Financial Services

The Risks of Unstructured Data

Financial Services organisations have mature risk management and information security practices resulting from the need to comply with a wide variety of regulators and regulations. Security and compliance for transaction processing applications is relatively well-understood and governed. Understanding and addressing the security and compliance implications of unstructured data, however, has not been dealt with to the same level of maturity. Cloud adoption, increasing sophistication of attackers, and regulatory drivers such as GDPR mean that financial services organisations must address the shortcomings in their ability to manage privacy and compliance risks associated with unstructured data.

Securing Unstructured Data with Cipherpoint

Cipherpoint provides a unique solution for securing sensitive and compliance regulated unstructured information. cp.Discover centrally locates restricted and regulated information and allows cp.Protect to control and track all access requests.  Unlike traditional monolithic security tools, Cipherpoint solutions are easy to deploy, configure, and manage, and the combination of security controls may be used to strongly secure information from unauthorised access including the ability to enforce privileged user access control.

cp.Discover

Locate and identify restricted information in cloud and on-premises file sharing environments

Encryption

Encrypt objects that contain restricted information using FIPS 140-2 and Common Criteria validated cryptography

Blind Admins

Control privileged user access to restricted information without impacting the IT administrators’ abilities

Logging

Activity logging for all permitted/ denied requests to restricted information, which can be forwarded to a SIEM solution

cp.Protect

Mandatory Access Controls for restricted information to balance user empowerment with the enforcement of corporate policies