• 1 Sindhu.A,
• Naveena.V,
• Shalini.M

Banking has traditionally been a conservative industry with regard to adoption of newer technologies due to the sensitivity of the banking business. Cloud computing is an obvious option for banks in order to have efficient and cost effective IT strategy. In the recent past we have seen some traction and adoption of cloud services in the banking and financial markets space in India; however, the degree varies based on the appetite for operational cost reduction and openness towards adoption of newer technologies. This Paper, in addition to discussing the legal environment prevailing in India, discusses security requirements at length and the security remediation measures and security controls. This Paper provides insights so that management of various banking institutions can embrace and adopt cloud computing and exercise appropriate governance and oversight for successful business benefits realization at acceptable risk.

Cloud computing in banks, Essential, Reason, Benefits.

"Best Practices For Security In Cloud Adoption By Indian Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.294-295, December-2018, Available :http://www.jetir.org/papers/JETIRP006066.pdf

"Best Practices For Security In Cloud Adoption By Indian Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp294-295, December-2018, Available at : http://www.jetir.org/papers/JETIRP006066.pdf