Privacy-preserving smart data storage for financial industry in cloud computing

Meikang Qiu*, Keke Gai, Hui Zhao, Meiqin Liu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

22 Citations (Scopus)

Abstract

The recent booming development of cloud computing has enabled a dramatical revolution for current enterprises to create values. Numerous benefits of utilizing cloud services are enhancing the efficiency of improving or creating new businesses. This trend is also associated with the rapid growth of the wireless networks, such as 5G. However, the great increase of deploying clouds also leads to new concerns in data security. One of the major concerns is private leakage that derives from insiders' malicious operations or attacks. This problem has raised a great restriction for financial firms to execute cloud applications. Focusing on this issue, we propose a new solution, entitled Privacy-Preserving Smart Storage (PS2) model that targets at solving the privacy leakage problems within the existing threat models. The proposed approach uses a novel distributed data storage method to prevent financial enterprises from insiders' massive data mining-based attacks.

Original languageEnglish
Article numbere4278
JournalConcurrency Computation Practice and Experience
Volume30
Issue number5
DOIs
Publication statusPublished - 10 Mar 2018
Externally publishedYes

Keywords

  • FinTech
  • cloud computing
  • cloud storage
  • data security
  • privacy

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