Cloud providers unprepared for new EU Regs.

PositionE-DISCOVERY - European Union - Brief article

Businesses aren't the only ones not ready for the impending EU General Data Protection Regulation. Cloud services providers are far from prepared.

The first thing to note is that the new regulation will affect any organization based in Europe, operating in Europe, or handling data pertaining to EU residents. Liability for data breaches and violations of the law will be shared between data controllers (organizations that own the data) and data processors (such as cloud providers that store the data) - and the penalties can be severe. Yet only one in 10 cloud service providers is prepared to meet the new requirements, according to a study by security provider Skyhigh Networks.

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