Data Protection

Back Up
Providing a secondary record, mechanism, or contract to safeguard against the potential failure of a primary system. Regular backups, especially for computer files, are a prudent practice.
Backup
A computer security protection method whereby duplicate data files are stored on secondary storage devices to safeguard against data loss during catastrophic events.
Compliance
Compliance in accounting and corporate governance refers to the adherence to laws, regulations, and internal controls that govern an entity's operations, ensuring legal and regulatory obligations are met.
Computer Security
The practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks, unauthorized access, damage, or theft.
Data Encryption Key (DEK)
A Data Encryption Key (DEK) is a fundamental element used in cryptographic processes to secure and protect data, ensuring confidentiality and integrity in digital communication and storage.
Data Processing Insurance
Data Processing Insurance offers coverage for data processing equipment, data processing media such as magnetic tapes and disks, and expenses involved in returning to usual business conditions after a loss. Coverage can be obtained on a specified perils basis or on an all risk/all peril basis.
Data Protection
An overview of legislative and practical safeguards for handling personal data, including the responsibilities and rights articulated by laws like the Data Protection Act 1998.
Decryption
Decryption is the process of converting encoded or encrypted information into a readable and understandable format. It is the reverse of encryption, which is the process of converting readable data into an unreadable format to protect its integrity and confidentiality.
HIPAA-Compliant
Meeting the standards set by the Health Insurance Portability and Accountability Act of 1996 for electronic data interchange, ensuring the protection and confidentiality of health information.
Password
A password is a secret character string required to log onto a computer system, thus preventing unauthorized persons from obtaining access. Computer users often password-protect their files for added security.
Write-Protect
Write-protect is the process of placing a signal to a computer or storage device to prevent any data from being accidentally written or modified on the storage device. This ensures valuable data can be read without the risk of being overwritten or deleted.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.