National Australia Bank is more comfortable storing its banking applications inside data centres managed by Google, Microsoft and Amazon than using its own data centres.
That's because the technology giants' massive investments in cyber-security dwarf what a bank could spend.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
