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EU Privacy Panel Endorses Cloud Computing, But At A Cost

By Allison Grande (July 3, 2012, 8:25 PM EDT) -- Europe's national privacy regulators on Tuesday gave their thumbs-up to cloud computing, issuing guidance that the emerging technology could meet the bloc's stringent data protection rules, but experts say the guidance could diminish the cloud's benefits by subjecting companies to costly audits and stripping the protections of existing safe harbor frameworks....

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