Rachel Blake covers the UK government’s announcement of four major global cloud services—Microsoft Ireland Operations Limited, Google Cloud EMEA Limited, Amazon Web Services EMEA SARL, and Oracle Corporation UK Limited—being designated at Critical Third Parties (CPTs).
The decision is designed to help strengthen the UK’s financial system’s resilience, an industry becoming increasingly reliant on cloud services. Their goal is stability and security in their financial system in order to foster economic growth.
Though only four services are currently designated CTPs, the initiative is a rolling regime and more may be added as they become necessary.
Read on to learn more.
