Industries Served
Financial
The financial services industry faces unrelenting pressure to implement strong processes and technology solutions to ensure compliance and the safety of critical assets. The risks associated with a data breach in this industry can be devastating, regardless of whether it is due to a simple mistake, or a coordinated attack from an insider or external user. The negative impact goes beyond fines and lost revenue, to negatively impacting your organization’s brand identity and equity, and your customers’ trust.
Compliance drivers for the financial services industry continue to be challenging to keep up with. In addition to the traditional Sarbanes-Oxley (SOX) and Basel II compliance challenges that companies have been tackling, consider the SAS 70 audit that has migrated in non-traditional ways over the years, and is today an increasingly important factor in establishing and validating business relationships. As a result, companies in the financial services industry are now being required to ‘prove’ adequate oversight of service providers, such as obtaining a SAS 70 review conducted to comply with Gramm-Leach-Bliley Act (GLBA), SOX, PCI requirements, and more.
Cyber-Ark's award-winning solutions are deployed by more than 600 global customers, including more than 100 of the world's largest banks and financial institutions to solve these types of regulatory challenges. To overcome often complex, costly and time consuming audit processes, let Cyber-Ark empower your financial services organization to centralize and quickly deliver the detailed audit information required to ‘Prove’ compliance with the complete range of regulations facing the Financial Services industry.
Compliance drivers:
- Sarbanes-Oxley
- PCI DSS
- SAS 70
- Basel II
- FDIC/OCC/OTS or FFIEC
- Gramm-Leach-Bliley Act
- JSOX
- 201 CMR-17
- EUDPD
Key challenges:
- Shared Administrative Accounts
- Application Identities
- Monitoring & Recording Privileged Activity
- Application Encryption Keys
- Managing File Transfers
- Sharing Sensitive Information
Customer Snapshot:
- Deutsche Bank
- ING
- Comerica
- Key Bank
- Virgin Money
- Barclays
- Glatfelters Insurance Group
