You Must Manage Security Controls Differently When You Move Assets to the Cloud
- There is no central team controlling changes to security settings. In effect, the number of people who can make those kinds of changes has increased.
- The shift to application layer security actually improves the overall security of IT assets.
“Good visibility is essential to effective security.”
Lee Eason, director of DevOps at Ipreo—which develops software used in all aspects of financial markets—says that in recent years, the industry has been moving more assets into the cloud. “Before, we relied exclusively on co-located data centers,” says Eason. “Over the past two years the trend has been to start building new services on public cloud.” This has forced Eason and others in the FinTech space to address directly the security of cloud-based assets.