Maintain Control Over Financial Data

Next-Generation Security

As financial service organizations gather 360-degree views of customer activity to accelerate real-time sales and marketing strategies, they’re sharing highly sensitive financial information with third parties—from business partners and service providers to contractors and suppliers—increasing the vulnerability of already sensitive data.

Meanwhile, cybercriminals have targeted financial services and insurance firms with increasingly large-scale and sophisticated attacks. Despite the financial and reputational impact of these attacks—as well as increasingly stringent compliance requirements mandated by regulators—many organizations do not have adequate strategies in place to prevent breaches and keep their data safe. Worse yet, firms are not managing threats from third parties or “insiders”—current or former employees and partners with privileged access to data.

Transitioning to digital channels and other technologies may benefit financial services, but also introduces new risks, leading financial institutions to focus on enhancing protection on behalf of customers. Cybersecurity threats have also moved from attacks on individual institutions to attacks on the larger financial system, demanding new strategies.

By 2025, 75% of organizations will have experienced a data breach caused by the failure to implement and maintain effective data security governanceGartner

PK Protect for Financial Services

Continuous Protection for
Records and Data Elements

Cybersecurity and personal data protection mandates are continually being revised as technology expands and improves. PK Protect adds additional protection by identifying data that can and/or should be archived or deleted based on policy, age, or lack of use.

Additional Resources

  • Case Study - American Multinational Finance Company Data Protection
    PKWARE December 20, 2024
  • Case Study - Leading Bank Boosts Compliance with PK Encrypt
    PKWARE December 18, 2024
  • Harvest Now, Decrypt Later Cybersecurity Attack
    PKWARE December 3, 2024
  • Top Cybersecurity Predictions for 2025
    Jason Dobbs November 18, 2024

Additional Resources

  • Case Study - American Multinational Finance Company Data Protection
    PKWARE December 20, 2024
  • Case Study - Leading Bank Boosts Compliance with PK Encrypt
    PKWARE December 18, 2024
  • Harvest Now, Decrypt Later Cybersecurity Attack
    PKWARE December 3, 2024