A New Conceptual Framework Modelling for Cloud Computing Risk Management in Banking Organizations

Despite much research and progress in the areas of cloud computing project, many cloud computing projects have a very high failure rate when it comes to the banking organizations.The aim of this study is to propose a new conceptual framework modelling for cloud computing risk management in banking organizations.There are the main five stages for a successful cloud computing framework in a banking organization as described in Figure 1: Cloud mobility and cloud banking applications, cloud service models, cloud deployment models, cloud risk management models, and cloud security models.As a future work, we will apply the framework in the real banking world to mitigate and control the security issues.A successful framework modelling for cloud computing risk management will greatly improve the probability of cloud computing success in banking organizations.