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FDIC: Protect Copy and Fax Machine Data

DATA PROTECTION—U.S.

September 20, 2010

Bank Info Security reports on the risks office machines pose due to the data they store on their hard drives. The Federal Deposit Insurance Corporation has issued guidance on how to mitigate the risk of the machines' data falling into the wrong hands, including changing default passwords and adding security by encrypting information, which some manufacturers offer as an addition. Organizations would also be wise to create written policies on the handling and disposal of copies, faxes, printed material and stored data, the report states. The penalty for a breach could cost organizations up to $100,000 and individuals up to $10,000.  
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