Only 30 percent of African countries have data privacy legislation in place, a problem that financial
regulators will need to address.
Without data privacy guidelines for cloud computing that cover aspects around jurisdiction and
location of data, availability of services, incident handling, and recovery, banks are left to operate in a
gray area.
The handful of African countries with data privacy-protection regulations also restrict cross-border data transfers, a
serious obstacle for future cloud usage.
In addition to data privacy, regulators will need detailed policy positions on data sovereignty, cybercrime and
intellectual property rights specific to the cloud.
DATA PRIVACY
DATA CENTERS
01
NETWORK
INFRASTRUCTURE
02
CLOUD
PROVIDERS
03
REGULATIONS
04
DATA PRIVACY
05
