Skip to content

Storage Security: How To Ensure Confidentiality of Data Stored By Service Providers?

Question: 
Banks often share confidential information with other companies that provide them with services such as law firms. What technical safeguards can be implemented to best ensure that information stored electronically by service providers remains confidential?
Answer: 

The best method to ensure confidentiality of stored data is to encrypt the information stored on backup tapes. Banks should recommend that their service providers encrypt their backup tapes because this ensures that stored information will remain protected regardless of where the backup tapes are kept.

First published on 10/18/2004

Filed under: 
Filed under security as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics