Cloud computing application and cloud security analysis in banking industry

Banking
　　
The purpose of the bank's emerging cloud services is to improve productivity by facilitating real-time collaboration and to provide ubiquitous virtualization services. Cloud-based services Help to understand the relationship between people and the focus of financial management through social networking interfaces, helping banks understand their customers ' preferences and thus retain customers and attract new consumers. The front-end bank offices are connected to the backend based on cloud computing and analysis licenses, saving a lot of energy, space and cost.
　　
Cloud e-Invoices provide invoices at a time when exchange rates are most advantageous, and allow the banking network to continuously obtain relevant information from the postal and telecommunications companies. It enhances access to social networking configurations to help new consumers in new markets.
　　
Security issues
　　
Despite its immense potential, the banking sector is less enthusiastic about embracing cloud computing, because with location data, usability, and recoverability, they are more concerned with security, privacy, confidentiality, data integrity, and authentication requirements.
　　
In addition, the industry has unique dynamic regulatory, legal and compliance issues to resolve before switching to cloud services. Bankers understand that cloud computing is risky because it involves outsourcing data to a third cloud service provider.
　　
In order to take advantage of the emerging powerful internet-based business solutions, it technology architecture is needed to combine the security of public cloud data with the privacy of private cloud.
　　
The appropriate business strategy is to take some of the relatively insensitive data out of the public cloud infrastructure services for simple password access, with dedicated servers and firewalls and intrusion detection devices and other updated security features that require authentication access for critical data centers.
　　
Strategic Approach
　　
Cloud computing and management should have a clear guideline that can be delegated to the cloud operator's priority data should be defined by a comprehensive governance structure that defines the service level agreement, setting a time frame.
　　
In choosing a cloud service provider, it is important to look at the company's financial stability, ability to improve functionality and service levels and consolidate data in different technology platforms and cloud services.
　　
While choosing a cloud service provider, it is important to look at the company's financial stability, ability to improve functionality and service levels, and data integration capabilities in different technology platforms and cloud services.
　　
Cloud security services are emerging services that address data security, provide privacy, compliance risks, and prevent data theft, ensure disaster management services, and detect offending lines for virtualized data centers.