Protecting Critical Data in the Financial Sector
How to Reduce Business Risks by Preventing Confidential Data Leaks
Last year almost USD8 billion was lost via data leakage in the financial industry. Could these leaks and the resulting losses have been prevented?
InfoWatch, one of the leading global Data Leakage Protection (DLP) solution providers is of the opinion that the leaks could have been detected early and minimized quickly, if not predicted and prevented all together.
The company which has partner networks in Russia, the Middle East, India, Malaysia, Western Europe, and Brazil, will be hosting a webinar on protecting critical data in the financial sector on August 12th at 3:00pm. The webinar will be hosted by InfoWatch, Business Development Director, Mr. Andrey Sokurenko.
Register for free at infowatch.com to find out what gives the IT team at financial institutions sleepless nights, and the solutions available to monitor, analyze and protect corporate data before leaks occur.
Consider that critical data leakage, online fraud, loss of reputation and theft via information systems could be mere clicks away for organizations. For financial institutions it is estimated that every customer credit card information that is compromised results in an average USD2,000 loss. While financial losses can be quantified, damage to the organization’s reputation can have even greater impact.
Add to that the very real risk of loan fraud, database leakage, sabotage, and leakage of bank regulations, and the need for better safeguards that provide a higher degree of protection and early detection becomes a necessity.
“The problem of critical data leakage in the financial sector is rampant, and frequently under-reported due to the serious repercussions. InfoWatch understands these problems and has solutions data leakage protection solutions developed to protect financial organizations against information loss. The webinar format allows a greater degree of anonymity and discretion so that pressing questions can be asked and answered securely and privately,” said InfoWatch’s Business Development Director, Mr. Andrey Sokurenko, who will also host the session.
InfoWatch provides services which automates protection against internal threats while covering technical and legal aspects. Their services also reduce operational, reputational, financial, and legal risks. InfoWatch’s solutions have a focus on business and come with the latest technology and innovations, incorporating forensics to create a more secure environment.
Mr Sokurenko provided a preview of case studies including the case of a bank that engaged infoWatch’s services and quickly discovered that an employee had printed more than 30,000 clients’ personal data records while another employee had copied more than 100,000 of clients’ personal data records on a USB drive. It was also found that bank employees discussed how they planned to manipulate the currency exchange rate and mislead competitors on Skype. Quick action was taken to plug these leaks.
For more information on the webinar and to register, head to infowatch.com.
How to Reduce Business Risks by Preventing Confidential Data Leaks
Last year almost USD8 billion was lost via data leakage in the financial industry. Could these leaks and the resulting losses have been prevented?
InfoWatch, one of the leading global Data Leakage Protection (DLP) solution providers is of the opinion that the leaks could have been detected early and minimized quickly, if not predicted and prevented all together.
The company which has partner networks in Russia, the Middle East, India, Malaysia, Western Europe, and Brazil, will be hosting a webinar on protecting critical data in the financial sector on August 12th at 3:00pm. The webinar will be hosted by InfoWatch, Business Development Director, Mr. Andrey Sokurenko.
Register for free at infowatch.com to find out what gives the IT team at financial institutions sleepless nights, and the solutions available to monitor, analyze and protect corporate data before leaks occur.
Consider that critical data leakage, online fraud, loss of reputation and theft via information systems could be mere clicks away for organizations. For financial institutions it is estimated that every customer credit card information that is compromised results in an average USD2,000 loss. While financial losses can be quantified, damage to the organization’s reputation can have even greater impact.
Add to that the very real risk of loan fraud, database leakage, sabotage, and leakage of bank regulations, and the need for better safeguards that provide a higher degree of protection and early detection becomes a necessity.
“The problem of critical data leakage in the financial sector is rampant, and frequently under-reported due to the serious repercussions. InfoWatch understands these problems and has solutions data leakage protection solutions developed to protect financial organizations against information loss. The webinar format allows a greater degree of anonymity and discretion so that pressing questions can be asked and answered securely and privately,” said InfoWatch’s Business Development Director, Mr. Andrey Sokurenko, who will also host the session.
InfoWatch provides services which automates protection against internal threats while covering technical and legal aspects. Their services also reduce operational, reputational, financial, and legal risks. InfoWatch’s solutions have a focus on business and come with the latest technology and innovations, incorporating forensics to create a more secure environment.
Mr Sokurenko provided a preview of case studies including the case of a bank that engaged infoWatch’s services and quickly discovered that an employee had printed more than 30,000 clients’ personal data records while another employee had copied more than 100,000 of clients’ personal data records on a USB drive. It was also found that bank employees discussed how they planned to manipulate the currency exchange rate and mislead competitors on Skype. Quick action was taken to plug these leaks.
For more information on the webinar and to register, head to infowatch.com.
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