EU Privacy Panel Endorses Cloud Computing, But At A Cost

Law360, New York (July 03, 2012, 8:25 PM ET) -- 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.

Despite the acknowledged economic and societal benefits of cloud computing, wide-scale deployment of cloud computing services can trigger a number of data protection risks — mainly a lack of control over personal data and transparency...
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