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Impact of U.S. Federal and State Compliance Laws

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Impact of U.S. Federal and State Compliance Laws

The U.S. Federal and State Compliance laws are there to protect all the customers’ financial data. ABS Financial Solutions was affected by these laws to ensure everyone’s’ personal data is protected for this reason the company process was to get a strong encryption program that met with regulatory compliance without affecting the productivity of its employees. The new class of encryption would also ensure any type of documents was secured no matter where they were stored. This encryption would make the company compliant with all the U.S. Federal and State laws. The encryption product of choice was the ABS-TXR Mobility Guardian for its ability to meet with regulatory compliance, ease of administration and deployment this will ensure the company’s computers and mobile notebooks are fully integrated with minimal impact to all its employees. It will also allow the company to integrate future devices like PDAs to replace the smartphones.
The company requires to make sure the company has the best security equipment possible while maintaining a balanced budget but ensuring they stay competitive with other companies. The company requires to ensure all the information required by the field technicians is available but also secure at all times. Ensuring the customer’s data is secured, it should be the company’s highest priority to ensure they stay compliant with all the U.S. Federal and State laws.
Customer’s main priority is to ensure any financial institution maintains their data secure at all cost so the customers should not have any issues with the ABS-TXR Mobility Guardian program. If they have an issue with the cost or they complain about the program a customer agent should be able to explain the new encryption program to the customer an ensure them this is the best solution to make sure the financial institution maintains their data secured.

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