Compliance and Risk Management
Once data is off-site, an organisation may lose visibility and control but will still be responsible when it comes to regulatory compliance. In the cloud, logging and data for lots of clients can be hosted in the same place, unsegregated, or spread across a range of datacentres. The customer may not even know what country it’s stored in.
This will be no excuse for not meeting UK or European data protection requirements. Investigating potential breaches of law or regulation – such as rules on financial transations - could be difficult. In some industries, and for some processes audit trails are essential – this could help to dictate what you do and don’t put in the cloud.
Sep 24, 2014
KPMG will offer financial processing on Oracle Cloud
Jul 18, 2014
Financial data company debuts information archiving and compliance as a service
Jun 24, 2014
Cloud security company gets big name backer in its second successful funding drive
May 22, 2014
Big Blue's new analytics software hopes to grow customer engagement with partners and suppliers
May 15, 2014
IBM launches cloud service aimed at improving collaboration and processes between organisations
Jul 7, 2014
Is excessive bureaucracy killing cloud standards? Can you work without them?
Jun 13, 2014
There are signs that the take-up of cloud-based ERP is already waning, so how should CIOs proceed?
May 6, 2014
The European Commission is acting tough on all aspects of cloud: businesses need to get clued up
Mar 31, 2014
The introduction of Salesforce1 has meant the company can better meet customer demands
Jan 6, 2014
Does the the EU get cloud? Many observers fear its well-intentioned policy will slow up the market