The advantages of cloud computing are apparent. Not only can you free up needed space on your servers and computers, you are able to backup priceless data and effortlessly share it within your company. But when it comes to data sharing and storage for your business, you may have some questions regarding cloud security, specially if your business requires you to protect consumer data in a manner that is compliant with HIPAA, PCI or Sarbanes-Oxley regulations.

Is your cloud storage solution following these requirements? If they don’t indicate it in their privacy policies, it can be hard to tell. Let’s explore this further below.

Compliance

Cloud security has grown to be an important issue lately, as increasing numbers of companies turn to online storage solutions, looking for greater simplicity, scalability and affordability. However the price in both money and reputation for poor handling of customer data can be quite high indeed. If your business needs to comply to key regulations associated with patient privacy (HIPAA), credit card security (PCI) or the finance-sector strictures of Sarbanes-Oxley, it can be hard to find out if a service complies with these important restrictions.

Who is responsible

Who’s shoulders does the responsibility fall on? There’s no law requiring that cloud service providers reveal the degree of security they maintain. While they probably do have a respectable amount of safety protocols in place, the safest option is to take their privacy policy at face value. In this case, if you wish to stay in compliance with HIPAA, PCI or Sarbanes-Oxley, cloud computing might not be for you. Having said that, if your industry doesn’t require tight regulations, then you could take advantage of the benefits cloud-computing offers.

In the end, as cloud computing service providers are not required by law to be transparent about their security, the responsibility rests in your hands. If you choose to use the cloud, it’s your responsibility to pick a service provider you trust. Weigh the advantages and disadvantages and make the best decision for your business.