Most interesting is how APRA (Australian Prudential Regulation Authority) is essentially calling some Australian financial institutions negligent:
"APRA has noted that its regulated institutions do not always recognise the significance of cloud computing initiatives and fail to acknowledge the outsourcing and/or offshoring elements in them"
"APRA has noted that its regulated institutions do not always recognise the significance of cloud computing initiatives and fail to acknowledge the outsourcing and/or offshoring elements in them"