New Cloud Laws Needed For Business Data
Legal, regulatory and compliance issues are often cited as the biggest barriers to the adoption of cloud computing services. And, after a rummage through the books looking for cloud laws, this is no surprise.
Cloud computing will inevitably open up this proverbial can of worms; as soon as an organisation outsources its data storage to a third party, in this case a cloud provider, there are serious considerations to be made. A lot of personal data has restrictions over exactly where it can be stored. Some must be kept within the country, some within the European Union. Furthermore, financial data must be stored for at least seven years while European data-sovereignty laws also require organisations to keep all of their customer data in the customer’s own country. This can become very difficult for international companies.