Guide
Avoiding Compliance Surprises - Financial Technology
Compliance is so important in today’s business economy (some might say it is the economy of business) because it is the “pass” that allows you to play. Ensure it, and you can play anywhere.
Go without it, and you’re benched. From fees to jail time, PR costs to reputational damage, being caught not complying with legal standards for protecting critical systems, information, and proprietary...
Blog
Five Major Drivers of IGA and PAM for Financial Services Organizations Today
Fri, 09/25/2020
Financial services information security continues to be a top priority across the entire financial sector—and for good reason. The Verizon Data Breach Investigations Report found that financial profit or gain was the primary motivation in 71 percent of all information security incidents, making financial services organizations a prime target for attack.
According to the Bitglass’ Financial Breach...
Blog
How to Deal with Changing Financial Cybersecurity Regulations
Thu, 08/27/2020
Late last year the New York State of Financial Services (DFS) announced that New York would be proposing a "first in the nation" rule on cyber-security to go into effect on March 1, 2017 which would impact any bank, insurance company and anyone else covered by DFS. The rule requires any regulated company design a cybersecurity program that assesses its risks to ensure the safety and soundness of...
Video
8 Ways to Tackle the Biggest Access-Related Challenges in Financial Services
Mon, 08/17/2020
Financial services organizations today face extraordinary challenges in a dynamic, complex landscape. During the last two decades, the financial services sector has seen everything from increasing cybersecurity threats, data breaches, and cyberattacks to intensified regulatory compliance, an acceleration of digital transformation, and the pressure to increase operational efficiencies and decrease...
Blog
How Financial Services Organizations Can Mitigate Their Top Identity-Related Access Risks
Mon, 06/01/2020
Financial services organizations face numerous challenges in a constantly changing landscape. With increased cybersecurity threats, intensified regulatory requirements, an acceleration of digital transformation, large-scale mergers and acquisitions, and growing customer expectations, these organizations must pursue strategies and programs that mitigate risks, safeguard valuable data, and protect...
Case Study
Banking Customer
Overview
With Core Security, the banking customer:
Achieved “go-live” status within five months of project launch
Streamlined operational and business processes associated with on-boarding and off-boarding staff
Leveraged role-based provisioning to grant employee access by job code
Demonstrated policy and regulatory compliance, including recognition by external auditors of adherence to process
...
Guide
Doing Financial Services Identity Governance & Privileged Access Management Right
Financial Services Organizations Face Extraordinary Challenges in a Dynamic, Complex Landscape
During the last two decades, the financial services sector has experienced increasing cybersecurity threats, data breaches, and cyberattacks. In fact, financial services companies are 300 times more likely than organizations in other sectors to experience cyberattacks.
Financial services organizations...