Cloud Contracting Risks

Cloud adoption is rapidly increasing, many organisations struggle to establish a sustainable contracting process. The one-size-fits-all aspect of cloud computing is often reflected in the limited flexibility of cloud service providers during contract negotiations. More and more organizations are left with the choice of signing standard terms and conditions. This strongly increases the need for organizations to define their contract requirements prior to selecting a cloud solution. The specific types of data (e.g. confidential data, privacy sensitive data) to be stored in the future cloud service, the related risks and applicable legal domains (e.g. data privacy, trade controls) should determine the contract requirements. These requirements have to be taken into account in order to ensure compliance with laws and regulations after accepting any terms and conditions.

Language: English • Duration: 56:09 • Resolution: 1920x1080

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