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Paper Title

Cloud Security in Financial Services: Protecting Sensitive Data with AWS well-Architected Framework

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Registration ID: IJNRD_304247

Published ID: IJNRD2104003

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Keywords

Cloud Security, Financial Services, AWS Well-Architected Framework, Cybersecurity, Data Protection, Regulatory Compliance, Risk Mitigation

Abstract

Abstract: Cloud computing adoption in financial services operations now presents substantial security barriers that need protection for sensitive financial information. Financial institutions need to handle cyber risks as well as data breaches and regulations with operational resilience to secure the availability and integrity of their cloud-based information. Analyzing financial cloud environment protection this research examines the AWS Well-Architected Framework (WAF) as a solution for structured financial cloud security approaches. This research utilizes qualitative methods to analyze secondary data and perform case studies for assessing how AWS implements its security measures against potential risks. The research analyzes security services deployed by AWS by investigating Identity and Access Management (IAM) along with Key Management Service (KMS) and AWS Web Application Firewall (WAF) together with AWS Shield as well as CloudTrail and Security Hub within financial data protection frameworks. Financial institutions that use AWS can benefit from its comprehensive security system which grants administration control alongside data encryption features and threat defense capabilities and regulatory compliance capabilities. Financial businesses implement AWS security best practices as they conduct threat defense activities and meet regulatory compliance needs.AWS security solutions supply effective capabilities to institutions even though they face crucial security risks stemming from shared responsibility models combined with regulatory variations between jurisdictions and evolving cyber threats patterns. The research presents main findings and addresses obstacles together with suggestions which help financial organizations achieve improved cloud security as well as optimized AWS security settings. This research adds to financial cloud security knowledge which could serve as base information for future work studying cloud-based financial operation protection methods.

How To Cite (APA)

Ravi Chandra Thota (April-2021). Cloud Security in Financial Services: Protecting Sensitive Data with AWS well-Architected Framework. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 6(4), 18-24. https://ijnrd.org/papers/IJNRD2104003.pdf

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Other Publication Details

Paper Reg. ID: IJNRD_304247

Published Paper Id: IJNRD2104003

Research Area: Science and Technology

Author Type: Foreign Author

Country: Sterling, Virginias, United States

Published Paper PDF: https://ijnrd.org/papers/IJNRD2104003.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2104003

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