as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe a method for safely storing sensitive data.
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a secure method for storing sensitive data is to use encryption. this involves scrambling the data so that only authorized personnel with the corresponding encryption key can access the information. additionally, physical storage options such as flash drives, hard drives, and secure servers can be used to store the data in a safe location.
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