Demystifying cloud contracts
Cloud computing can be an efficient and cost-effective way to share information within a company, but for the storage of confidential information, there are potentially serious legal consequences. Rick Bortnick and Nicole Moody advise
Cloud computing is the storage of data on remote computer servers and the sharing and transmittal of such information by way of the internet. Use of the cloud enables both businesses and casual users to maintain as much or as little electronic data as they wish on a third party’s mainframes without the need for or the expense of having to buy and maintain their own hardware systems.
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