- [Instructor] Some industries have specific needs
or legal requirements when it comes to security.
Let's take a look at secure cloud-based systems
in the finance vertical.
Most of the cloud security deployments
focused on finance are in the banking industry.
So let's focus there.
You'll find that while there were
many regulations to follow
in most types of financial businesses,
banking regulations are typically
the most strict.
Also, the regulations differ
a great deal from country-to-country.
Thus, while you'll have one set of regulations
to follow in the US,
there is yet another to follow in Europe.
There are three main concepts
to pay attention to, privacy
or the ability to keep personal data protected.
This includes customer names, addresses,
and banking transactions.
Disclosure are the ability
to provide the information needed
for audits quickly.
Sometimes these are internal audits
or audits given by regulators.
Finally, fraud prevention.
Or the ability to ensure
that bank customers,
and banks are protected from fraud.
For example,
a phishing email that leads to customers
giving away user IDs,
and password information to attackers.
The core message here
is that financial regulations
is related to cloud security requires
that there be a business aspect
of understanding what the regulations are,
how they are enforced,
and what's the technology needed
to enforce them.
Again, public cloud providers
support most regulations as related
to the financial industry.
It's a matter of understanding the regulations
you need to follow.
And then the cloud solutions
that provide the best solutions
for security and compliance.