Businesses of all sizes, today, are mandated by federal and governing agencies to maintain records of all electronic business transactions. Furthermore, businesses are obligated to meet regulations related to confidentiality, industry portability, and preservation of financial records, pertaining to various industries. As a result, organizations have to adopt processes that help achieve data backup and recovery goals.
IDrive BMR steps in at this stage to assist all organizations in the medical, accounting and legal domains be compliant with regulatory norms; thereby, avoid penalties levied against breach of HIPAA, SOX, GLBA, SEC / FINRA, and PCI DSS.
Many of the compliance items require usage of an encryption key that is known only to the user and not stored on IDrive servers.
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.
Organizations that handle cardholder information must comply to the Payment Card Industry Data Security Standard. IDrive does not store any credit card or financial data. We use third party vendors to store and manage cardholder data and conduct online transactions.
IDrive BMR's Business Associate Agreement is in accordance with federal government standards. Fill out the below form to place your request for IDrive BMR's business associate agreement.