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Financial Services


The financial services industry has high standards to meet for 24/7 service availability and cyber resilience

The IT environments of banks, brokerage houses, insurance companies, credit card companies and other organizations that manage money must be reliably resilient in order to process countless thousands of transactions every minute of every day. At the same time, their data must also be resilient to cyberattacks and protected in a way that allows for fast recovery.

Customers demand around-the-clock access to their funds and account information, and transfer assets worldwide using multiple online channels. Employees and partners, too, require in-house access to company records throughout their workday and after-hours, remotely.

Protecting data and storage systems against the risks of cyberattack is also critical; banking and financial services organizations are among the most frequently targeted by cyber criminals.* Valuable client data assets reside in data storage systems which are typically less protected and more vulnerable to cyberattack than servers and other systems in the company’s outer perimeter. Cyberattacks can cause outages, data loss, and if systems are not properly prepared, the inability to recover mission-critical data assets.

This combination of IT and cyber risks can, if realized, paralyze an enterprise, especially if an outage lasts more than a few hours, transaction data is not recoverable, or if data is stolen or held for ransom.

These concerns are not only practical. Banks and financial institutions must also comply with regulations put into place by central banks and securities agencies. Regulations stipulate security and resilience practices to be followed and mandate specific recovery times after an outage or cyberattack.  In assuring IT and cyber resilience, financial organizations need to be sure they are also meeting regulatory requirements.

Banks and financial services enterprises require resilience assurance tools that ensure continued service, protect core data from attack, and ensure data is recoverable. The key to achieving these aims lies in prevention and preparation.

The road to IT and cyber resilience and recoverability in hybrid environments

Our solutions enable IT and cyber resilience and cyber recoverability. Banks and financial institutions always need visibility into their IT configuration so they can instantly identify and quickly prevent and repair threats to availability and data security. Our trio of solutions give IT and InfoSec teams the tools to keep their environments resilient.

AvailabilityGuard NXG™  proactively detects misconfigurations, single points of failure and other errors throughout all infrastructure layers before they impact your business.  It prevents disruptions, outages and data loss.

Data Security Advisor™  uncovers hidden security risks to critical data storage systems (storage arrays, cloud storage, virtual SAN, file servers, file systems, raw devices, appliances, etc.) where high-value core data is stored. It ensures systems are configured correctly and data is inaccessible to malicious attackers.

RecoverGuard ensures that data systems in all types of IT environments are configured to enable recovery from cyberattack. It automatically detects IT misconfigurations that jeopardize IT ability to recover data and service in the event of a cyberattack, verifies that recovery from ransomware and other attacks is always possible through available and secured data copies, and ensures regulatory requirements are met.

Learn more about how our solutions work.

All our solutions are supported by a Resilience Assurance Platform based on architecture that supports agile business requirements and serves as a single pane of glass through which IT can see, understand and manage its resilience and recovery needs. The platform delivers comprehensive reports of resilience status and makes use of an intuitive dashboard where tens of analyses of up-to-the-minute resilience levels are seen, and where more details can be learned by drilling down into any of the parameters shown.

* Cyber Attacks Cost $45 Billion in 2018.  https://www.securitymagazine.com/articles/90493-cyber-attacks-cost-45-billion-in-2018



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