Adoption of Cloud Computing model for Managing e-Banking System in Banking Organizations

Abstract

Cloud computing offers a lot of benefits, but today, cloud computing is suffering from safety hazards. Security is the client's most significant problem these days. This aim of this study is to propose adoption of cloud computing model for managing e-banking system. There are 4 stages for success adoption of cloud computing model for managing e-banking system. The cloud service models include Cloud Banking as a Service, cloud software as a service, cloud platform as a service, cloud infrastructure as a service. The cloud deployment models include four items as public cloud, community cloud, private cloud and hybrid cloud. Cloud computing issues and risks models are classified to technological factors, organizational factors, environmental factors, and operational factors. Finally, security control methods are classified to network security controls, data and storage security controls, application security control and physical security controls. Furthermore, successful adoption of cloud computing model for managing e-banking system will greatly improve the probability of cloud e-banking success in banking organizations.