Privacy and Data Security Risks in Cloud Computing
Cloud computing raises complex legal issues related to privacy and information security. As legislators and regulators around the world grapple with the privacy and data security implications of cloud computing, companies seeking to implement cloud-based solutions should closely monitor this rapidly evolving legal landscape for developments. In an article published on February 3, 2010, Lisa Sotto, Bridget Treacy and Melinda McLellan explore U.S. and EU legal requirements applicable to data stored by cloud providers, and highlight some of the risks associated with the use of cloud computing.
Interesting Article. I just read in another very informative post that the German legislator has introduced very strict requirements to cloud computing agreements, with the effect that certain clauses have to be included. Otherwise administrativ fees of up to 50,000 Euro (!) can be imposed.
Link:http://www.thomashelbing.com/en/amended-german-data-protection-law-requires-new-agreements-data-processors