What Risks Canadian Businesses Should Know Before Using the Cloud : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

What Risks Canadian Businesses Should Know Before Using the Cloud

February 14, 2014

What Risks Canadian Businesses Should Know Before Using the Cloud
Paper42 Logo

Saint John, NB (RPRN) 02/14/14 — Files on the Cloud?", the art of storing and sharing files on the internet and accessible anywhere using any device such as laptops, mobile devices, tablets etc… is a trending phenomenon with incredible benefits. But with the latest reports of corporate espionage in the news, storing your files on the cloud is also an incredible risk.

If you are not familiar with the internet cloud or cloud file sharing, it is basically a means for people to store their files on the internet, and have them synchronized on all of your devices.  For example, if you have several mobile products, you could use the cloud to store your pictures and have them accessible on all of your devices automatically. There’s no need to copy, paste, move etc… That means of transferring files is thing of the past. With the cloud, it just does it for you without even looking.

In addition, the cloud is fantastic for groups of people who need to collaborate on files. Sharing files with colleagues so everyone can have access to the latest document is easy on the cloud. But the real bonus is that you do not need to invest is large back up servers, hardware equipment, or virtual private networks…that goes away too, the cloud has its own infrastructure, all you need is a internet connection and an app for each device. Many say the cloud is the miracle solution of the information era.

Cloud file sharing is great, but a miracle solution for sharing, storing and collaborating files might be an exaggeration. There are drawbacks to cloud file sharing….Ever wonder where these clouds exist? In some cases, it is a local server providing all the cloud service, in other cases, it is a combination of servers spread out in different locations.  One aspect many

What Risks Canadian Businesses Should Know Before Using the Cloud
Kevin Belyea, CEO of Paper42
of us are not aware of is that your data is under the jurisdiction of the country it is stored in. For example, if your data is stored in Canada, then the cloud service provider must operate under the rules and regulation of Canada. But what if your data is stored in another country with less stringent privacy laws such as India or Mexico? Sensitive information, such as medical and/or financial data, stored on a cloud outside of Canada can be a liability.

“Storing your data outside of Canada removes it from the protection of Canadian Privacy Laws, some of the most stringent in the world.   Certain industries, such as Legal, Medical and Insurance firms, are required to keep their data within the borders of Canada, while many others see it as a critical component in their IT Strategy,” explains Kevin Belyea Founder and CEO of Paper42, a Canadian file cloud company in Saint John NB.

“We came up with the idea of Paper42 because many organizations we talked to were extremely apprehensive and worried about the idea of storing their information on the cloud due to the fact that their financial or medical information could be stored in another country without their knowledge”, describes Kevin.  Furthermore, Kevin states that storing files without the protection of Canadian protection laws has the potential to create a lot of harm to businesses and individuals across the country. “If businesses are storing their information on a cloud outside of Canada, it is possible that they might be leaking sensitive information about Canadians and/or Canadian market without them even knowing about it”, explains Kevin.  “Who knows what leaked information could be used for? But it is safe to state that no one does data mining for free these days”, says Kevin.

Media Contact Name: Dino Karatzios
Media E-mail:
Media Phone: 506-650-0888
Media Web Address: http://www.paper42.ca
Company Contact Name: Kevin Belyea
Company Web Address: http://www.paper42.ca
Main image credits: Kevin Belyea
Body image credits: CINDY WILSON/TELEGRAPH-JOURNAL
Click here to see all news from this author/company

Filed Under: BREAKING NEWS, BUSINESS NEWS, Technology, CANADIAN NEWS, EDUCATION, ENTERTAINMENT, ENVIRONMENT, Health and Fitness, Human-rights, Lifestyle, MARKETING, ADVERTISING, PR, Politics, SPORT NEWS

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

yWorld a New Vancouver Based Tech Company Launches Innovative Digital Conferencing Platform

Vancouver, B.C. 07/30/14 · Vancouver-based yWorld is pleased to announce that they...

Ste. Anne's Spa Nominated for Favourite Wellness Property in Canada

GRAFTON, ONTARIO 07/29/14 · Spafinder Wellness 365™ announced that Ste. Anne's Spa...

The new language exchange app is here! As easy as learning Chinese!

SAN FRANCISCO 07/23/14 · The new language exchange app ‘Social Language’ is now...

Xpressivo live on KickStarter! Get a Jolt!

SAN FRANCISCO 07/23/14 · Xpressivo: Start It Up!   Get a jolt today! Xpressivo’s new...

What’s better than distributing your press release to tons of outlets? Guaranteed AP Media Coverage!

San Francisco/Montreal/London 07/23/14 · Distributing your press release with GUARANTEED placement in...

Xpressivo: Bringing Coffee Back

SAN FRANCISCO 07/17/14 · Espresso drinkers – get excited! Now even the most...

Designz23 presenta SEO, avisos Google, Pago Por Click, sitios aptos para mĂłviles

Allentown Y Bethlehem, PA 07/16/14 · – Designz23.com se complace en ofrecer lo último...

Remapping and Insurance: What You Need to Know

LONDON, UK 07/14/14 · With turbodiesels often getting some of the very...

Are Canadian consumers getting fleeced by the life insurance industry?

Halifax, NS 07/08/14 · Consumers have had enough and they want to...

Open Casting Call for W Network’s New Reno Competition Series Game of Homes

VANCOUVER, B.C. 07/08/14 · Casting underway in Vancouver W Network and Great Pacific Television are looking...

Vegan Recipe Cookbook Celebrates 70 years of Vegan

London, UK 07/08/14 · London based health and nutrition consultancy Foods for...

Discover the Benefits of Grand Estates Auction to the Buyer

Charlotte, NC 07/07/14 · Benefits of Grand Estates Auction to the Buyer...

Why Are Brokers considering Grand Estates Auctions? Discover the benefits

Charlotte, NC 07/06/14 · The Benefit of Grand Estates Auction to the...

Grand Estates Auction Company presents Music City Glamour

Nashville, TN 07/05/14 · Redisvoer Music City Glamour: Nashville, Tennessee Nashville is more...