Securing Financial Services

A managed cybersecurity platform designed for the Financial Sector to help maintain regulatory compliance and elevate cybersecurity posture.

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CloudJacket XDR Designed for Financial Sector

Financial institutions have highly sensitive data including personally identifiable information (PII), bank routing data, investment algorithms, commercial records, biometric information and consumer purchasing history.  Trust is a key pillar within any financial services organization.  It is important to protect your clients’ financial assets as well as safeguard all of the other information you have for them.  Regulatory compliance requirements help create a standard but do not equal security. Enhancing your cybersecurity posture takes multiple layers with security experts to comb through those events and alerts.

In response to this, we have designed CloudJacket XDR that addresses the security needs of financial institutions with out the burdening their IT staff with alerts, making it affordable and effective.

Common Cyber Threats Impacting Finance:
  • Ransomware
  • Advanced Persistent Threats
  • Denial of service
  • Phishing or impersonation of employees 
  • Unauthorized Access to Credentials
Why are Cyber Criminals Targeting Financial Institutions?
  • The success rate of ransom collection is high
  • The potential value of selling breached data on the dark web
  • Access to personally identifiable information (PII)
  • Access to financial funds and other forms of currency

Overview on Compliance for Financial Institutions

They say if the breach does not take your organization down, the regulatory compliance fines will.  This is why so many organizations have invested in cyber liability insurance. However, insurance policies can have many loopholes and a breach will still have long-term impact on your business.  Here are just some of the important financial services compliance requirements that organizations should follow:

  • General Data Protection Regulation (GDPR)
  • Payment Card Industry Data Security Standard (PCI DSS)
  • The Sarbanes-Oxley Act (SOX)
  • Gramm-Leach-Bliley Act (GLBA)
  • Payment Services Directive (PSD2)
  • California Consumer Privacy Act (CCPA)
  • Basel III