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Safe Cloud Principles for the Financial Services Industry

In 2014, the ACCA endorsed the Open Data Alliance's (OCA's) Safe Cloud Principles for the Financial Services Industry (FSI).

Ten principles governing the safe consideration, selection, implementation, monitoring and termination of cloud services were put forth

1. Service Provider Reputation And Competence
2. Review, Monitoring And Control
3. Audit
4. Confidentiality And Certified Security Standards
5. Resilience And Business Continuity
6. Data Location And Transparency
7. Limits On Data Use
8. Data Segregation/Isolation
9. Conditions On Subcontracting
10. Conditions On Termination

We welcome your comments on the Principles - send your comments to This email address is being protected from spambots. You need JavaScript enabled to view it.  

[download the full paper here]