Financial institution’s customers suffer frequently attacks that could result in loss of data, assets, and most importantly, customer confidence and brand reputation.
Financial industries are responsible for storing vast amounts of sensitive customer data, including personal information, financial transactions, and banking details. Compromised data can lead to identity theft, financial fraud, and other criminal activities. Safeguarding this data is critical to maintaining customer trust.
​
Online banking users are increasingly exposed to new attacks like spear-phishing, keyloggers, password spraying, Ursnif, and more. The problem? How can they manage outside assets while ensuring customers a safer online banking experience?​​
Financial industries are responsible for storing vast amounts of sensitive customer data, including personal information, financial transactions, and banking details. Compromised data can lead to identity theft, financial fraud, and other criminal activities. Safeguarding this data is critical to maintaining customer trust.
​
Online banking users are increasingly exposed to new attacks like spear-phishing, keyloggers, password spraying, Ursnif, and more. The problem? How can they manage outside assets while ensuring customers a safer online banking experience?​​​​
​Key challenges for Financial Industries:
​
-
Failure to follow security protocols: According to a recent survey by Clearswift, 70% of the financial institutions have experienced a security incident in the last 12 months. It was found that employees’ failure to follow the security protocols and procedures is the leading cause of most incidents.
-
Insider threat: 97% IT Leaders Consider ‘Insider Threats’ as a Major Concern
-
Akamai's Cybersecurity report stated that, 94% of reported cyberattacks against the financial services sector were carried out by four methods. They are-
-
SQL Injection (SQLi)
-
Local File Inclusion (LFI)
-
Cross-Site Scripting (XSS)
-
OGNL Java Injection
-
How MasonBlue Security Can Help Financial Institutions? MasonBlue Security provides tailored cybersecurity solutions for the financial industry, ensuring robust protection against evolving cyber threats and compliance with regulatory requirements. By leveraging advanced technologies and industry expertise, we help financial institutions protect their sensitive information, prevent financial fraud, and maintain customer trust.​​​
Solutions Presented by MasonBlue Security to Our Valued Customers
-
Advanced Encryption: Implement robust encryption protocols to protect sensitive data both in transit and at rest.
-
Data Loss Prevention (DLP): Our DLP solutions monitor and protect data from unauthorized access and exfiltration.
-
Threat Intelligence: Utilizing advanced threat intelligence, we identify and mitigate threats before they can cause harm.
-
Endpoint Detection and Response (EDR): Crowdstrike deployment for real-time monitoring and swift response to potential threats.
-
Continuous Compliance Monitoring: Implemented tools and processes to maintain Compliance with Regulatory Requirements, ensuring adherence to standards like GDPR, HIPAA, and PCI DSS.
-
Intellectual Property Protection : We have deployed advanced security measures to protect proprietary technology and sensitive information.
-
Risk Assessments: Conducted thorough risk assessments to identify vulnerabilities and develop mitigation strategies.
​​​
Case Studies
​​​
Enhancing Cybersecurity for a Leading Investment Firm
Challenge:
A leading investment firm faced increasing cybersecurity threats and stringent regulatory requirements. The firm needed to enhance its security posture to protect sensitive financial data and maintain client trust.
Solution:
MasonBlue Security implemented advanced threat detection systems and comprehensive compliance monitoring. This included deploying EDR solutions, integrating SIEM systems, and providing continuous threat intelligence.
Results:
-
40% Reduction in Security Incidents: Improved threat detection and response capabilities led to a significant decrease in security incidents.
-
Full Regulatory Compliance: Ensured adherence to financial regulations such as GDPR and PCI DSS, avoiding potential fines.
-
Enhanced Client Trust: Strengthened security measures bolstered client confidence and trust.
-
Insurance Industry: Securing Data for a Major Insurance Company
​​
​Insurance Industry: Securing Data for a Major Insurance Company
Challenge:
A major insurance company needed to protect its vast amount of sensitive customer data from cyber threats while ensuring compliance with industry regulations.
​Solution:
MasonBlue Security provided a comprehensive security solution, including AI-driven threat detection, compliance monitoring, and risk management. The solution also featured advanced encryption and data loss prevention (DLP) strategies.​
Results:
​
-
Proactive Threat Management: AI-driven analytics and automated threat detection significantly improved the company's ability to manage threats proactively.
-
Regulatory Compliance: Continuous compliance monitoring ensured adherence to regulations such as HIPAA, protecting sensitive customer data.
-
Operational Efficiency: Automated security tasks and improved incident response reduced downtime and enhanced overall operational efficiency.
​​
For more information on how MasonBlue Security can help secure your financial institution, contact us. Let us partner with you to protect your valuable assets and enhance your security posture. Email: info@masonblue.com
​​
