Access restrictions based on job roles, often known as role-based permission settings, are a foundational aspect of protecting sensitive data. However, they are not sufficient on their own to thwart all potential security breaches. Financial records, due to their sensitivity, require a comprehensive security strategy. This includes not only strict access controls but also encryption, real-time monitoring, regular audits, and additional layers of defense like network and application firewalls. These combined measures ensure a defense-in-depth approach, protecting against both external and internal threats, and addressing various attack vectors that could compromise the financial records.
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What are role-based permission settings?
Why is encryption necessary for protecting financial records?