The Impact Of Cloud Computing On Data Compliance
Grazed from GlobalBankingAndFinance. Author: Ron Miller.
It might have been a buzzword within the IT industry for some years now but more recently we’ve seen the mainstream appetite for – and adoption of – cloud computing rise significantly. Whether it’s public, private or hybrid services, the promise of greater flexibility, scalability and cost-effective pricing models has been too enticing for many businesses to ignore.
The flipside, however, is that as a result of the Cloud, we’re also seeing a number of companies coming under scrutiny for their data protection and compliance policies. It’s the CIOs that are leading the charge here, as they become increasingly concerned over the security of their mission-critical data. There is the perception that many ‘cloud’ vendors (and that’s including those companies that have simply rebranded an existing solution to jump on the bandwagon) are failing to provide a comprehensive view on where data is being stored and the information security management framework that’s in place…

