With the rise in technology, organisations had to adapt how their business operates and how they store data—a step from the traditional paper filing to cloud computing dominating organisations. The team at GCS Malta outline more detail on cloud and compliance.
One benefit to switching to cloud computing is lowering IT infrastructure costs as it provides the company more flexibility. Cloud compliance increases interoperability by making data easy to store, manage and process. In addition, data is more secure and provides quick data recovery to all emergency scenarios, both natural and power outages.
Like any other advancement, shifting to the cloud brings challenges with it too. When using the cloud, many organisations face one primary challenge: ensuring data is appropriately secured and compliant with GDPR laws and regulations. Our professionals at GCS Malta outline some factors companies need to consider to comply with laws and regulations.
- Data storage
- Access to data
- Cloud applications security
- Data retention
- Proper organisation of data to aid e-discovery
With the complexity of the regulatory environment, it is difficult for companies to compliance programs with their security goals. The following considerations can aid businesses to align their security and compliance goals;
- Know what requirements impact your business
- Conduct regular compliance risk assessments
- Monitor and audit your compliance program
A compliance program can be costly, but being non-compliant and violating a regulation is more expensive. Investing in your compliance and security will aid the company to excel in many ways, particularly with the brand’s image and increase customer trust and loyalty.