A group of financial institutions decides to create a shared cloud environment to run a collaborative fraud detection platform. This environment is for their exclusive use and must adhere to strict financial regulations. Which of the following is a key characteristic required for the successful operation of this environment?
Exclusive hosting on public infrastructure accessible to any interested organization.
The complete avoidance of collective oversight to ensure each institution's autonomy.
A governance framework established and agreed upon by all participating institutions.
Management controlled by a single, dominant institution to simplify administrative tasks.
A community cloud is a deployment model where infrastructure is shared among several organizations from a specific community with common concerns, such as security, compliance, and mission. A critical component of a successful community cloud is a shared governance model where the participating organizations collectively define roles, responsibilities, and operational policies. This collective oversight is necessary to manage the shared resources effectively, ensure regulatory compliance, and align with the mutual interests of all members. Avoiding collective oversight, using a public cloud, or having a single member manage the environment contradicts the fundamental principles of a community cloud.
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