Protecting Your Financial Information in Charlottesville, VA
The United States Federal Financial Institutions Examinations Council set forth new cyber security regulations in 2015 that requires financial institutions in Charlottesville, VA to have Data Recovery Plans (DRPs) and Business Continuity Plans (BCPs) to prevent losses of large magnitude during a data breach disaster.
In turn, banks and other financial institutions who rely on digitized records, require a disaster recovery plan that is comprehensive to secure sensitive information.
This allows banks to continue normal operations if and when disaster strikes.
There are several ways to backup your data and provide your financial institution with a data backup and recovery plan (alongside a BCP) set in place.
When creating a Disaster Recovery Plan for your Charlottesville bank or financial business, consider these best practices:
- Analyzing all possible threats
- Increasing your cybersecurity
- Running tests regularly
- Maintaining proper compliance
- Storing your data in multiple secure locations
- Partnering with a certified IT company