Protecting the Exchange of Sensitive Customer Data with Your Vendors

For financial institutions, data security is both an operational and regulatory imperative. A bank or financial services provider that fails to protect a customer's financial data faces the threat of losing customers, tarnishing their reputation and eventually losing competitive advantage. There are some key questions you should think about when it comes to securing your customers' important financial data, including: How does regulatory compliance, like GLBA, affect the way your data needs to be handled & audited? Who has access to your sensitive files? What would the impact be if these files, including sensitive customer data, were compromised? Where and when is this data being sent.