grc@lists.confidentialcomputing.io

Every time a new security technology with broad applicability emerges, regulations follow. This usually happens after the technology in question is deployed beyond some critical mass: in other words, regulations do not go into effect until there is a way for regulated entities to comply with them. This has already happened with data-in-transit and data-at-rest protections. Confidential Computing will shield data-in-use, completing the trifecta.

Regulatory bodies vary in scope: regulations are put in place by nation states (Luxembourg), federal agencies (SEC), state legislatures (California), industry bodies (PCI-DSS), and regional powers (GDPR). Regardless of scope, all regulators demand that the subjects of regulations achieve, maintain, and prove on demand compliance with a given set of criteria. Failure to comply can be very costly indeed: for instance, a financial firm may lose its license to operate, effectively putting it out of business. As a result, regulated institutions treat these matters extremely seriously. In addition, even outside of externally imposed regulations, a business may enter into contractual relationships with its customers and/or suppliers, and then would also need to assess compliance with those commitments.

The purpose of the SIG is to partner with existing regulatory bodies with the explicit goal of crafting, and speeding up the adoption of, regulations around data-in-use protections, such that compliance with these new regulations would also result in better security outcomes.

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