March 21, 2018//Ellen NeveuxLast Updated: June 04, 2021
Like any business, financial companies are only as secure as the weakest link in their supply chain. If a third-party vendor is vulnerable, so is your company.
Banks, credit unions, investment companies, and others in the financial sector must remain compliant with Sarbanes-Oxley, Gramm-Leach-Bliley, and other regulatory guidelines. In the United States and around the world, network connections that are not secure and inadequate IT protection tools can lead to lost data and regulatory non-compliance.
Poor cybersecurity practices add up to major issues as weak security disrupts business here and abroad, including:
As disruptive new technology and business interests unsettle the traditional financial sector, network security gaps occur through inattention, legacy IT systems, and unmonitored third-party IT support. Finance IT tech support, operating independently of its clients, can easily introduce unintended vulnerabilities that leave open windows for hackers.
Plugging the security gapes in finance IT
As the war between hackers and IT security specialists escalates, network protection is critical for financial institutions because their network is both their asset and their intellectual property. Providing compliant financial services and storing sensitive consumer data requires a secure remote access platform that captures and resolves gaps, poor practices, credentialing, and the need for audits.
When you look for a secure platform, investigate the availability of tools and capabilities that include:
Your network is only as strong as its weakest link. When you need to reduce liability and boost compliance, talk to us about our secure remote access platform designed specifically to meet the needs of financial organizations and their IT vendors.
Our sole focus is secure third-party remote access. For highly regulated enterprise organizations, SecureLink Enterprise has pioneered a secure remote access platform. SecureLink for enterprise allows an organization to identify, control, and audit third-party vendors. For vendors, SecureLink is the gold standard remote access support platform because it is easy, efficient, and ensures compliance and reduces liability when supporting customers.