Transcription of Joint Statement Security in a Cloud Computing Environment ...
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Joint Statement Security in a Cloud Computing Environment ...
Joint Statement Security in a Cloud Computing Environment INTRODUCTION. The Federal Financial Institutions Examination Council (FFIEC) on behalf of its members 1 is issuing this Statement to address the use of Cloud Computing 2 services and Security risk management principles in the financial services sector. Financial institution management should engage in effective risk management for the safe and sound use of Cloud Computing services. Security breaches involving Cloud Computing services highlight the importance of sound Security controls and management's understanding of the shared responsibilities between Cloud service providers and their financial institution clients.
Standardization (ISO), Center for Internet Security (CIS), and other industry organizations (e.g., Cloud ... management expectations for the management of relationships involving third parties (such as third- ... effectiveness may include testing or auditing, if possible, of security controls with the cloud service provider; however, some cloud ...
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