually wondering, do I really need to get started on why businesses should prioritize moving to the cloud? By now the majority of business managers and IT administrators have already read many cloud related articles and listened to a large number of talks related to this topic.
A trend quickly embraced by end users, BYOD makes companies and IT managers shiver when thinking about security and compliance implications.
If the number of employees that bring their own device to work is continuously increasing, so does the number of vulnerable entry points into sensitive corporate data. Organizations find themselves in the situation of managing even more computing devices and having to protect themselves against security threats and costs to support these devices.