Treasury and the Financial Services Sector Coordinating Council Publish New Resources on Effective Practices for Secure Cloud Adoption

WASHINGTON – Today, the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption journey. These deliverables are the result of a year-long public-private partnership of the Financial and Banking Information Infrastructure Committee (FBIIC) and the FSSCC.To provide leadership support for this joint effort the U.S. Department of the Treasury established the Cloud Executive Steering Group(CESG) in May 2023 at the direction of the Financial Stability Oversight Council (FSOC), to help close the gaps identified in Treasury’s landmark report on the Financial Services Sector’s Adoption of Cloud Services.