How can regulated industries gain security in the cloud?

cloud security

Concerns around data privacy have prevented some companies — particularly those in the most security-conscious industries — from moving to the cloud. Despite Gartner’s forecast that, by 2022, up to 60% of organisations will use an external service provider’s cloud managed service offering (double the percentage of organisations from 2018), there’s still some unease around security among the remaining 40%.

What do we mean by regulated industries?

A ‘regulated’ business or organisation is closely controlled by government rules, so regulation and compliance are a critical part of day-to-day operations. When it comes to the public cloud, identifying which data centre holds which data at any given time, can be a huge challenge. It’s why some companies steer clear of the public cloud altogether.

Regulated industries include:

  • Financial services
  • Security services
  • Legal services
  • Criminal justice system
  • Health and social care
  • Education

Despite lingering concerns, a growing number of regulated businesses are embracing the cloud. How do these companies overcome concerns around security in order to reap the many benefits public cloud services offer?

“Even heavily regulated industries like banking and finance are using SaaS for non-core functionality, platform as a service (PaaS) for app development and testing, and IaaS for workload trial runs and testing for their new service offerings.” – Liew Siew Choon, senior market analyst for IDC’s APAC services research team.

Adopting a hybrid cloud strategy

There is a way companies can attain the benefits of the public cloud while maintaining visibility and control over workflows and data. The answer is a hybrid cloud solution. With this in place, organisations can migrate workloads between the public cloud and their data centre.

This enables IT departments to be flexible and adapt according to the task at hand; they can draw on both cloud and private capabilities, from the on-demand resources and latest features of the public cloud to the control and compliance associated with the private cloud.

The hybrid cloud can act as an extension of the enterprise data centre, because bidirectional portability is built in. Governance is centralised and in-house IT teams can retain visibility and control, which also helps protect security. Quite often there is no single best location for every application, and a one-size-fits-all approach does not suffice.

Blue Chip Cloud: the best of both worlds

We’re an IT infrastructure company with over three decades of experience, providing IT solutions for some of the UK’s biggest brands. In recent years, we’ve attracted acclaim for migrating companies to our hybrid cloud solution, Blue Chip Cloud.

Of course, many Managed Service Providers (MSPs) offer cloud services, but the fundamental difference for Blue Chip’s customers is the unrivalled level of customer service and support they receive. Specialist advisors guide customers on the best location for individual workloads, and complete customer environments can be delivered within 48 hours for standard workloads.

Bespoke

All businesses, including those in regulated industries, have different processing requirements and are increasingly undergoing AI testing and experimentation. Organisations can match their processing requirements to demand, saving money and safeguarding their own customers’ experiences.

Speed

Another concern regulated businesses have when it comes to the cloud, is that implementation will lead to lengthy downtime, which could threaten data security. Yet our software-defined approach means production and test environments can be delivered within 48 hours. Furthermore, high levels of automation mean you can utilise unrivalled testing facilities.

Connectivity

You gain the ability to link to other public cloud services when you have Blue Chip Cloud, which is ideal for handling less critical or sensitive workloads. This allows regulated industries to keep critical infrastructure secure in our Tier IV by design data centre.

Both market-leading data centres we own are highly sustainable.  They have a Power Usage Effectiveness of 1.13, making them some of the greenest facilities in Europe.

Security

Our data centres adhere to the highest security levels, with highly trained technical specialists are accredited to construct ‘zero trust’ environments. A variety of security software is also available through Blue Chip, including anti-DDoS and additional firewalls.

We’re PCI-accredited for managed services and our Tier IV by design data centre has seven layers of access control. Without a doubt, our facilities meet the most stringent security requirements for the payment card industry. Our engineers are on-hand 24/7 to respond to any issues immediately.

Cloud computing is no longer the future model for IT, it’s very much a part of the present. No company, including those operating within regulated industries, should miss out on the financial savings, flexibility and scalability a cloud solution offers. Fortunately, solutions like Blue Chip Cloud enable everyone to benefit without compromising security.

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