Cloud storage is becoming a popular way for companies to store their data. It helps manage the data, accesses it from any device, and reduces costs. But what happens when the cloud provider is based in another country?
What is “data residency”?
Data residency refers to where your data is stored. Data storage policies in the United States often require companies to keep their data within the country’s borders. As a result, if you want to keep your data in a cloud, it can’t be stored outside the United States–even if you are storing data for other companies that don’t have those same restrictions.
Critical considerations for data residency
The term “data residency” refers to the location of where your data is stored. There are two types:
– Data residency in a specific country may follow the laws and regulations of that country, making it more difficult for other countries to request access to your data.
– Data residency in multiple countries means your data will be stored in different regions, which can be helpful if one country’s law conflicts with another’s.
Data residency is something that every company needs to consider. If you’re unsure how or where to store your data, it’s essential to start working on this before you experience a problem.
Cloud storage compliance
Data residency is a term that refers to where the data of your company may reside. The location of the data can affect how you and your employees can use it.
If your company stores its data overseas, this could create legal challenges for your business. The U.S.-EU Safe Harbor Framework was an agreement that allowed U.S. companies to keep their European customers’ data overseas with some key stipulations:
-Companies had to self-certify with the Department of Commerce
-They had to comply with self-regulatory principles
-They had to follow other international standards for privacy protection
Cloud storage data
Companies that use cloud storage need to take note of data residency laws. The location where the company stores its data may not be the same as the country where the company is located. The data residency law that applies to your business will vary depending on where your business is headquartered, and it may also depend on what type of IT policy you have in place.
Although this topic can seem complex and confusing, there are some basic steps any company can take to become compliant with its specific policies:
1) Determine whether you require where data should reside.
2) Determine whether you need compliance with any other regulations about how cloud providers store or transfer customer information.
3) Research any cloud providers your company uses and find out which jurisdictions they store customer information in.
Data residency refers to the location of a company’s data storage centers. To maintain compliance with data residency regulations, you will need to determine what data is stored in the United States and what information is stored outside of the country. The majority of cloud storage providers offer customers the ability to store their data in various countries. However, many of these providers will not provide customers the option to store their data in the United States specifically.