When organizations move their data or operations to the cloud, the compliance team has their work cut out for them and then some experts are discussed at the Compliance Week Cyber Risk and Data Privacy Virtual Summit.
Cloud is “a much more difficult compliance area than anti-bribery or anti-money laundering,” where some actions are clearly prohibited and wrong, Mike Egan, a partner at Cooley law firm, said during a hearing in February. 2 happened.
In contrast, cloud storage comes with myriad privacy, security transparency, governance and contracting considerations, Egan said.
