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Cloud Service Providers (CSPs) Cloud Computing U.S. Treasury

Pillsbury - Global Sourcing Practice

An Update on Cloud Computing in the Financial Sector

In 2023, we summarized the U.S. Department of Treasury report that raised concerns about the growing reliance of financial institutions (FIs) on cloud computing. Treasury highlighted structural imbalances and regulatory blind...more

Sheppard Mullin Richter & Hampton LLP

Looking Beyond FedRAMP – Lessons from the U.S. Treasury Cybersecurity Incident

In the ever-evolving world of cybersecurity, even organizations that meet stringent security standards can be victims of sophisticated cyberattacks. A notable example of this is the December 8, 2024 cybersecurity incident...more

Nelson Mullins Riley & Scarborough LLP

Recent Developments from Federal Regulators Regarding Use of Cloud Services

The Federal Trade Commission (FTC) and Department of the Treasury (DOT) have taken steps to provide guidance and oversight for businesses using cloud services, signaling increased scrutiny from federal regulators on the use...more

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