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A financial institution is planning to migrate its operations to the cloud to improve service delivery. The institution handles highly sensitive customer data, requiring strict security measures and compliance with global standards such as GDPR and PCI DSS. It also aims to optimize operational costs while ensuring the scalability of its customer-facing applications. Considering these requirements, which of the following statements best evaluates the suitability of public, private, and hybrid cloud models for the institution? (Choose two options)
A
Public clouds are the most cost-effective and scalable solution for all organizations, automatically complying with all regulatory standards without the need for additional security measures.
B
Private clouds provide enhanced security and control, making them ideal for managing sensitive data and meeting strict compliance requirements, though they come with higher costs and limited scalability compared to public clouds.
C
Hybrid clouds offer a balanced approach by leveraging the security benefits of private clouds for sensitive operations and the cost efficiency and scalability of public clouds for less critical applications, despite the complexity of managing both environments.
D
The choice between cloud models is insignificant as all models equally meet the needs for security, compliance, cost optimization, and scalability, making the decision purely subjective.
E
None of the above.