November 5, 2012 – Security is often described as being like an onion - it's got to be provided in layers, such that even if a miscreant manages to get past one or two barriers, there are still several more that could repel him (or her). When a company consumes compute resources over a cloud, there are even more layers required, as the bank's IT and security departments are a few steps removed from the data and applications they're charged with protecting.

Security is the biggest concern bank customers express about cloud computing. "It's letting go of that data - they're very concerned that we have the appropriate processes in place," says David Malcom, director of data center operations at Computer Services, Inc.

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