Financial Services

Protecting the Confidentiality, Integrity, and Availability of Financial Data

The financial services industry is the backbone of the global economy and continues to evolve into a complex network of services and providers. Transformation is on everyone's mind as increased competition, regulation, and globalization impact industry players of all sizes from Atlanta to Zanzibar. These companies face numerous challenges include privacy and data protection, fraud prevention and detection, and corporate governance. Even more pressing are the continual challenges in managing and complying with the wide and expanding body of laws and regulations including:

Gramm-Leach-Bliley Act (GLBA) mandates the protection of information from foreseeable threats in security and data integrity. This includes security over the collection, disclosure, and protection of personally identifiable information encompassed by the Financial Privacy, Safeguards, and Pretexting Protection rules.
Payment Card Industry Data Security Standard (PCI DSS) requiring all organizations that store, process, or transit payment cardholder data to comply with over 225 specific data security controls.
Sarbanes-Oxley (SOX), applicable for publically traded SEC organizations, the regulations include Section 302 which mandates controls over internal procedures designed to ensure accurate financial disclosure, and Section 404 which requires documentation and testing of the company's internal controls over financial reporting.
Data Privacy and Breach Notification laws in place in nearly all fifty US states and the European Union.
Other agencies regulating the industry including the Commodity Futures Trading Commission, Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), Office of Thrift Supervision (OTS), and U.S. Securities and Exchange Commission (SEC).

While this sector is no stranger to regulations the challenges have heightened the importance of effective information technology risk management to continue delivering stable returns and supporting robust governance and compliance processes. Today financial service companies of all sizes need stringent security and the ability to validate compliance to a broad audience of stakeholders.
TrustNet´s industry experts understand these challenges. Our solutions are designed to help financial services companies mitigate these risks and provide the most effective and efficient security and compliance solutions.

How TrustNet Helps Financial Services Companies

Security-as-a-Service

The iTrust security management platform protects computer networks from unauthorized use and malicious attacks from both internal and external sources. iTrust continuously and proactively monitors all network access points enabling financial services companies to rapidly identify security issues and eliminate network vulnerabilities before they can be exploited. It provides transparent, unobtrusive, continuous, surveillance, interception, and response to security threats. The cloud and appliance based security-as-a-service is designed for organizations with limited in-house security resources who face the same type of threats as large enterprises. The iTrust security management platform is delivered as an on-demand Web service and fulfills both security and compliance objectives significantly more cost-effectively than traditional enterprise software and hardware.