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The Goldman Sachs Group, Inc.
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==== Platform Solutions ==== Platform Solutions includes its consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses. Platform Solutions generates revenues from the following: '''Consumer platforms''' - Its consumer platforms business issues credit cards and provides point-of-sale financing to consumers to finance the purchases of goods or services. Consumer platforms revenues primarily includes net interest income earned on credit card lending and point-of-sale financing activities. '''Transaction banking and other''' - Goldman Sachs provide transaction banking and other services, including cash management services, such as deposit-taking and payment solutions for corporate and institutional clients. Transaction banking revenues include net interest income attributed to transaction banking deposits. Business Continuity and Information Security Business continuity and information security, including cybersecurity, are high priorities for us. Their importance has been highlighted by (i) the coronavirus (COVID-19) pandemic and the work-from-home arrangements implemented by companies worldwide in response, including us, (ii) numerous highly publicized events in recent years, including cyber attacks against financial institutions, governmental agencies, large consumer-based companies, software and information technology service providers and other organizations, some of which have resulted in the unauthorized access to or disclosure of personal information and other sensitive or confidential information, the theft and destruction of corporate information and requests for ransom payments, and (iii) extreme weather events. Its Business Continuity & Technology Resilience Program has been developed to provide reasonable assurance of business continuity in the event of disruptions at its critical facilities or of its systems, and to comply with regulatory requirements, including those of FINRA. Because Goldman Sachs is a BHC, its Business Continuity & Technology Resilience Program is also subject to review by the FRB. The key elements of the program are crisis management, business continuity, technology resilience, business recovery, assurance and verification, and process improvement. In the area of information security, Goldman Sachs have developed and implemented a framework of principles, policies and technology designed to protect the information provided to us by its clients and its own information from cyber attacks and other misappropriation, corruption or loss. Safeguards are designed to maintain the confidentiality, integrity and availability of information.
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