Russia and Nigeria now have similar, though less comprehensive, data localization
example is the Russian data localization
law, which, as per experts,
A number of countries have also either passed or are in various stages of considering data localization
laws requiring any enterprise that processes or stores their citizens' data to have a physical location in the country and host that data locally.
Moreover, large amount of data is expected to be stored locally, as countries like China and Russia have already passed data localization
laws--that is, mandating that data is stored on
But non-tariff barriers such as logistics and cross-border digital regulations such as data localization
continue to be challenges, especially for small and medium-sized enterprises (SMEs), said the report from consultancy Bain andamp; Co.
But broad data localization
requirements can tip into "data protectionism" whose effect may be to impede the continued growth of international trade.
In the absence of mutually agreed frameworks, governments will tend to adopt short-term unilateral measures mandatory data localization
, excessive content restrictions, intrusive surveillance to address immediate concerns, or as a response to domestic political pressure.
In the absence of mutually agreed frameworks, governments will tend to adopt short-term unilateral measures a mandatory data localization
, excessive content restrictions, intrusive surveillance a to address immediate concerns, or as a response to domestic political pressure.
You should inquire as to where the data is housed, as there may be privacy or data security laws (data localization
laws) or contractual obligations with certain clients that limit where the data may be maintained (CSP Due Diligence Standards I.C.).
The data localization
requirement, however, is not absolute.
GDP by between 0.1 and 0.36 percent; causing prices for some cloud services in Brazil and the European Union to increase by between 10.5 and 54 percent; and reducing GDP by between 0.7 and 1.7 percent in Brazil, China, the European Union, India, Indonesia, Korea, and Vietnam, all of which have either proposed or enacted data localization