Toeing the ‘fine line’ of cloud security compliance

When organizations move their data or operations to the cloud, the compliance team has their work cut out and then some, experts discussed at Compliance Week’s virtual Cyber Risk & Data Privacy Summit.

The cloud is “so much of a harder area of compliance than anti-bribery or anti-money laundering,” where certain actions are clearly prohibited and wrong, Mike Egan, a partner at law firm Cooley, said during a session at the Feb. 2 event.

In contrast, cloud storage comes with a myriad of privacy, security transparency, governance, and contracting considerations, Egan said.