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Financial Institutions › Cloud Computing › Data Protection

Hogan Lovells

ECB Guide on outsourcing cloud services to cloud service providers

Hogan Lovells on

The European Central Bank (ECB) has published its Guide on outsourcing cloud services to cloud service providers (the "Guide") clarifying how banks are expected to comply with obligations under the EU Digital Operational...more

Baker Donelson

Critical Guidance for Financial Institutions on Security Considerations for Cloud Computing Environments

Baker Donelson on

On April 30, 2010, the Federal Financial Institutions Council (FFIEC) issued Guidance on the use of cloud computing services and security risk management principles in the financial services sector. The Guidance reminds...more

Pillsbury Winthrop Shaw Pittman LLP

Cloud Computing by EU Financial Institutions Gets a New Rule Book

Pillsbury Winthrop Shaw Pittman LLP on

Financial institutions should take note of, and make every effort to comply with, the European Banking Authority’s new cloud computing guidance which will be effective from 1 July 2018. In order to clarify EU-wide...more

Pillsbury - Global Sourcing Practice

Under the Thumb: Regulatory Compliance When Outsourcing Cybersecurity Management

Pillsbury - Global Sourcing Practice on

Managed security services are often a natural “add-on” when outsourcing IT services given that data protection is integral to application development, software as a service, and cloud storage, among other services. More...more

Orrick, Herrington & Sutcliffe LLP

New Guidance for Financial Institution Directors and Officers In Cybersecurity Preparedness

Orrick, Herrington & Sutcliffe LLP on

Earlier this summer, the Federal Financial Institutions Examination Council (FFIEC) released its highly anticipated Cybersecurity Assessment Tool (Assessment), which is designed to assist financial institutions in identifying...more

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