The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have instituted regulations that demand compliance surrounding the storage of financial records and electronic communications.
IDrive assists IT departments with SEC / FINRA regulations in the following manner:
- The data files are backed up using AES 256-bit encryption when stored on your local BMR device and cloud account. Data files are also encrypted when transferred to the cloud account.
- The data is available for online restores 24 x 7. All backups are stored with the catalogs (indexes) and accessible to authorized users at all times.
- The data resides on RAID-protected industry leading NAS / SAN storage devices with multiple levels of redundancy. In addition, a regular data backup guarantees its availability when required.
Note: Many of the compliance items require usage of the optional private encryption key that is known only to the user and not stored on IDrive servers.