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Published April 12, 2012

Data security: Will banks ever adopt a data centric model?

Adopting a data centric model for data security would require banks to classify and encrypt all sensitive data. Can this idea gain ground?

Date: April 12, 2012
Author: Carol Wheatcroft
Categories: Data & Analytics, Data Management, Operational Risk & Security, Risk and Regulation, Technology & Operations
Keywords: IPsec, Lance Gaines, Rune, Data Encryption, Data Security

Traditionally financial institutions have placed the highest emphasis on avoiding data security breaches especially beyond the perimeter of the four walls of the bank. Known as the perimeter based approach, the stress has been to ensure that no matter how data is accessed – by mobile devices such ...

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