First Boston Exec: "Don't Assume Private Clouds Are Secure"

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Private clouds are not free from security issues because they often have their origins in hybrid clouds, an executive from First Boston Global Capital Markets has told delegates at the European Trading Architecture Summit in London.

Louis King, managing director, global capital markets, First Boston Capital Markets, said private clouds are often seen as the answer to security concerns, but this is not always the case because many of them are "intertwined" with public clouds.

"A lot of the privat

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