Is RegTech the new FinTech?

Lory Kehoe, David Dalton and Sean Smith, Deloitte Ireland,  Friday, September 23, 2016

Regulation is one of a number of services to receive the ‘Tech’ treatment in recent times. As with its bigger brother FinTech, the definition of RegTech will mean different things to different people in this developing area. While the name is new, the marriage of technology and regulation to address regulatory challenges has existed for some time with varying degrees of success. Increasing levels of regulation and a greater focus on data and reporting has however brought the RegTech offering into greater focus thereby creating more value for the firms that invest in these solutions.

Majority of States Have Adopted 'Cloud First' Policies for Government

,  Thursday, September 22, 2016

A majority of state governments have adopted “cloud first” preferences when it comes to considering new applications or looking to upgrade existing legacy systems. According to the new report “The 2016 State CIO Survey” from the National Association of State Chief Information Officers (NASCIO), over 70 percent of state CIOs say they have “cloud first” policies that are either formal, informal, or in development.

Microsoft makes Azure Germany available with a unique cloud model

Techseen,  Thursday, September 22, 2016

Even though Microsoft Cloud Services are already available across Europe, with the company’s two new datacenters in the UK a couple of weeks back, this particular model, as stated by Microsoft, will provide a different option to an already available system, creating increased opportunities for innovation and economic growth for regulated partners and customers in Germany, the European Union (EU) and the European Free Trade Association (EFTA).

Microsoft Cloud Germany Opens Using Data Trustee Model

Pedro Hernandez, eWeek,  Thursday, September 22, 2016

Microsoft Cloud Germany is open and ready for business, operating under a "data trustee" model that addresses the data privacy and sovereignty concerns of the region's companies.

Why IT No Longer has its Head in the Clouds

Charles Cooper, MSPmentor,  Wednesday, September 21, 2016

Much of that reflected the historic misunderstandings between the IT department and the rest of the organization, where neither side believed that the other really understood its needs. The upshot: CEOs could push all they wanted, but many IT departments continued to drag their heels when it came to cloud adoption.

International Data Transfers To And From Canada

Elisa Henry, Darcy Ammerman and Michael Reid, Mondaq,  Wednesday, September 21, 2016

For any Canadian company doing business outside of Canada, as is commonplace in the current economic and online environment, it is important to understand not only domestic privacy laws, but also the foreign laws which may affect its partners, customers and suppliers.

Box gives EU customers alternative to Privacy Shield with BCRs

Adam Shepherd, CloudPro,  Tuesday, September 20, 2016

Box's EU customers can store their files in its US datacentres without relying on the controversial Privacy Shield framework, the company confirmed today after receiving EU approval for its Binding Corporate Rules (BCRs). BCRs are legally-enforceable agreements between companies and the EU that govern how companies handle the data in their care, covering both customer information and that of Box's EU employees. It means Box can offer all EU customers a different way to send their data to the US, rather than relying on Privacy Shield, the newly-approved EU-US data transfer mechanism.

Risk management: more than a regulatory exercise

Nick Ismail, Information Age,  Tuesday, September 20, 2016

Risk management has come a long way since its origins as a financial instrument for the insurance industry in the mid-1900s. Now, it’s a mainstream corporate function – due in large part to regulations that have been brought in by various industrial and governmental institutions seeking to tackle some of the major calamities of more recent time.

Federal, SLED Organizations See All Sides of Cloud Migration

Jessie Bur, Meritalk,  Monday, September 19, 2016

The Federal government, state and local governments, and higher education institutions are seeing the appeal of adopting cloud offerings in areas such as increased speed and cost savings, according to a recent MeriTalk survey titled “Destination Cloud: the Federal and SLED Cloud Journey.” However, though 89 percent of those surveyed responded that they saw the benefits, 95 percent said they saw drawbacks in areas such as security, privacy, and reliability.

Cloud backup – guarding against data loss from ransomware

Iniel Dreyer, ITNews Africa,  Monday, September 19, 2016

What companies need to protect themselves properly against ransomware is a cloud backup system that doesn’t simply overwrite previous data, but instead keeps multiple data records. Data is stored periodically, with multiple, historic copies kept at any given time. What this means is that you can pinpoint when the virus was downloaded and, while all backups made since infection will be infected too, you can still go back to that point in time and effectively retrieve all your data from any backup preceding the date of infection, which remains intact.