Securing financial services network data
Financial services is one of the most tightly regulated business sectors. The FSA, the Data Protection Act, GDPR, PCI/DSS and Euro SOX all have implications for securing financial data in transit.
Personal data is a valuable commodity. Most financial institutions will hold extensive personal and financial data on their customers, including names, addresses, dates of birth, bank account details, PINs and passwords. Ironically, a lot of this data is held to ensure secure identification of customers in the first place.
A financial institution's responsibility to data security doesn't end at the front door. They are also responsible for the data when it is shared with a third party. No matter how secure your internal policies and practices, once your data is traversing the public network, it's vulnerable.
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