Cloud Computing Negotiations Require Risk Managers’ Attention

July 12, 2017 | Risk Management News

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​As cloud computing is increasingly used in the healthcare sector, the risk that sensitive patient information will get in the wrong hands also climbs. Risk managers must ensure that the risks from cloud computing are addressed in the contracts their organizations negotiate with cloud computing vendors, says a June 28, 2017, article from the Australian law firm McCullough Robertson. Although the article describes privacy laws and regulations that are specific to the healthcare sector down under, the cloud computing risks and possible risk management strategies that it summarizes are universal. Cloud computing enables computer users to store and access data from the internet instead of from a computer's hard drive.

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