FINOS Common Cloud Controls – The Need for an Open Source Financial Services Public Cloud Standard

Presented at Open Source In Finance Forum 2023 – NYC
Presented by Naseer Mohammad – Google & Simon Zhang – BMO Financial Group

Title: FINOS Common Cloud Controls – The Need for an Open Source Financial Services Public Cloud Standard
Abstract: As the pace of cloud adoption accelerates in a highly fragmented global regulatory landscape, FINOS Common Cloud Controls aims to develop a unified set of cybersecurity, resiliency, and compliance controls for common services across the major cloud service providers.

By developing a unified taxonomy of common services and associated threats, the project alleviates the systemic risk of cloud concentration, an issue highlighted in recent reports from the U.S. Department of the Treasury, the UK HMT, the European Council, and the Monetary Authority of Singapore.

Join FINOS Common Cloud Controls and Compliant Financial Infrastructure maintainers from the FINOS membership as they explore the FINOS Common Cloud Controls standard and how collaboration between the “OSCAL Representation of FINOS CCC,” “Define Cloud Services Taxonomy,” and “Engage with MITRE Threat Catalogue” delivers an open source standard that Cloud Service Providers adopt for the benefit of the global financial services industry.

Find more info about FINOS:
On the web: https://www.finos.org/
Twitter: https://twitter.com/finosfoundation
LinkedIn: https://www.linkedin.com/company/finosfoundation/
OSFF NYC: https://events.linuxfoundation.org/open-source-finance-forum-new-york/

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by FINOS

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