The National Institute of Standards and Technology (NIST) has identified 23 novel security and compliance challenges inherent to multi-cloud environments. While using multiple providers mitigates single-point-of-failure risks, it significantly increases operational complexity in identity management, vulnerability tracking, and incident response. These factors pose distinct threats to the security and regulatory compliance of financial institutions.
Relevant URL: https://www.infosecurity-magazine.com/news/nist-risks-multi-cloud/