Alertness remains important
A good cyber-security solution is seamlessly in line with the processes within financial institutions. However, the first step is to ensure that employees at all levels are aware of a secure way of working and handling data. Tesorion offers (online) training sessions to teach employees basic knowledge when it comes to, for instance, the use of passwords, the sharing of account details, leaving a workplace behind unattended, or the sharing of financial data. Of course, we can also test the awareness and the alertness amongst the employees together.
Moreover, the management focus on cyber-security becomes ever more important, also because data, data use, and data analysis are applied on an ever-broader basis in the financial world. Consequently, cyber-security is a theme that regards the entire organisation and not just the IT Department. For instance, think about the monitoring of money flows, big data analysis for the development of new services or for the compilation of trend reports.
Organisations in the financial industry are attacked 300 times more often than in other industries.
Source: Boston Consulting Group, 2019, global-wealth-report
Technological changes: risk or necessity?
Ever more often banks and insurers become the victim of cyber-criminals. At the same time, the rules of, for instance, the ECB and the Solvency II framework and the relevant supervision by DNB become ever more stringent. To make it even more complex, all these rules have their own framework that you must comply with and they may require something slightly different. This results in a tension field between the development of innovative services and the hedging of the associated risks. In case of innovation, investment in security is required in advance. By including security from the start, the so-called security-by-design, it is possible to ensure that the measures are demonstrably in line with all frameworks.
A good night’s rest for all, because Immunity detects and isolates automatically
Digitalisation, automation, and new forms of services therefore bring about various challenges in the area of cyber-security. One of the things that should be in order in this respect is the security of the business network. Tackle the risk of malware that originates from outside the organisation in the same manner as the risk of an infected device present on the network. In both instances, immediate and automated actions are necessary.
A solution is needed that detects the various threats automatically, classifies them on the basis of policy rules, and then isolates the relevant systems.
Tesorion Immunity does not allow anyone who represents a threat to your data to gain access. Even in case of already trusted devices, Tesorion Immunity pays attention to deviating behaviour and immediately reacts to threats by isolating an infected device. That is how security of your most precious assets should be organised.
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