Experts say that transitioning to the cloud is a trade-off due to risk of infrastructure breaches, yet this could be mitigated if the industry increases cloud security adoption, something often hampered by regulators.
"Human error [is] the cause of most cloud security breaches...and can be mitigated by zero-trust models that in part demand everyone using a bank's WiFi network is constantly checked and validated."
https://www.ft.com/content/2b36a642-bda5-4e43-9747-2175c4d72fd0