In the rush to take advantage of the many benefits of cloud storage, organisations are failing to consider the legality and security of these solutions. Dropbox, OneDrive, BT Cloud, and Google Drive are used every day by millions of individuals and organisations around the world. However, entrusting the same third-party cloud storage provider with your holiday photos and your company’s intellectual property is often unwise. If you haven’t already, it is essential to stop and think about which platform is right for your data.
Organisations must know exactly where their data will be physically stored.
One reason for this is because some data, such as personally identifiable information (originating from inside the EU), is subject to EU laws governing its storage and processing.
With the imminent arrival of the EU’s General Data Protection Regulations (GDPR) it has never been more important for your organisation to remain compliant when storing and transferring data. The regulations specify that personal data can only be transferred outside of the EU in compliance with the conditions for transfer. Fines for companies in breach of GDPR will be up to €20m or 4% of the organisations global annual turnover (whichever is greater). Getting this wrong could have serious and irrevocable consequences. Read more