Regulatory Compliance in Cloud Governance

Introduction

Cloud computing has revolutionized the way that organizations store, process, and manage data. With the shift to cloud computing, there has been a growing need for regulatory compliance in cloud governance. In this blog post, we will explore regulatory compliance in cloud governance and how it affects your organization's cloud strategy.

What is Regulatory Compliance?

Regulatory compliance is the process of adhering to laws, regulations, and guidelines set by regulatory bodies. These regulations are designed to ensure that organizations operate fairly, ethically, and securely. Failure to comply with regulatory requirements can result in legal penalties and reputational damage.

Why is Regulatory Compliance Important in Cloud Governance?

As organizations move their operations to cloud environments, they must ensure that their cloud infrastructure conforms with regulatory standards. Regulatory compliance in cloud governance is important for several reasons:

1. Ensures Data Privacy: Regulatory compliance mandates strict data privacy and protection standards. By complying with these regulations, organizations can ensure that their sensitive data remains private and secure.

2. Avoids Legal Penalty: Failure to comply with regulatory requirements can result in legal penalties and reputational damage. By complying with regulatory standards, organizations can avoid these penalties and protect their reputation.

3. Builds Trust: Regulatory compliance builds trust with customers, investors, and stakeholders. Compliance shows that the organization is committed to operating with transparency and ethical standards.

Comparison of Regulatory Compliance in Major Cloud Providers

Different cloud providers have varying levels of regulatory compliance. Here is a comparison of the regulatory compliance of major cloud providers:

As you can see, all major cloud providers have certifications for ISO 27001, SOC 2/3 and HIPAA. However, AWS and Azure have the largest number of compliance certifications.

Conclusion

Regulatory compliance in cloud governance is crucial to ensure data privacy, avoid legal penalties, and build trust with customers, investors, and stakeholders. Therefore, it is important to select a cloud provider that complies with regulatory standards to ensure the success of your cloud strategy.

References

1. Cloud Compliance & Regulations | AWS. (n.d.). Retrieved January 17, 2022, from https://aws.amazon.com/compliance/
2. Azure compliance offerings | Microsoft Docs. (n.d.). Retrieved January 17, 2022, from https://docs.microsoft.com/en-us/azure/compliance/
3. Compliance — Google Cloud Platform. (n.d.). Retrieved January 17, 2022, from https://cloud.google.com/security/compliance