Financial institutions are one of the most targeted victims of cybercrime. The industry is a recognized target for ransomware and other cyberthreats such as phishing attacks, sophisticated impersonation schemes and malicious insiders. Protecting personal identifiable information (PII) is a high priority for financial institutions.
Financial organizations manage the flow of money and personal details of businesses and individuals across the globe and rely on email as a primary mode of communication. To serve their customers and to work with their ecosystem of business partners, financial services companies need to transmit and store a lot of very sensitive content. As a result, cyber-criminals frequency launch sophisticated cyberattacks against them with the intention to disrupt day-to-day business operations and/or steal valuable Personally Identifiable Information (PII) to sell on the black market.
For financial organizations, trust and brand reputation are huge in earning new and maintaining existing customers, so it’s critical to keep customer data and money safe.
Given all of this, it is no surprise that the financial industry is so highly regulated. Archiving plays a big role in maintaining regulatory compliance as banks are required to prove to auditors that data is replicated, stored in a tamper-evident database and accessible over extended periods of time. Data retention policies and easy, reliable e-discovery access are necessary to maintain business integrity. Protecting their reputation, complying with industry data protection regulations and minimizing fines associated with lawsuits and compliance violations are top-of-mind for financial institutions.
Mimecast provides pervasive protection against email-borne malware, malicious URLs and attachments, spear-phishing, and impersonation attacks launched by cybercriminals, nation states, and hacktivists. It extends beyond your perimeter to protect domains your organization owns and block and remediate against domains impersonating your organization. Leveraging a true cloud architecture, Mimecast also helps to reduce both operating and capital expenses, while dramatically improving performance and enhancing your organization’s email security and archiving posture.
Mimecast’s solution addresses the email challenges of financial services organizations, by providing:
Pervasive protection against email and web-borne security threats and protect PII.
Brand protection by preventing malicious internal breaches, credential theft, and domain impersonation
Immutable cloud archive and data retention policies for compliance with industry regulations.
A pervasive security strategy to protect at, inside, and beyond your perimeter to defend against malicious and careless actors.
Prevention of inadvertent or deliberate data leaks and protect valuable information in-transit.
Reduced cyber risk by improving security awareness.
Protection against malicious or inappropriate web activity.
Nearly 90% of organizations have seen email attacks increase or remain constant since 2017.*
Most gateway solutions stop spam and viruses but fail to address one of the biggest threats facing your company: email-borne threats.
Mimecast Advanced Security includes protection from email-borne malware, malicious URLs and attachments, spear-phishing, and impersonation attacks.
*The State of Security 2018 Report
Organizations can no longer rely on a defense-only strategy to keep them safe. They need a plan to keep email flowing in the event of an attack and the ability to recover lost or locked data quickly after an attack.
Mimecast Secure Messaging
Initiate secure email delivery to safeguard sensitive information shared with colleagues and partners via email. Control the flow of data with configurable options that include setting expiration dates, read receipt, no print, no reply, forward restriction, revoking access and more.
Even the best employees can be maddeningly careless and resistant to change. Their casual mistakes can lead to disaster — and the cost can be staggering to your organization. Improve security culture with engaging content and advanced risk scoring.
While the majority of cyberattacks continue to be delivered through email, 91% of malware uses the web – and specifically DNS – to function once it lands. When combined, email and web represent the initiation point for 99% of successful breaches.
Block activity initiated by user action or malware and access to inappropriate websites. Enhance protection with fully integrated web and email security.