5 components of compliant backups

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www.bumi.com The 5 Components of Compliant Backups for Financial Services Firms

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Page 1: 5 Components of Compliant Backups

www.bumi.com

The 5 Components of

Compliant Backups

for Financial Services

Firms

Page 2: 5 Components of Compliant Backups

www.bumi.com

Component #1: Security & Encryption

Page 3: 5 Components of Compliant Backups

www.bumi.com

Component #1: Security & Encryption

Does the provider have the following:1.Military grade AES encryption technology up

to 256 bit. FIPS 140-2 certification.

2.LAN security policies that allows data to only be accessed by those with administrative rights.

3.User authentication and role-based access

Page 4: 5 Components of Compliant Backups

www.bumi.com

Component #1: Security & Encryption

In addition, you should ask:1.Is the data both transmitted and stored in

encrypted and compressed format?

2.Is there a Client/Server authentication protocol to ensure that no one can restore your data to alternate hardware without authorization?

Page 5: 5 Components of Compliant Backups

www.bumi.com

Component #2: Tamper-Proof Storage

Page 6: 5 Components of Compliant Backups

www.bumi.com

Component #2: Tamper-Proof Storage

Is the data stored in a tamper-proof, non-erasable and encrypted format?

WORM (Write Once, Read Many) devices used to be the standard. But as optical media became too expensive, the rules were changed to allow software solutions that encrypt the data and keep it from being tampered with.

Page 7: 5 Components of Compliant Backups

www.bumi.com

Component #3: Audit Trail

Page 8: 5 Components of Compliant Backups

www.bumi.com

Component #3: Audit Trail

Does the solution provide: 1. An audit trail of all backups and restores?

2. What about destruction certificates of deleted data?

3. Serialized originals and, if applicable, duplicate units of storage media with a time-date record?

Page 9: 5 Components of Compliant Backups

www.bumi.com

Component #4: Archive and Retention Rules

Page 10: 5 Components of Compliant Backups

www.bumi.com

Component #4: Archive and Retention Rules

There’s this magical #7 out there…Everyone thinks they need to keep their data for 7 years.

The truth is that the rules vary, so it’s important to have highly customizable archive and retention rules configured based on specific business needs.

Page 11: 5 Components of Compliant Backups

www.bumi.com

Component #5: 24/7 Availability

Page 12: 5 Components of Compliant Backups

www.bumi.com

Component #5: 24/7 Availability

Be sure the solution provides 24x7 availability of encrypted data for examination by representatives of regulatory bodies and for emergency restores.

Page 13: 5 Components of Compliant Backups

www.bumi.com

BUMI Background

• BUMI is a premium provider specializing in online

data backup and recovery services

• Focused on professional services market

• Privately owned and self-funded (debt free and

profitable)

• Founded in 2002

• Headquartered in New York City with two leased

SSAE-16 Type I & II data centers located in Canada

Page 14: 5 Components of Compliant Backups

www.bumi.com

For more information, visit:

http://bumi.com/customers/financial-services/

[email protected]

212.599.7800

90 Broad Street, FL 6

New York, NY 10004