• Ben Stiller
• July 17, 2023
• Home Buyer
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Cloud document management has become increasingly popular/necessary for both personal and business use, offering convenience, accessibility, and scalability. However, robust security measures must be in place to entrust sensitive information to a cloud-based document storage platform.

This article explores the elements needed for a competent and trustworthy cloud-based document storage platform. By understanding the security parameters that should be in place, individuals and businesses can make informed decisions and have confidence in their choice of cloud platform.

What to Look For in Cloud Security: Sound Infrastructure

An essential aspect of cloud security is strong/uncompromised data encryption. Look for a cloud document management platform with robust encryption algorithms, such as AES (Advanced Encryption Standard). Data should be encrypted both during transmission and while at rest in the cloud storage. Additionally, ensure that the cloud provider has strict privacy policies, including adherence to relevant data protection regulations, to protect the confidentiality of your sensitive information.

A competent/trusted cloud platform should have robust access control. It should allow for granular user permissions, enabling administrators to define roles and restrict access based on user responsibilities. Multi-factor authentication (MFA) should also be available to add an extra layer of security, requiring users to provide additional verification beyond a password, such as a unique code generated on a mobile device.

What to Look For in Cloud Security: Routine Maintenance and Transparency

Trusted cloud providers regularly conduct security audits and assessments to identify vulnerabilities. Look for platforms that adhere to widely recognized security frameworks, such as ISO 27001 or SOC 2, which validate the provider's commitment to high-quality security. Furthermore, Compliance with data protection regulations, such as GDPR (General Data Protection Regulation) or HIPAA (Health Insurance Portability and Accountability Act), is particularly crucial for handling sensitive information.

Additionally, competent cloud document management platforms should have strong threat detection capabilities. Look for platforms that employ advanced techniques, such as intrusion detection systems (IDS) and intrusion prevention systems (IPS).

Doing One’s Due Diligence

Individuals and businesses can mitigate risks and maintain the confidentiality, integrity, and availability of their sensitive information by seeking a robust provider that provides: privacy, access control, user authentication, security audits, secure data transfer, storage, threat detection, and transparency.

proborrower acknowledges that as gatekeepers and caretakers of sensitive financial and personal information, there comes a tremendous responsibility, which is why our cloud security practices meet the highest standards.