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The knock-on effects of GDPR and the cloud

12th May 2017
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The EU General Data Protection Regulation (GDPR) will affect a lot of industries. It's hard to see how everyone is going to handle it considering it's still terribly misunderstood. For example, if you asked a small business in America about the new law they might not think it applies to them. It does if they have any EU customers even if they're not based in Europe. It's going to rock the cloud computing industry, which is built on storing (and sharing) data from customers all over the world. Let's take an in-depth look at the dangers it might face.

The Cost Of Cloud Computing Could Increase

At this moment in time, everyone has a good idea where cloud computing costs originate from. It's going to change everything when the General Data Protection Regulation requires companies to do more work.

It's not like they'll be able to avoid it. With fines that could reach over a hundred million dollars cloud computing companies will be walking on eggshells. It has the potential to rip certain providers apart.

You can't expect a business to absorb the extra costs involved. It's always going to trickle down to the customers even if it's only a slight price hike. Maybe it will affect the amount of data you can store free of charge very soon.

They'll Have To Rewrite The Rulebook

One of the biggest things associated with the EU General Data Protection Regulation is 'the right to be forgotten'. Individuals have the right for their data to be completely erased. Around 63 percent of cloud providers store data indefinitely right now, plus they have absolutely zero mention of this inside their terms and conditions. It's because they've never actually needed it before.

A further 23 percent of providers state in their terms and conditions data can be shared with third parties. Everything will need to be rewritten from the ground up to make sure the new law isn't breached.

Developing Future Full-Proof Systems

Existing cloud providers will be affected most as they're already established. In fact, nonexistent companies of the future will be able to build full-proof systems to ensure every last piece of data is wiped clean rather easily.

Current cloud computing companies will need to change everything about the way they store data, which revolves a lot around backups. When you store multiple copies in various locations they'll be harder to find.

The metadata companies currently collect about individuals will have to increase. This will enable them to find and delete data before they've developed their full-proof system.

A Lower Amount Of Customer Data Stored

The cloud computing industry is no different from any other in the world, which we've already mentioned when talking about the data they share with third parties. Everything revolves around helping marketers.

You'll know what it feels like when you're being followed around the internet and companies can tell exactly what you want. This process is improved when companies collect more data about customers. One easy way to avoid any EU GDPR upsets is by only collecting data deemed absolutely necessary these days. With less information on hand it will make it easier for cloud providers to handle everything properly.

Blockchain Technology Could Come Quicker

Blockchain technology has already disrupted the financial world. Most people don't even know it's the very thing Bitcoin is built upon. It wants to break into cloud computing and we might see it happening soon. The technology effectively decentralizes everything and leaves individuals in charge of their own identity. It's also more secure than anything you've ever seen in your life.

People will have a place to store their data and a secure way to access it. They'll get to decide who else can access their data, which is one of the reasons the General Data Protection Regulation was created to begin with.

We'll Start To See Changes Very Soon

The EU General Data Protection Regulation comes into effect roughly one year from now, so expect changes very soon if they're not underway already. The consequences are too extreme to ignore.
Luckily it's only going to be cloud providers struggling to get everything up to speed. Ordinary individuals taking advantage of the cloud are unlikely to notice anything has changed if we're being entirely honest.

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