What measures does nCino take to ensure data security?

The correct answer focuses on the comprehensive approach nCino takes to ensure data security through the implementation of robust security protocols and regular audits within the platform. This approach reflects a multi-layered security strategy that encompasses various aspects of data protection, including system integrity, data confidentiality, and compliance with industry standards.

Robust security protocols contribute to the foundational security structure, which may include everything from network security measures to data access controls. Regular audits further strengthen this security landscape by providing continuous oversight, identifying vulnerabilities, and ensuring that security policies are being followed effectively. This systematic approach helps to mitigate risks and protect sensitive banking data from unauthorized access or breaches.

Other measures, while important, may not encapsulate the holistic view of data security that nCino implements. For instance, limiting access solely to administrative users may restrict usability for other necessary operational roles, while encryption for all transactions provides a secure method for data transmission but does not address the overall security ecosystem. Multi-factor authentication can enhance login security but would also be a singular measure, not encompassing the broader security framework that regular audits and robust protocols ensure.