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Outsourcing involving Cloud computing Services
In July 2015, APRA published an information paper titled ’Outsourcing involving shared computing services (including cloud)’ 1 which outlined prudential considerations and key principles that should be considered when adopting use of cloud computing services. This paper updates the July 2015 paper. The update is a response to APRA’s observation of the growing usage of cloud computing services by APRA-regulated entities, an increasing appetite for higher inherent risk activities, as well as areas of weakness identified as part of supervisory activities.
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