Privacy & Security / Mar 15 2024

Why European companies should use European cloud storage services

There are many reasons why European companies can benefit from using European cloud storage services for their data needs. Read about data residency and the importance it holds for European companies and about strict European data protection regulations.

In the next paragraphs, we delve into the evolving landscape of cloud storage and its important role in modern business operations. In today's digital age, cloud storage has surpassed from a convenience to a necessity for private and business users worldwide.

1. The rise of European cloud storage services

With data becoming the core of business processes, the need for secure, scalable, and compliant cloud storage solutions has never been more important. In recent years, there has been a notable transformation in the landscape of cloud storage, especially in Europe. With giant companies like Google and Dropbox are ever present in the market, a new wave of European cloud storage services, such as Koofr, is rapidly gaining popularity and momentum. This effect shows the growing importance of data residency – the idea that data should be stored within the jurisdiction it originates from.

In the next paragraphs we delve into why European data residency holds such importance for companies today. Beyond the compliance with regulations like GDPR, European cloud storage services provide a unique proposal. A combination of advanced technological knowledge and commitment to data privacy and security.

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In an era of frequent data breaches and regulatory examination, opting for a European cloud storage service presents a convincing solution for companies seeking to safeguard their sensitive business information while ensuring compliance with strict regional data protection laws in European Union.

Join us as we explore the complexities of European data residency and examine how European cloud storage services provide a secure and compliant solution customized to the needs of businesses in a data-driven world.

2. Data residency: a European concern

Data residency refers to the physical or geographical location where data is stored and is often tied to legal and regulatory requirements. It is becoming more and more important due to strict data privacy regulations in Europe, like the GDRP (the General Data Protection Regulation), which directs that the personal data of European citizens must be processed and stored within the European Economic Area (EEA) or in countries that are considered to have acceptable data protection laws. The concept of data residency thus shapes the way how companies and organizations handle and store their data.

Storing data outside Europe poses various risks, including potential government access to data under different jurisdictions, lack of control over data handling practices, and compliance challenges with European data protection laws. The risks were highlighted by a recent ruling by the European Data Protection Supervisor regarding the use of Microsoft 365 by European institutions.

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European cloud storage services offer a solution to these kinds of problems. They ensure compliance with European privacy laws and address the risks associated with storing data outside Europe. They use data centers located within the European Union that are abiding by GDPR and other relevant regulations while also using strong data protection measures. This not only reduces the risk of unauthorized access to data but also provides companies with confidence regarding the safety of their sensitive information and helps in their compliance efforts.

3. Benefits of European Cloud Storage Services for Businesses

Nowadays, businesses are increasingly turning to European cloud storage services for numerous benefits that address their compliance, data security, control, and transparency needs.

European cloud storage services play a crucial role in upholding compliance with European data protection regulations. By exclusively storing data within the European Union, they adhere to GDPR and other relevant regulations, effectively averting the risks of penalties and reputational harm stemming from non-compliance with privacy laws and regulations.

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Renowned for their strict data security measures, European cloud storage services provide a secure environment for storing sensitive business data. They offer robust encryption protocols, advanced authentication methods for gaining access to the accounts, and continuous monitoring for suspicious activity. This offers a peace of mind even to the most demanding business users.

An additional benefit of using a European cloud storage service lies in the increased control it allows users over their data. Some of the services provide users with the option to select a precise location within the EU for storing their data.

European cloud storage services prioritize transparency regarding their data handling practices, offering clear insight into how user data is stored, managed, and accessed.

All in all, they offer a comprehensive list of benefits that cater to business needs in today's data driven world. They empower businesses to use cloud storage technology up to its full potential while successfully mitigating security risks and thus maintaining the trust of its users.

4. Koofr: A European cloud storage solution for your company

At Koofr, we are committed to privacy, security, and transparency in our practices while complying with strict European privacy laws and regulations. We are dedicated to providing a trustworthy cloud storage service tailored to the needs of private and business users.

We ensure the peace of mind of our users by guaranteeing compliance with the GDPR and other relevant privacy regulations by storing all data exclusively within the European Union. This ensures that our user's data remains within the legislative framework of the European Union, mitigating the risk of regulatory non-compliance.

We prioritize the security of our users' data with robust security measures, such as data encryption at rest and in transit and robust access controls. These measures safeguard data integrity as well as its confidentiality. They protect against unauthorized access and data breaches.

We believe that transparency is a cornerstone of trust. That is why we provide clear information on our data handling practices, security protocols, and the privacy policy. Additionally, we offer regular security updates that keep users informed about changes as well as improvements to our platform's security features.

What we believe sets Koofr apart is our focus on privacy and privacy-oriented features. We employ a zero-knowledge encryption add-on, Koofr Vault, ensuring that only users have access to their data. Our user-controlled encryption keys give users full control over their data's security and privacy, enhancing confidentiality and trust in our service. With Koofr, your data is in safe hands.

Data residency holds significant importance for European companies due to stringent data protection regulations in the EU that require companies to store the personal data of EU citizens within the European Economic Area (EEA) or countries with similarly strict data protection laws. European cloud storage providers offer a compelling solution to meet data residency requirements while providing many benefits to their business users.

They safeguard sensitive information against unauthorized access and data breaches with high-security standards. They offer encryption, access controls, and regular security audits to protect data integrity and confidentiality. But the advantages of using European cloud storage services extend beyond compliance and security. They offer businesses greater control over their data, access permissions, and encryption keys. They prioritize the transparency of their practices, providing clear insight on their data handling practices and security protocols, fostering the trust of their users. In conclusion, European companies can benefit immensely from using European cloud storage services for their data needs.

Do you use a European cloud storage service? Share your thoughts with us on the Koofr subreddit!

We also published a Slovenian version of the same article for those who prefer to read it in that language.

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