From the course: FinOps Essentials for Cloud Deployments

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FinOps and compliance and agreements

FinOps and compliance and agreements

From the course: FinOps Essentials for Cloud Deployments

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FinOps and compliance and agreements

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- [Instructor] You have a few legal issues to deal with when implementing FinOps planning. They are state, province, city, county, federal and other government regulations that have to be complied with or you'll pay a heavy fine go to jail or both. For example, some countries don't allow for private data to be sent outside of the country. Privacy policies and other agreements and contracts that you may have with customers or suppliers. For example, if you signed a privacy agreement with a customer, then you'll need to live up to that agreement, including terms and duration. Agreements that you have with cloud providers including pricing, terms, service level agreements, or SLAs, or other new or existing agreements that all should follow. Government regulations are very much in play when considering FinOps considering that they determine how data should be handled. And thus we need to consider the cost of doing so as part of…

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