Inside TDV - The Data Vault Blog

Data Recovery for Banks

Here at TDV Cloud we often focus on what our cloud-based backup and data recovery product can do for general organizations and especially for healthcare, but we’ve not once offered insight into what it can do for community banks.

data recovery for banks infographic

Infographic courtesy of Asigra.

Well, we’re about to.

A 2012 ICBA Community Bank Technology Survey revealed that 78 percent of community banks rank consumer ID theft as one of their Top 5 data security concerns. Not a surprise, given that 31 percent also report suffering monetary loss due to such theft.

Where does TDV Cloud come in? Well, the fact is, it’s made to backup for compliance and security. It isn’t just about having a copy of your files available in case of an IT oops, as this blog post notes.

“As the need for cloud backup and recovery grows for the financial services industry, organizations have to ensure the solution they choose provides the necessary level of security and compliance,” said Eran Farajun, executive vice president at Asigra. “For organizations that have strict compliance requirements, such as Sarbanes-Oxley, Basel II or Basel III, our cloud backup solution, the first to be FIPS 140-2 approved, provides them with the security and peace of mind they require.”

The infographic at left offers plenty more about why Asigra-powered TDV Cloud may be the right data recovery — and data security — solution for many community banks.

If you are in the banking business in the Louisville, Ky., region and have data recovery concerns, contact a TDV Cloud specialist today.


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