Regulatory Compliance: Banking & Finance
Banks, brokerage firms, and insurance companies are intent on ensuring customer confidence and trust by protecting private and sensitive information. Balancing availability and information security are essential for customer loyalty and compliance with all federal regulations.
Financial services IT professionals use Metaflows to:
- Protect critical infrastructure and sensitive data. Banking and financial networks are critical infrastructures. In many instances, the transactions being processed represent not only the life savings of individuals, but also the lifeblood of the global economy. Therefore, banking network security has unique requirements because of the sensitivity of information on financial networks. From an information security perspective, this requires greater care to avoid reputation-damaging security breaches.
- Comply with a multitude of regulatory requirements. Federal law regulates financial network security. Among these, banking and other financial networks must comply with:
- Secure legacy systems. Many banks and other financial institutions continue to operate with legacy computing infrastructures, including numerous mainframe-based applications. These systems are often interconnected with systems that are more modern, and continue to perform mission-critical functions. Therefore, financial institutions cannot easily remove these legacy systems from service for remediation in the event of a security violation. However, many of these older systems are also exposed to network-borne threats. The importance of a comprehensive network security platform cannot be understated. Metaflows provides both hardware appliances and software to protect your network’s legacy systems.
- Keep pace with the explosive growth in network traffic. As the volume of networked financial transactions continues to grow, bank network security is more important than ever to maintain the availability, capacity, and performance of the networks processing these transactions.