Compliance

Securities and Exchange Commission (SEC) / Financial Industry Regulatory Authority (FINRA)

Securities and Exchange Commission (SEC) / Financial Industry Regulatory Authority (FINRA)

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 is automatically verified each time a backup takes place
  • 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:

  • IDrive cloud backup offers the choice of employing private encryption which is known only to the user and not stored on IDrive servers, in addition to default encryption. Explore the distinction between private and default encryption here.
  • Google Workspace Backup and Microsoft 365 Backup employ industry-standard default encryption protocols to ensure secure data storage.

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