Stakeholders: Cloud computing rule would harm U.S. competitiveness

Stakeholders are cautioning the Bureau of Industry and Security against requiring Infrastructure-as-a-Service providers to verify the identities of foreign customers, arguing that privacy-related concerns about a developing cloud-computing rule will make U.S. businesses less competitive abroad. The Commerce Department agency in January published a proposed rule that would require providers of IaaS -- a type of cloud computing that allows users to access infrastructure, including chips, remotely -- to implement “know-your-customer” procedures and report to the government about foreign customers...