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Daily Dashboard | Regulatory Group Set To Endorse Cloud Practices Related reading: CFPB releases Consumer Protection Principles on financial data sharing


The New York Times reports the European Commission's Article 29 Working Party is set to endorse cloud computing as legal under the continent's privacy framework. According to the report, the group will recommend that large businesses and organizations police themselves to ensure that personal data is protected in remote locations. The Article 29 Working Party will also reportedly note that cloud computing will encourage innovation and promote economic efficiency, reflecting a new approach by European officials. A representative from a cloud service provider said he hopes the recommendations "will allow people to take advantage of the a controlled way." (Registration may be required to access this story.)
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