Secure Management of Financial Services Data & Customer Info

Published: Mar 11, 2020

Secure Management of Financial Services Data & Customer Info

Virtually all busnesses that provide financial services are required by law and contract to protect the customer data, credit card numbers, transaction records and other sensitive info. In order to securely destroy this information, these financial companies need some form of data erasure software, such as WipeDrive Enterprise.

What Regulations Apply to Financial Services Data?

There are many different regulations and laws that determine how data must be protected such as:

• Sarbanes-Oxley Act
• FACTA Disposal Rule
• Bank Secrecy Act
• Patriot Act of 2002
• PCI Data Security Standard
• Identify Theft and Assumption Deterrence Act
• Gramm-Leach-Bliley Act (GLBA)

Want more info?

please see our article on the secure management of financial services here.

Tagged:

Financial Services, Regulatory Compliance, Data Erasure Solutions