Compliance laws of the 21st century are the single most important driving force behind the timing of Data Insurance products launch.
More and more businesses are facing regulatory pressure to demonstrate that they
are appropriately protecting business critical data. Recent high profile disasters
have shown that ‘traditional’ backup systems are not as secure as previously thought.
A leading regulation standard is the ‘Sarbanes-
Business leaders, and specifically Board directors, increasingly want to know that they are protected and safe if there is a loss. When the loss involves data, the issue goes beyond just storage and retrieval, since the data must be indexed and easily retrievable at a moment’s notice for a wide variety of applications.
Data Insurance in concert with a standardised and insurer approved process to properly secure data, is the most complete solution to address modern compliance and director responsibilities for complete peace of mind.
The IT landscape has become even more complex in the past years with the advent of regulatory compliance requirements that all publicly traded companies in the US, UK, Japan, Singapore, and parts of Western Europe must adopt.
Compliance
‘The Next Generation of Data Protection’
Copyright Data Insurance Licensing Ltd -
