Vaultastic eases Enterprise Data Risk Management and Compliance for every business.
Banks & Financial services companies manage funds and hold sensitive data of their customers, including personally identifiable information (PII) and financial information.
Most financial services companies rely on email as the primary channel of communication and document transport with regulatory authorities, customers, and partners.
And, financial services firms are subject to strict industry regulations that force the archiving of all communications.Thus, reducing penalties and litigation risks associated with data violations is a top priority for BFSI organizations.
The rapid digitization of the manufacturing industries generates massive transactional data.
Manufacturing companies rely on email as a primary communication and document transport channel with customers, suppliers, and partners.
Manufacturing companies leverage intellectual property to design and produce their products and processes, which gives them a competitive edge in the market.Thus, protecting their critical data, complying with industry regulations such as GDPR, and reducing penalties and litigation risks associated with contract enforcement are top priorities for manufacturing organizations.
Teams at pharmaceutical companies create and leverage intellectual property during drug discovery, trials, and engagements with partners, licensors, etc.
Most pharmaceutical companies rely on email as the primary communication method and exchange documents with regulatory authorities, customers, suppliers, and other partners.
And data carried in email includes drug details, drug trial information, notifications, contracts, agreements, contract negotiations, commitments, issues, invoices, reports, and more.Thus, keeping this data safe in this heavily regulated industry is critical, mandatory, and a top priority for pharmaceutical organizations.
Healthcare teams face challenges while coordinating work and exchanging documents with medical professionals, labs, and patients via email.
These emails carry private medical information and personally identifiable information (PII) potentially impacting patient privacy.Hackers targeting this information, often on systems with outdated security, make the task more daunting. Thus, keeping this data safe, while maintaining compliance with HIPAA and GDPR, to protect patient privacy and reduce penalties and litigation risks associated with contract enforcement is a top priority for healthcare organizations.
ITES companies engage with partners and customers over email to exchange knowledge, expertise, plans, responses to queries, reports and other sensitive information.
All of this form the IP of the company and needs to be preserved, protected and reused.
Most ITES companies are regulated by their customers to comply with their security norms, since they have access to classified and sensitive information about the customer during the delivery of their service.A basic requirement of all these regulations is to preserve communication since 60% of it carries critical data.
Government bodies handle large amounts of critical data in the form of personal citizen data, project plans, reports, complaints, notifications, user records, public policies, purchases, etc.
Mounting cyberattacks on government organizations having data scattered on various devices can put them at a risk of personal citizen data being compromised.
With most of this sensitive information being carried on email, it is vital that government bodies archive all electronic communication in order to comply with the strict laws around email retention.
Without a cyber resilient data preservation and management approach, the government bodies risk devastating impacts on local service delivery, loss of public trust and punitive regulatory fines for failure to secure personal data of the public they serve.
Vaultastic provides answers common Enterprise Risk Management and Compliance to Challenges faced across industries.
Get started on enterprise data risk management and compliance with Vaultastic’s cloud email archiving.
It is amply clear that firms of all sizes and industries must safeguard email communications and sensitive client information.
In addition, organizations must respond quickly to litigation and other information requests.
Cloud email archiving is critical in the overall solution by helping companies preserve email data in tamper-proof vaults for extended periods and ensure that the data is online, search-ready, and discoverable on demand.
The Vaultastic Edge for Email Archiving
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- Data Resiliency Solutions for Financial services
- Understanding and complying with RBI’s New Email Cybersecurity guidelines 2019
- How a financial services company preserved legacy email data on the cloud and gained from ediscovery
- Comply with Email retention regulations in India and cut costs using cloud email archiving