Resolve The False Dilemma Between Resilience And Modernization In Banking Through Hybrid Cloud

Hybrid cloud environments offer benefits, such as minimizing third-party risks, scalability, and cost efficiency. The increase in cloud adoption for modernization efforts has introduced new risks to banks’ resiliency. To overcome the false dilemma of resilience versus modernization, hybrid cloud solutions offer a viable option. Review this Forrester survey that revealed many banks have experienced service disruptions in the past year, leading to financial penalties and compensation to customers.