$80m Capital One Fine — A Stinging Reminder of Cloud Migration Risk

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The aspects of about one hundred million of the the bank’s shoppers ended up leaked on line

­Capital A person Economic Corp has been hit with a $80 million high-quality immediately after incurring a big information breach a single 12 months in the past.

US banking regulator the Business for the Comptroller of the Currency issued this penalty because the bank did not have out correct chance assessment when migrating its information to the AWS cloud, which led to the aspects of about one hundred million of its shoppers being leaked on line.

The OCC named out

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OK, You Can Put HANA Enterprise Cloud On-Premises

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“A immediate response to customers”

SAP has agreed to make its HANA Business Cloud accessible on premises for the very first time, in the confront of strain from prospects amid ongoing facts sovereignty, industry compliance and chance tolerance worries bordering the cloud. 

The giving will be accessible by using HPE GreenLake — the company’s infrastructure as-a-company, pay-for every-use model for prospects wanting to continue to keep hardware on-premises but shift to an OpEx instead than a CapEx model for IT intake.

Peter Pluim, worldwide head of enterprise cloud products and services, SAP explained: “The new deployment… is

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IBM Beats Q2 Estimates, Sees Cloud Growth

IBM documented a five.4% decrease in quarterly income but its stock jumped in soon after-hrs investing Monday amid optimism that its push into cloud computing may possibly last but not least be paying out off.

In accordance to Reuters, IBM’s cloud technique may possibly be finding a enhance as “large corporations accelerate their electronic change due to the coronavirus disaster.”

In the next quarter, overall income declined to $eighteen.12 billion from $19.16 billion a calendar year earlier but income from the cloud enterprise rose thirty% to $six.3 billion. Excluding items, IBM gained $2.eighteen per share.

Analysts had predicted IBM to

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Atos eliminates the last barriers to public Cloud with new Digital Cloud Services

Paris, 8 July 2020

Atos, a world leader in electronic transformation, announces Atos Digital Cloud Expert services, an evolution of the Atos Managed Public Cloud Expert services. In collaboration with Amazon World wide web Expert services, Google Cloud Platform and Microsoft Azure, it brings together the versatility and price tag-efficiency of general public cloud with a catalog of solutions targeted on application modernization and Cloud based data analytics. The catalog will be enriched, jointly with customers, to tackle their distinct business demands.

The adoption of Public Cloud, which started off with non-mission critical apps, has attained a new momentum as

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Deutsche Bank Turns to Google Cloud, as Huge IT Overhaul Continues

Germany’s Deutsche Bank has agreed a multi-yr deal with Google Cloud (GCP), soon after putting out a ask for for proposals in February to the cloud hyperscalers, amid a sweeping IT overhaul at the storied lender

The determination will assist Deutsche — which runs 4 divisions spanning company, expenditure and non-public banking, alongside with its DWS asset management arm — “transform its IT architecture” it said nowadays.

(It is not totally signed, sealed and shipped still: the two have signed a Letter of Intent and “plan to sign a multi-yr contract” inside months.)

What’s Deutsche Bank Up To?

A December

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