Do Regulators Hate The Cloud? – Tech Tip for January 14, 2020
In line with our theme this month, we are continuing to debunk some of the most prevalent cloud myths. And this week’s myth is that the federal government and standards organizations do not trust cloud computing to protect their sensitive data.
We’re here to let you know that this perception is changing. Security in mobile and cloud services is becoming a standard. In fact, major cloud providers like Microsoft have built-in regulatory compliance standards. And more organizations are legally motivated to work with their cloud providers and provide proof of regular audits and certifications to ensure they have control over who, what, when, where, how, and why users have access to company data.
Today, there are local, state, and federal regulations (general business requirements) for any and all companies that operate or have Nexus in the United States. There are also specific regulations per industry that must be met. As a result, Data Privacy Regulations are maturing quickly with new legal and financial consequences for organizations that do not comply with cloud computing requirements.
All in all, the emergence of cloud guidelines in certain industries and the increased security standards in major cloud providers are proof that the Cloud is a more widely trusted solution for securing sensitive data. Contrary to the myth, more regulators are embracing public, private, and hybrid cloud models because of the increased security and reduction of large-scale traditional IT infrastructure investments.