A Financial Company Has Decided to Move Its Main Business

A financial company has decided to move its main business application to the Cloud. The legal department objects, arguing that the move of the platform should comply with several regulatory obligations such as the General Data Protection (GDPR) and ensure data confidentiality. The Chief Information Security Officer (CISO) says that the cloud provider has met all regulations requirements and even provides its own encryption solution with internally-managed encryption keys to address data confidentiality. Did the CISO address all the legal requirements in this situation?

A) No, because the encryption solution is internal to the cloud provider.
B) Yes, because the cloud provider meets all regulations requirements.
C) Yes, because the cloud provider is GDPR compliant.
D) No, because the cloud provider is not certified to host government data.

Correct Answer:

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