Deloitte survey found 89 percent of CFOs still citing data security as their main reason for holding back. Cloud computing allows you to abdicate responsibility for a lot of the processes that would otherwise need to accompany their use of computing resources, but this doesn’t include compliance with data protection law. Cloud services must know the physical location of the servers on which their data is processed and stored, and this may need to change. The UK Data Protection Act 1988 (based on the EU Data Protection Directive 1995) has been around in one shape or another for quite some time.”]
Source: https://www.csoonline.com/article/2129722/do-you-know-where-your-data-is-.html