A zero-day vulnerability was discovered by Google Chrome’s security team, tracked as CVE-2019-5786.
Please immediately check your Google Chrome version and upgrade if needed.
Financial service organizations include banks, insurance companies and securities firms. These organizations are constantly dealing with extremely sensitive and confidential information. They need to balance strong security and data protection with addressing customer needs and adapting to a rapidly changing business environment. With cloud computing, they can find this balance.
Cloud provides secure IT resources and meets industry regulations while providing a multitude of benefits that are invaluable to the financial sector.
Security of sensitive financial information is the biggest concern for the industry. Financial businesses need to maintain the highest level of security, while also ensuring all employees can access important information 24×7. In addition, in the case of a natural disaster, businesses with on-premises data centers are in jeopardy of losing sensitive financial information, risking security and huge financial loss.
The banking industry is experiencing increased regulatory pressure in order to uphold the integrity of the financial system. Complying with a growing number of complex new rules requires high financial and human commitment from businesses. Compliance requirements have also put pressure on the industry to recognize infrastructure as an important part of a functional business model, increasing the need for sound IT functions.
The rise of the digital consumer has resulted in new competitors that offer financial services conveniently online or through smartphones. Companies like Square, PayPal, and Apple are drawing the attention of new customers, resulting in a decreasing sense of customer loyalty to financial businesses. Customers are becoming better informed and more technologically savvy, pushing aside the demand for retail and corporate banks.
In order to keep up with the increasing customer demands for product innovation, financial businesses are forced to make improvements to the services they offer. High equipment costs and limited IT resources can prevent banks from supporting the newest services that match their competitors’ offerings.
CloudApps simplifies application purchasing and license management for your business. We offers some of the most commonly used business apps, and also allow you to integrate your existing applications into the cloud. We can support 97% of business applications on the market, including:
Contact us today for a free consultation.