Issues related to data protection (RODO) and the use of popular cloud-based services have a lot in common. The main link between them is data. The use of the cloud is very beneficial for companies and organizations, especially those involved in the financial sector.
For private use, the RODO does not restrict us in any way, but if we are a company and use the cloud for processing regarding our customers, we have to deal with certain restrictions and risks. The RODO itself doesn’t prohibit the use of the cloud, as we won’t find any mentions excluding any technology for data processing, but when operating in the financial sector we need to take into account some guidelines.
How important in terms of RODO is the choice of cloud?
Cloud computing service involves providing workspace in a virtual rather than physical way. Such a solution offers a lot of advantages, because, for example, a company doesn’t have enough processing power, and doesn’t have the resources or space to create its own environment to enable a certain type of data operations.
A solution that involves the creation of its own computing structures is a private cloud, the advantage of which is that the company does not outsource data processing to anyone and the information processed in the cloud remains under the direct control of the administrator. Another solution is the public cloud, which as a service is provided and managed by third parties.
The advantage of this solution is that it saves space, time and reduces the cost of using such a cloud. The disadvantage, on the other hand, is that the company makes information about its customers available to other parties, which may involve penalties for disclosing information that should not be disclosed.