Banks must decide if they’re "going to be a vendor management shop or an IT shop," says James Gordon, a vice president at Needham Bank, in an interview with Information Security Media Group (link below). "Is it technology we manage, or is it vendors we manage? The lines are being drawn along that framework, and I’m going to be on the technology side. I believe the vendors have not vested enough interest in my own security."

via Bank Explains Reluctance to Use Cloud – BankInfoSecurity.

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