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3 Security Challenges Financial Services Must Overcome To Successfully Migrate to the Cloud

3 Security Challenges Financial Services Must Overcome To Successfully Migrate to the Cloud

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Financial services face three major security challenges when migrating to the cloud, according to Radware and recent industry insights. First, maintaining regulatory compliance is complex due to strict financial data protection laws and the shared responsibility model between cloud providers and organizations, requiring clear accountability and audit trails. Second, increased attack surface and vulnerabilities arise from cloud adoption, heightening risks like data breaches, identity compromise, and misconfigurations. Third, ensuring operational resilience and consistent security posture across hybrid and multi-cloud environments is difficult, demanding automated, scalable, and centralized security solutions to manage diverse workloads without performance impact.

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