Discuss the importance of compliance and data governance in cloud computing, especially in regulated industries.

Compliance and data governance are crucial in regulated industries such as healthcare, finance, and government, where data protection standards and regulations must be adhered to rigorously. Cloud services must comply with regulations like GDPR, HIPAA, or PCI-DSS, which govern data privacy, security, and handling. Failure to comply can result in severe penalties and loss of customer trust.