1.0DevOps Online North Americahttps://devopsnews.onlineYashesh Patelhttps://devopsnews.online/author/yashesh-patel/Financial sector's reliance on cloud to threaten stability - DevOps Online North Americarich600338<blockquote class="wp-embedded-content" data-secret="yv14uh26Tb"><a href="https://devopsnews.online/financial-sectors-reliance-on-cloud-to-threaten-stability/">Financial sector’s reliance on cloud to threaten stability</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://devopsnews.online/financial-sectors-reliance-on-cloud-to-threaten-stability/embed/#?secret=yv14uh26Tb" width="600" height="338" title="“Financial sector’s reliance on cloud to threaten stability” — DevOps Online North America" data-secret="yv14uh26Tb" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://devopsnews.online/wp-content/uploads/2021/07/robert-bye-jeF-vyxytb4-unsplash-scaled.jpg25601706The Bank of England has recently announced that the financial sector’s increasing reliance on cloud data providers could pose a risk to financial stability. Indeed, the Bank is worried that Britain’s banks that are moving their administration and accounts online into the cloud will threaten financial stability and that their reliance on cloud service providers...