Understanding How a Bank can Fail
The Cloudcast
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Cloud Computing - What's Going to Happen With Silicon Valley Bank?
In the banking industry, we will talk a little bit about the concept of insurance of banking deposits. There's some parallels there, right? If you are concerned about your data or whether a cloud provider will stay up, there are opportunities for you to buy insurance that if the cloud provider fails or loses your data,. That could be the case in anything. What happened with Silicon Valley Bank was they announced their quarterly earnings. They highlighted that some part of their portfolio had been valued lower than it had previously been.
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