In: Accounting
List three things that you would look for in a cloud service contract, why you believe they are important, and what evidence the cloud service provider must provide to prove these three things are satisfied.
Solution:-
List three things that you would look for in a cloud service contract, why you believe they are important, and what evidence the cloud service provider must provide to prove these three things are satisfied:-
One thing that should be mentioned when doing the contract is the security of the cloud and to ensure and look into that all information will be safe and not hacked.
Another thing that should be looked for is the data amount available and to make sure that when needing more cloud space, it is not to expensive to where the cost of going to the cloud is more than staying hard wired.
Lastly you should look at the Legal Protections. Specific terms relating to Indemnification, Intellectual property rights, Limitation of liability and warranties should be standard terms in providers’ contracts. However, the parameters relating to each should be scrutinised. Typically these protections are often the most hotly contended as customers look to limit their exposure to potential data privacy claims following a breach and at the same time providers look to limit their liability in cases of claims.
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