Glossary

  • Bring Your Own Device

    As more employees are working from home, they are more likely to use their personal cell phone, tablet, or other mobile device for work-related purposes. When business is conducted on a personal device, it poses a challenge for companies that are required to monitor and capture communications with clients. For this reason, companies have to…

  • Basel Committee on Banking Supervision (BCBS)

    The Basel Committee on Banking Supervision (BCBS) is an international forum that brings together central banks and banking supervisory authorities from major financial centers. Established in 1974, the committee operates under the auspices of the Bank for International Settlements (BIS) and plays a central role in developing global regulatory standards and guidelines for the banking…

  • Backup Retention Policy

    A Backup Retention Policy is a set of guidelines and procedures that dictate how long backup copies of data are retained, how they are managed, and when they should be deleted or archived. This policy is essential for ensuring that data can be restored in the event of loss, corruption, or disaster. It defines the…