Many businesses now face federal and governing agency mandates to maintain complete backup records of all their electronic business transactions. Industry-specific regulations to impose confidentiality, industry portability, and preservation of financial records force many organizations to implement processes to support data backup and recovery objectives.
IDrive can assist companies within the medical, accounting and legal professions to comply with these new standards to avoid the penalties now being levied against violators of HIPAA, SOX, GLBA, SEC / FINRA.
The Health Insurance Portability and Accountability Act, insisting on administrative, physical and technical safeguards for patient data and records.
The Sarbanes-Oxley (SOX) Act, legislating retention of electronic records, messaging and financial transactions.
Protecting consumer's private information at various financial institutions.
Securities and Exchange Commission / Financial Industry Regulatory Authority, instituting long term storage of financial records and electronic communications.