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  Published Paper Details:

  Paper Title

ROLE OF CLOUD COMPUTING IN BANKING FINANCIAL SECTOR AND RELATED SECURITY THREATS

  Authors

  JANAKI P S,  SIJI P.D

  Keywords

Cloud platforms, Cloud computing services, Banks , Financial institutions,Cybersecurity threats.

  Abstract


According to the survey by 2019, 90 percent of companies are working on cloud platforms. Another interesting fact is that, 30 percent of budget are allocated by each company for cloud computing services. Hence cloud computing is one of the 4 areas that is going to have an economic impact. Cloud has forever changed the way Banks,Financial institutions and insurance companies serve their customers through advanced technologies and create a future of digital banking. It enables financial institutions to store and process data in remote services instead of local Systems. An increase in cybersecurity threats is driving the market as for banks. This threat is particularly imposing as breached data exposes the opportunity for immediate and future theft.Hence this article addresses the application of cloud computing in banking financial sector as well as security issues and threats associated with them.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT22A6492

  Paper ID - 221859

  Page Number(s) - e87-e94

  Pubished in - Volume 10 | Issue 6 | June 2022

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  JANAKI P S,  SIJI P.D,   "ROLE OF CLOUD COMPUTING IN BANKING FINANCIAL SECTOR AND RELATED SECURITY THREATS", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 6, pp.e87-e94, June 2022, Available at :http://www.ijcrt.org/papers/IJCRT22A6492.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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