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Oracle Database 11g RMAN Backup Encryption

Security is gaining importance. As per the reports in the year 2008, loss of confidential information has increased to 63%. This loss of confidential information is a breach of Service Level Agreement (SLA). Organizations will have to compensate these loses in the form of financial penalties.
A recent information protection law from a state in U.S.A claims that information of residents of this state stored in databases across the globe will have to be encrypted. Upon failure, the database owners will have to pay $5000 penalty.