When it comes to compliance, you better have your "acts" together or there could be some hefty fines coming your way. Challenge your co-workers, take our Storage IQ Compliance quiz and see who knows what about compliance. Click on the link below each question for the correct answer and additional resources.
In a hurry to meet those compliance rules and regulations? Click on the link below the quiz for access to the complete answer key. Good luck!
1. There are three distinct areas of interest when considering storage compliance regulations. What are they?
Answer 3. All publicly traded companies in the U.S. have data retention requirements under this act.
Answer 4. True or False: The Storage Management Initiative Specification (SMI-S 1.0) goes beyond the basics of storage management, allowing a higher order of control.
Answer 5. This is a U.S. government organization within the National Security Agency that evaluates computing equipment for high-security applications to ensure that facilities processing classified or other sensitive material are using trusted computer systems and components.
Answer 6. This act requires controls that change the way financial institutions handle the private information of individuals.
Answer 7. SEC Rule 206(4)-7 requires that investment advisors have this type of plan in place. (Hint: 2 words)
Answer 8. These two storage technologies are intended to enhance storage efficiency.
Answer 9. This is a nonprofit organization that establishes telecommunications standards for Europe. Its guidelines are voluntary and almost always comply with standards produced by international bodies.
Answer 10. True or False: The retention requirement for all business-related information is the commonly-quoted "seven years."
Answer Compliance cheatsheet -- take a look , if you must.
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This was first published in February 2007