Cloud Escrow: Ensuring Business Continuity - A Release Event Study

As organizations move critical applications to the cloud, managing third-party supplier risks is crucial. A leading financial institution safeguarded a cloud-hosted employee platform by implementing an Escrow as a Service (EaaS) Replicate Agreement with Escode. This agreement ensured the institution could maintain the platform if the vendor failed. When the vendor went into administration, the institution invoked the EaaS agreement, accessing source code and build reports, allowing smooth in-house platform maintenance and uninterrupted HR services. This case study underscores the importance of robust third-party risk management and effective escrow solutions.

Vendor:: NCC Group
Posted:: Dec 12, 2024
Published:: Dec 12, 2024
Format:: HTML
Type:: Case Study

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