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Cyber Security

43% of financial services orgs plan to increase private cloud investments

Nutanix announced the financial services industry findings of its report, measuring organizations’ plans for adopting private, hybrid and public clouds. The findings point to a digital transformation within the industry, with 50% of respondents reporting that COVID-19 caused them to increase their investment in hybrid cloud. Hybrid cloud is the only IT model showing positive growth among financial company respondents, and it is expected to increase by 39% in the industry’s five-year outlook. Financial services organizations ranked security, privacy, and compliance issues as the most concerning when running applications within public cloud solutions.

Source: https://www.helpnetsecurity.com/2021/01/14/financial-services-private-cloud-investments/

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