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Today’s many compliance regulations leave almost every company scrambling to keep up, but highly regulated industries can find themselves in a difficult situation that limits their competitive stance because traditional IT practices suggest that security is best achieved with in-house data centers managed by in-house teams. Increasing evidence demonstrates that cloud vendors such as Oracle Cloud now offer nearly bulletproof security that often outperforms even the best on-premises setups, but managing security in the cloud is still a worry for some IT decision makers.
Placing your business data and processes in the cloud can expose you to additional risk, but at this point, more than 50% of companies have decided that the cloud’s definite benefits outweigh its potential risks. These companies have decided to place their primary data infrastructure on the cloud – and they’re not the only ones. In fact, today’s smartest companies have decided to trust the cloud for their business platforms, software, and infrastructure, and they’re maximizing their protection by taking advantage of multi-cloud usage.
Here how you can ensure security for your business data as well.
When you’re choosing your multi-cloud environment, you must remember that not all cloud vendors are the same. Some focus on compliance in healthcare, some focus on financial compliance, and some don’t focus on regulatory compliance at all. (Those vendors are rare now, though.)
As you’re contacting various cloud vendors, ensure that the solutions you’re interested in have the right certifications for your industry and that they integrate with security solutions that fit your needs. While you’re calling around, check to see if independent consultants offer additional security solutions that the vendors don’t typically offer, such as multi-factor authentication options.
First, before you ask cloud vendors about their data protections, consider your own data protections. Do you have a 24-hour security guard watching your servers at all times? Do you have a 24-hour IT team to monitor your system? Are you up to date on your patches and backups? Do you have a fast, easy-to-use disaster recovery or business continuity solution in place?
If you answered yes to all those questions, you can consider yourself in the very small minority – and you should congratulate yourself too! Most businesses don’t have a reliable backup solution, much less a 24-hour guard and comprehensive threat protections. However, any good cloud vendor will typically offer those services for their solutions. (Note, however, that IaaS leaves you to perform your software maintenance yourself.)
Compliance doesn’t simply require a strict adherence to reporting and rule-following, it also requires you to know what’s going on with your systems at all times. It requires transparency and complete oversight, including the ability to log audit trails and keep track of all your integrations. Setting up an in-house governance plan is difficult and managing your governance policies can take up a lot of administrative time.
Cloud and multi-cloud environments can ease the burden with automation and built-in IT checkups, but they can also complicate the issue because transparency and oversight will require comprehensive, fail-proof, aggregated reporting for all the cloud systems you’re currently using and exploring.
If you’re in a highly regulated industry, your best bet is to talk about your needs with the vendor and then hire an expert cloud consultant to help you plan your governance framework as you build your multi-cloud environment.
At your business, you may sometimes worry about your data security and network uptime when have time to think about it. For cloud vendors, their job is to worry about your data security and network uptime – 24 hours a day, 7 days a week. Their daily focus is keeping your business up and running at all times because their reputation relies on the continued successful performance of your cloud solutions.
If you’ve been hesitating on your cloud transformation because you’re worried that you won’t be able to meet compliance requirements or because you’re worried about data reliability, it may be time to reconsider. Take the time to contact and speak with a few cloud vendors, such as Oracle Cloud, Microsoft Azure, and Amazon Web Services, and learn how they can protect your data, ensure regulatory compliance, and guarantee global uptime. Ask them specifically about your needs and see if they have the ability to meet those needs.
You may be surprised.
Like all things cloud, your choice of vendor, cloud service, and IT services model is entirely your choice. The power is always in your hands.
However, as they say, “With great power comes great responsibility.” It’s up to you to make the right cloud choices for your specific needs and objectives – but you don’t have to make those choices alone.
For the past 20 years, Centroid has helped a wide variety of companies find and implement technology that makes sense for their organizations. As one of the most experienced cloud partners in the Oracle ecosystem, Centroid offers unique insight and integration opportunities for Oracle Cloud IaaS, PaaS, and SaaS solutions – so your company can be assured you’ll have the right solution for your needs, both now and in the future.
Many of today’s leading companies, including Toshiba, Subaru, and Overstock.com, have added Oracle cloud capabilities to their multi-cloud environment setup by partnering with Centroid. Learn if your organization could benefit from an Oracle cloud system when you contact the Oracle Cloud Experts.
Contact Centroid online or at (877) 868-1753 to set up your multi-cloud consultation with a cloud expert today.
Centroid is a cloud services and technology company that provides Oracle enterprise workload consulting and managed services across Oracle, Azure, Amazon, Google, and private cloud. From applications to technology to infrastructure, Centroid’s depth of Oracle expertise and breadth of cloud capabilities helps clients modernize, transform, and grow their business to the next level.