Ensure Compliance for Critical SaaS Data

Comply with regulatory requirements and internal policies, ensure data is secure and properly backed up, and stay audit-ready with access to historical data.

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THE BENEFITS

Reduced risk of non-compliance penalties

Faster ability to provide compliance reporting

Reduced time for data classification

The beauty of Own is that we retain control over the searching, locating, and anonymization of data where required. We now have confidence that we can respond to any GDPR or restore queries accurately and quickly with Own in place.
Leigh Etienne
Senior IT Manager, Walter Scott
OwnBackup offers a level of restore granularity that ServiceNow doesn’t. If we want to restore down to a specific group of records, OwnBackup has the sophistication to do just that.
Michael Francis
Director of Workplace Technology
OwnBackup offers a level of restore granularity that ServiceNow doesn’t. If we want to restore down to a specific group of records, OwnBackup has the sophistication to do just that.
Michael Francis
Director of Workplace Technology
OwnBackup offers a level of restore granularity that ServiceNow doesn’t. If we want to restore down to a specific group of records, OwnBackup has the sophistication to do just that.
Michael Francis
Director of Workplace Technology

frequently asked questions

Which regulations impose guidelines for data management and retention?

Regulatory bodies such as GDPR, CCPA, HIPAA, and FINRA impose strict guidelines on data management.

  • GDPR (General Data Protection Regulation): Enforces data protection and privacy for individuals within the European Union. It mandates stringent data handling protocols, including the right to access, rectify, and erase personal data, as well as data portability and breach notification requirements.
  • CCPA (California Consumer Privacy Act): Provides California residents with the right to know what personal data is being collected, the ability to access their data, request deletion, and opt-out of data selling. It requires businesses to maintain and manage data with these consumer rights in mind.
  • HIPAA (Health Insurance Portability and Accountability Act): Sets standards for the protection of sensitive patient health information. It requires covered entities to implement safeguards to ensure the confidentiality, integrity, and availability of electronic protected health information (ePHI) and to maintain compliance through rigorous data management and retention practices.
  • FINRA (Financial Industry Regulatory Authority): Oversees broker-dealers in the U.S. and imposes regulations on record-keeping and data retention to protect investors. Firms must retain electronic communications, transaction records, and customer account information for specified periods, ensuring data is readily accessible for regulatory reviews and audits.
Which regulations impose guidelines for data security and backup?

Ensuring data security is a basic requirement of regulations like DORA, NYDFS and HIPAA, helping to avoid legal sanctions and ensure compliance.

  • DORA (Digital Operational Resilience Act): Enforced within the European Union, DORA aims to enhance the digital operational resilience of financial entities. The regulation mandates robust cybersecurity practices, continuous monitoring, and regular system testing to ensure that financial institutions can withstand, respond to, and recover from all types of ICT-related disruptions and threats.
  • NYDFS (New York Department of Financial Services) Cybersecurity Regulation: This regulation requires financial services companies operating in New York State to implement comprehensive cybersecurity programs. Companies must establish policies for securing sensitive data, conduct regular risk assessments, and ensure that backup systems are in place to restore data in the event of a cyber incident or other data loss events.
  • HIPAA (Health Insurance Portability and Accountability Act): HIPAA requires covered entities and their business associates to implement physical, administrative, and technical safeguards to ensure the confidentiality, integrity, and availability of electronic protected health information (ePHI).
What are the potential risks of non-compliance?

Non-compliance can result in severe penalties, including hefty fines and legal actions. Beyond fines, improper data management can severely impact business continuity and the quality of data restoration. Ensuring data is properly backed up and retained can be restored reliably and that restores are compliant.

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