Regulatory compliance

Later versions will support the OASIS KMIP key management standard

External validation could bolster market confidence in hosted services

The concept of archiving has been around for decades in various forms and implementations. In more recent years, it has become a hot topic being tied to regulatory compliance [8], internal corporate governance, a way to drive down the total cost of ownership and improve overall business system performance.

Despite the cyclical nature of economies, companies continue to accumulate data. Regulatory compliance further aggravate the already fast-filling data storage farms. To compound everything, not all information stored in these storage farms are equal in value or importance at any given time.

Corporations depend on the flow of information to conduct their business. Protecting that information from unexpected disasters is not only prudent, in many cases, it’s mandatory for legal and regulatory reasons.

Lower-level execs more likely to fear the worst from attacks on corporate data