Why do Financial Services use Multi-cloud

to solve their Critical Security Loopholes?

nife.io
 What is Multi-cloud and how does it
protect the Financial Services Sector?

Multi-cloud is the use of multiple cloud

providers and platforms for different
workloads.

Multi-cloud protects the financial services

sector because it allows organizations to
protect against single points of failure and
minimize the risk of data breaches.

nife.io
 One of the main advantages of
multi-cloud is that it allows
financial organizations to
spread their risk.

Organizations can use multi-

cloud security providers to
ensure that if one provider
experiences an outage or a
What are the benefits of data breach, their operations
Multi-Cloud to Financial will not be completely
Sector? disrupted.

nife.io
 Another advantage of multi-cloud is
that it allows organizations to take
advantage of the different security
features offered by different cloud
providers.

For example, a financial organization

may use AWS for storage and Azure
for computing, taking advantage of
the security features of each provider.

nife.io
 Additionally, multi-cloud allows
financial services organizations to
comply with various regulations
and standards, such as the General
Data Protection Regulation (GDPR)
and the Payment Card Industry
Data Security Standard (PCI DSS).

nife.io
 One of the most critical security
risk that multi-cloud addresses are
the risk of vendor lock-in.

Organizations can avoid becoming

dependent on a single vendor by
using multiple cloud providers and
switching to another provider if
necessary.

nife.io
 Another critical security loophole
that multi-cloud addresses are the
risk of cloud vendor vulnerabilities.

By using multiple cloud providers,

organizations can reduce the risk
of a security breach by using the
best security features of multiple
providers.

nife.io
 Conclusion
Multi-cloud allows organizations to spread their risk,
take advantage of different security features offered
by different cloud providers, comply with various
regulations and standards, avoid vendor lock-in and
reduce the risk of cloud vendor vulnerabilities.

By implementing multi-cloud, financial services

organizations can ensure that they are providing a
secure environment for their customers and partners.

@reallygreatsite

nife.io
 Ready to see Nife in action?

Deploy, Manage and Scale apps globally.

Request Demo at https://nife.ac-page.com/request-demo

nife.io