Survey offers insight into areas of cloud adoption, IT security budgets, cloud computing, cyber security skills
As a part of the Summit, CSA also organized a Roundtable on “Banking 4.0 – Digital Transformation, Opportunities & Challenges” aimed to work on the next level study of the survey conducted. This Roundtable was sponsored by Microsoft.
Although heavily regulated internationally, today’s financial services institutions (FSI) face similar pressures experienced by their compatriots in lesser-regulated sectors. There is an urgent need to embrace digital transformation to leapfrog competitors, enhance agility, and increase efficiency to better serve the modern digital consumer in this fast-paced economy. Significantly higher confidence levels in cloud security today have rendered the cloud a key enabler in overcoming these challenges. Seeing this trend, CSA and MDEC jointly conducted the “Cloud Adoption in the Malaysia FSI Sector” survey to gain a deeper understanding of the current and future state of cloud adoption in the region.