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⍰ ASK What measures are taken by EMIs to ensure the safety of information exchanged between branches?

Ensuring the safety of information exchanged between various branches or offices of Electronic Money Institutions (EMIs) requires several important measures. Measures like encryption protocols, such as Virtual Private Networks (VPNs) or secure communication channels, are put in place to safeguard data while it is being transmitted. Access controls are used to limit data access only to authorized individuals based on their roles and responsibilities. Regular security audits and compliance checks are conducted to ensure compliance with established security standards. Employee training programs focus on promoting secure handling practices for data. By integrating these strategies, EMIs establish a secure framework for sharing sensitive information across branches, thereby reducing the risk of unauthorized entry and maintaining the confidentiality of financial data.
 

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