FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque
WASHINGTON (Reuters) - U.S. Treasury Department officials are urging the financial sector to address potential challenges in using cloud computing services, warning in a report on Wednesday that failure to do so could leave them and their customers vulnerable.
The risk was particularly acute for small and medium-sized financial institutions, the department said.
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