The Business Closure Cybersecurity Checklist

When a business closes or files for bankruptcy, what happens to all the digital assets? What you do at this time has much to do with the kind of data you house. For example, healthcare entities that close still have an obligation to be the custodian of medical records for a certain period of time, which varies by state but is typically seven to 10 years from the record creation. Financial institutions that close also have regulatory requirements for record-keeping.

In the case of regulatory mandates on record-keeping, you still have the responsibility to keep those records secure. A cybersecurity checklist for this kind of business closure would include:
Identifying how long you must retain records
Finding an archiving solution that allows you to migrate data securely
Ensuring that regulatory bodies or patients/customers have the means to request documents
Decommissioning all software systems that contain sensitive information in a safe way that aligns with cybersecurity best practices

More Info: comptia a+ technician

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