How Cloud Users And Providers Can Avoid Export Violations
June 20, 2013, 12:30 PM EDT
Law360, New York (June 20, 2013, 12:30 PM EDT) -- Cloud computing is widespread and growing at a rapid pace in corporate information management because it generally is less expensive and more efficient than using internal corporate resources. But cloud services can expose users to unforeseen, complex and ill-defined export requirements and, in the event of noncompliance, to significant potential civil and criminal penalties, including substantial fines and even imprisonment.
Businesses that store export-controlled data in the cloud need to be aware that their cloud service providers may store that data not only in the U.S....