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In the UK, it’s relatively common. Some of the older systems at legacy banks will still run on premise, but more because AWS lacks a mainframe instance type tha
by cameronh90 3y ago
In the UK, it’s relatively common. Some of the older systems at legacy banks will still run on premise, but more because AWS lacks a mainframe instance type than anything else.
The main concern from the regulator perspective isn’t security as much as concentration of risk in a small number of providers: if AWS goes down, will it take the whole financial sector with it?