Q Advisors Represents Coeo Solutions in its Acquisition by Riata Capital Group
Q Advisors acted as exclusive financial advisor to Coeo Solutions in connection ...
19 Jun, 2013
Cloud Security Guidelines Focus on Giving Businesses Knowledge and Choice of Where Their Data can be Safely and Efficiently Stored
Chico, CA (June 19, 2013) - The International Association of Cloud & Managed Service Providers (
MSPAlliance), today announced guidelines designed to provide businesses of all sizes information and knowledge so they can make smart and informed decisions regarding how their data interacts with the cloud. The guidelines, based in part on the Unified Certification Standard for Cloud & Managed Service Providers (UCS), also utilize the MSPAlliance Code of Ethics and Conduct, as well as the Consumer Bill of Rights. "Cloud computing has opened a lot of doors for customers and the service providers who manage their IT needs," said Celia Weaver, president and co-founder of the MSPAlliance. "However, those customers do need to be aware of how cloud can also expose their sensitive data in ways they never contemplated. That's why these guidelines based on the UCS cloud standard are so important." The guidelines will be further illustrated in a white paper currently being developed that will be available to the public sometime this summer. Highlights of these guidelines include:
- Communication to businesses about location of their data
- Disclosure to the business customer of any third parties who may have a meaningful access to that customer data
- Established controls that govern how third party service providers should handle sensitive customer data
- Controls for how service providers deal with both public and private cloud environments
- Transparency requirements for service providers when communicating with customers and prospects related to sensitive data
- Ethical, financial, and security controls governing how service providers handle customer data
