Welcome to the Office of Pre-Compliance

Over the past few years, I've heard about all the benefits of adopting a cloud environment within the enterprise—lower computing costs, smaller carbon footprint and higher efficiency—but a new one keeps popping up: security.
It seems a bit counterintuitive that cloud computing could be more secure than running everything in a locked-down datacenter, but hear me out.
First of all, we are definitely not there yet. Today's public clouds aren't as secure as they can be, but just give them time. If they are going to thrive, like I believe they will, then they are going to have to make their security as bulletproof as possible just to stay in business. Once they've mastered this aspect, enterprises can learn from the cloud providers' best practices.
Secondly, as the cloud management matures and issues of identity management are hammered out, the performance logs will provide a treasure trove of data for security purposes.
If you have ever read sci-fi author Philip K. Dick's Minority Report, or saw the 2002 Tom Cruise movie based on the short story, a law enforcement agency uses information from three precognitives, or precogs, who can see crimes before they occur, to arrest the criminal before they can act.
Now imagine if you replace those precogs with a massive amount of data on every user’s behavior on the cloud. It shouldn't be that difficult to do some behavior modeling to see if someone is acting out of the norm, accessing files they shouldn't be, or downloading a massive amount of data to removable storage. Anyone who is on Facebook or has played any online game already knows this.
It's just a matter of mastering the massive amount of user data and developing the proper analytics.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Deutsche Bank casts a cautious eye towards agentic AI
“An AI worker is something that is really buildable,” says innovation and AI head
LLMs are making alternative datasets ‘fuzzy’
Waters Wrap: While large language models and generative/agentic AI offer an endless amount of opportunity, they are also exposing unforeseen risks and challenges.
Trading venues seen as easiest targets for Esma supervision
Platforms do not pose systemic risks for member states and are already subject to consistent rules.
Agentic AI takes center stage, bank tech projects, new funding rounds and more
The Waters Cooler: SEC hack investigation, FCA–Nvidia partnership, LTX BondGPT upgrade, and CDO problems are also in this week’s news round-up.
CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.