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Video Storage Standard

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Question: 
The old industry standard for FIs used to be 6 months/180 days of video storage. Is that still true today, or has that been reduced to less than that?
Answer: 

While we prefer the old standard of 6 months so many financial institutions have changed to three months a new standard is emerging. This change wasn’t driven by security officers it has resulted from storage needs and IT requirements. With generative AI many financial institutions will regret making this decision with the new emerging frauds we can’t foresee yet.

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Learn more about Barry Thompson’s Security Demystified: Navigating the Top 25 Frequently Asked Questions webinar.

First published on 02/25/2024

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