US-based management consulting firm Cohasset Associates has formally assessed Rubrik Cloud Vault (RCV) for compliance with essential financial regulations including FINRA 4511(c), SEC 17a-4(f), SEC 18a-6(e), and CFTC 1.31(c)-(d).
This assessment provides independent verification that Rubrik’s data protection solution meets stringent regulatory requirements for the Financial Services industry.
Can You Keep Up With Regulatory Requirements?
Regulators worldwide have noticed the increase in the frequency and sophistication of cyberattacks, and they are responding with more compliance requirements for data protection and cyber resilience. Regulations such as DORA in the EU and FINRA/SEC regulations for the US financial sector are just two examples of how the regulatory landscape has shifted quickly in recent times.
You might feel overwhelmed by all of these changes. You’re not alone; our customers report similar concerns. Some are struggling to keep up with the changing regulations, chasing compliance instead of spending valuable time on product innovation. Some say even finding staff well-versed in both the legal requirements and technology can be difficult. Then coordinating among all of the relevant teams—IT, cloud, security, Legal—to produce a compliance report can be a nightmare.
There has to be a better way.
How Rubrik Cloud Vault Enables Compliance
Rubrik Cloud Vault (RCV) can address regulatory requirements across multiple industries and regions. Indeed, RCV delivers logical air gapping and offsite resilience mandated by numerous regulations, helping you maintain business continuity in the face of potential threats to your primary environment—whether it’s from cyber incidents, operational failures, or natural disasters.
Here’s how RCV can help you comply with specific regulatory requirements:
FINRA Compliance: RCV's immutability and air gapped architecture prevents bad actors from making unauthorized changes to data at rest, meeting FINRA's strict requirements for data integrity.
DORA Compliance: The logical air-gap functionality helps meet requirements for maintaining offsite copy of data. Additionally, Rubrik’s operations in the EU meet DORA’s downstream subcontracting requirements for providers of critical ICT services to Financial Services Entities.
SEC Requirements: RCV's architecture satisfies SEC 17a-4(f) and 18a-6(e) requirements for immutable, tamper-proof record keeping.
CFTC Compliance: Meets CFTC 1.31(c)-(d) specifications for secure electronic record keeping.
Prove Compliance To Your Auditors
When auditors come calling, you need proof of compliance. The Cohasset assessment shows that RCV meets stringent FINRA, DORA, and SEC regulatory requirements and is third-party validation that your compliance is supported by a solid technical foundation.
Where can Rubrik Cloud Vault help with regulations?
DORA (EU)
FINRA 4511(c)
SEC 17a-4(f) (US)
SEC 18a-6(e)
CFTC 1.31(c)-(d)
NIS-2 (EU)
AU SOC (Australia)
RBI (India)
More information: https://www.rubrik.com/compliance-program
Rubrik Cloud Vault has achieved certifications that validate the technology’s comprehensive security controls, privacy protections, and compliance measures that meet international standards and regulatory requirements, including:
SOC 2 Type II Certification
ISO 27001 Certification
ISO 27017 Certification
ISO 27018 Certification
SOC 1 Type II Certification
BCI C5 Certification
HIPAA Attestation
HITRUST L2
CSA STAR Level 1
CSA STAR Level 2
The complete list of certifications and attestations can be found at https://www.rubrik.com/compliance-program
Are you ready to learn how RCV can help build offsite resilience and meet compliance requirements?