Research ETRM / CTRM in the Cloud | Page 19

CTRM in the Cloud this issue, the industry is already coming up with new security solutions for the cloud that includes on premises proxies and gateways that encrypt or tokenize the data before it goes out. When it comes to security, there are no absolute guarantees. Any trading firm’s IT department can have disgruntled employees or can be hacked by a determined and skilled cybercriminal. Every computer system is vulnerable and each and every point of vulnerability needs to be constantly reviewed and guarded against. At the end of the day, data security is as much an issue of access control as it is anything else - the idea is to manage the risk of a security breach using the highest level of access security possible for the most sensitive data. The NSA issue has led to the perception that public clouds are less