Reduced risk of non-compliance penalties
Faster ability to provide compliance reporting
Reduced time for data classification
Demonstrate that data practices comply
with regulatory compliance requirements
and internal policies
Ensure data is secure from
unauthorized access and data
breaches
Ensure data is backed up,
retained, and managed
throughout its lifecycle to meet compliance standards
Enable investigation into historical data and changes made to it
Regulatory bodies such as GDPR, CCPA, HIPAA, and FINRA impose strict guidelines on data management due to data privacy laws.
Ensuring data security is a basic requirement of regulations like DORA, NYDFS and HIPAA, helping to avoid legal sanctions and ensure compliance.
Non-compliance can result in severe penalties, including hefty fines and legal actions. Beyond fines though, improper data management can severely impact business continuity and the quality of data restoration and cause reputation damage. Ensuring data is properly backed up and retained, can be restored reliably, and that restores are compliant are all vital to data compliance regulations, information security management, and risk management.