Data Residency Explanation

Hey there! Have you ever wondered where your data stays? Data residency is all about where your data is stored and processed.
Think of it like a physical address. Just like how you need a physical address to receive mail, data needs a 'residency' to be stored and processed.
Data residency matters because different countries have different laws and regulations around data protection. Companies need to comply with these laws.
For example, the EU's GDPR requires personal data of EU citizens to be stored within the EU or in countries with similar data protection laws.
Companies need to consider data residency when storing and processing data. Non-compliance can lead to fines and reputational damage.
Data residency affects how companies design their data storage and processing policies. It's crucial for ensuring data security and compliance.
So, next time you hear about data residency, you'll know it's about where your data stays and how it's protected. Stay informed, stay secure!