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A cloud computing customer loses physical control over its data by storing it in "the cloud," but it remains legally responsible for what happens to the data. What they fail to realize is -- they do not own their information. Again, you certainly do not need escrow and I ask you to ask yourself how many times have you said to yourself, "if only I had ."Cloud computing" can be defined in countless different ways, but it generally refers to the use of remote computer networks or resources operated by third parties to process, store, and manage data. . Everyone has a vested role in the cycle. Escrow for end-users is like insurance or peace of mind that if the software stopped working business could continue as usual. He can be reached at 912-238-2629 or mpetersen@huntermaclean.I completely understand. Small companies will often be faced with a "take it or leave it" situation. At the very least, before entering into a cloud computing arrangement, a company should conduct "due diligence" with respect to the prospective cloud service provider and its operations, investigating, for example, where the provider's data centers are located, the types of security measures employed by the provider, whether the provider will commit to third-party security assessments, compliance with third-party security standards, or the conducting of security audits, whether data will be returned at no charge in some industry standard form, etc. The common complaints that we hear are:1. There are also countless different cloud service providers, but some of the largest include Amazon.2.So you've been running your business for years and never needed escrow. Even if a release occurs typically your customer can only utilize the source code for internal purposes as the License Agreement allows.Beware of the Legal Risks of Cloud Computing Article by featured guest Milton L.Companies should carefully weigh the advantages
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