QuestionQ62

Platform Configuration

A bank is considering adopting a cloud-computing strategy and evaluating risk. Which factor should the bank take into account?

  • A Market Trends
  • B Legacy technology
  • C Competitors
  • D Regulatory and compliance standards
Explanation

Banks must ensure that cloud adoption meets applicable regulatory and compliance obligations, including requirements for data security, privacy, audit controls, and third-party oversight.

Community Discussion

No comments yet. Be the first to start the discussion!