Cloud Computing › FFIEC

News & Analysis as of May 21, 2013

At Intersection of Cloud Storage/Transfer & Instant Messaging, Instacom’s a Unique Tool
“The Cloud” No Longer a Hot Topic Because It’s Common Knowledge at This Point

FFIEC Releases Statement on Cloud Computing Risks and Considerations

by Richard Raysman | Holland & Knight LLP on 8/15/2012

The Federal Financial Institution Examination Council (FFIEC), an interagency body that advises a number of federal agencies on appropriate standards for the regulation of financial institutions, recently released a statement...more

FFIEC Statement on Outsourced Cloud Computing

by White & Case LLP on 7/26/2012

On July 10, 2012, the Federal Financial Institutions Examination Council (FFIEC) issued a statement (the "FFIEC Statement") cautioning financial institutions to undertake thorough due diligence and risk assessment for...more

FFIEC Issues Statement on “Cloud Computing” Risk Management

by Davis Wright Tremaine LLP on 7/17/2012

The Technology Subcommittee of the Federal Financial Institution Examination Council (“FFIEC”) — the interagency body responsible for prescribing uniform principles and standards for federal financial institution examinations...more

FFIEC Issues Statement on Cloud Computing Vendors

by BuckleySandler LLP on 7/16/2012

On July 10, the federal banking regulators, through the Federal Financial Institutions Examination Council (FFIEC), published a statement on outsourcing of cloud computing services by financial institutions. The statement...more

Federal Financial Agencies Issue Cautionary Statement on Financial Institution Cloud Computing Services

by Morrison & Foerster LLP on 7/12/2012

On July 11, 2012, the federal financial regulatory agencies (“Agencies”), through the Federal Financial Institutions Examination Council (“FFIEC”), issued a joint interagency statement (“Statement”) on the use by financial...more

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