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Take Control of Cloud Data or Risk Loss or Non-Compliance, 4sl Warns Financial Services Organisations

Financial services organisations need to pay close attention to how their cloud providers back-up data, or risk significant data loss or even non-compliance, 4sl has warned. According to IDC, by 2025 49 percent of the 175 zettabytes of data worldwide will be stored in public cloud environments as organisations realise the benefits of using IaaS, PaaS and SaaS.