Global insurer Chartis targets the cyber insurance policy at MNCs in Hong Kong, Singapore, Australia and New Zealand with a minimum annual turnover of US$100,000. Limits of liability are capped at US$10 million, subject to individual risk assessment.
by: Asia Cloud Forum editors 14-May-2012
Leveraging global wisdom will be significant to the success of Hong Kong Cloud Standards Alliance (HKCSA), noted technology experts and academics at last week's inauguration ceremony of HKCSA, which was advised to "think global."
by: Sheila Lam, Computerworld Hong Kong 18-Apr-2012
Later in 2012 the long-awaited amendments to the Personal Data (Privacy) Ordinance in Hong Kong will be enacted. Although the public consultation and the [Hong Kong] Privacy Commissioner's Office suggested laws requiring those who suffered security breaches resulting in lost personal data to inform affected persons (and regulators) of the losses, this hasn't been included in the bill currently being debated.
by: Peter Bullock, Pinsent Masons 19-Mar-2012
CIOs are now convinced that when properly implemented, cloud computing can improve a firm's agility and productivity while cutting IT cost. But not every organization will benefit from cloud computing. Common mistakes include wrong cloud model adopted and loose treatment of data security.
by: Cherry Fung, Fortinet Hong Kong and Macau 07-Mar-2012
No one is certain of all the legal risks associated with enterprises storing confidential or proprietary information outside the corporate firewall -- in the cloud. However, there is growing consensus about what companies should ask cloud vendors to maintain a secure IT environment and avoid potential legal risks associated with the cloud.
by: Colin J. Zick, partner, Foley Hoag LLP and contributor, SearchCloudComputing.com 12-Jan-2012
What are the different data privacy laws in force today? Can the Chinese government seize customer data which resides in a cloud data center in Hong Kong? What actions can firms take to protect their corporate data from government seizure, such as in the name of 'terrorism?'
by: Carol Ko 03-Aug-2011
This second part of "Cloud legal issues" series discusses the role of in-house legal counsels in the process of cloud service contract negotiations, and the potential legal liabilities that lawyers should bear in mind in three unfortunate circumstances.
by: Carol Ko 13-Jul-2011
Cloud users are advised to self-assess and understand the relevant threats, controls, parameters, and metrics in any cloud SLA. Perform a risk assessment of each cloud vendor based on a wide range of criteria: legal, technical, business, service, security, governance, audit and response.
by: Carol Ko 11-Jul-2011
Microsoft may also be compelled by the US Patriot Act to keep details of any data transfer secret. This is directly contrary to the European directive, which states that organizations must inform users when they disclose personal information.
by: Jennifer Baker, IDG News Service (Brussels Bureau) 06-Jul-2011
When assessing cloud offerings, IT procurement or sourcing managers need to understand what can be negotiated relative to risk elements, what they need to pressure cloud providers to offer, and what will likely not be negotiated.
by: CFO Innovation Asia Staff 24-May-2011