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Article
Europe Faces Rising Systemic Risk from Deepening Cloud Dependence
European banks are facing growing systemic risk from deepening dependence on global cloud providers. Regulators warn that concentration, vendor lock-in, and geopolitical tensions could amplify disruptions, prompting calls for stronger oversight, technical safeguards, and long-term strategies to build greater digital resilience and autonomy.
Feb 10, 2026
Center for Financial Professionals ,
Tags:
Regulation and Compliance
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
- Financial
institutions have shifted from owned infrastructure to deep cloud
dependence
- Concentration among
global providers amplifies operational and systemic risk
- Vendor lock-in limits
banks’ ability to exit or adapt
- Geopolitical tensions
add a new layer of uncertainty
- Regulators now expect
control across entire outsourcing chains
- Short-term steps can
reduce fragility and improve optionality
- Long-term digital
autonomy requires coordinated European action
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