AXONIUS FOR FINANCIAL SERVICES INSTITUTIONS

Connected assets and new innovations continuously emerge within the financial services sector. Banks, credit unions, and insurance companies must understand and manage their cybersecurity risks to remain competitive. The Axonius Platform empowers financial organizations to see and manage all assets and the threat landscape.

PROTECTING FINANCIAL INSTITUTION CYBER ASSETS AND SYSTEM INTEGRITY WITH AXONIUS 

Increasing network scope and complexity are rampant in the financial services sector. Between the sensitivity of the data financial institutions (FIs) collect, process, and store, to the ways in which employees, partners, and consumers access data, FIs are challenged to fully understand the cyber asset attack surface. 

Between BYOD, work-from-anywhere, increased SaaS consumption, and an increase of IoT and unmanaged devices in financial environments, FIs must have a trustworthy source to show what assets are communicating on and with their networks. Financial institutions must identify any weaknesses or risks in their assets and take steps to reduce any potential threats.

The Axonius Platform helps financial institutions understand and manage cyber risk related to assets. It does this by using a large network of adapters. This platform provides a complete solution for FIs.

FINANCIAL SERVICE INSTITUTION CYBER THREATS

Integrity of financial data and records: By its very nature, financial information is sensitive, private, and privileged. Most of this information is siloed and protected with varying degrees of control. FIs must be able to identify all data locations, access controls to those systems, relationships between data repositories, and vulnerabilities that could lead to compromise. 

Fraud, impersonation, and stolen identity: Cyber criminals target privileged users in financial organizations in order to gain unauthorized system access and commit fraud, impersonation, or steal identities for financial gain. Security control blind spots must be eliminated using cyber asset management and vulnerability mitigation.

System availability: Outages or disruptions to banking systems can be catastrophic. FIs need to holistically understand all the assets in their digital ecosystems, along with asset-related data, that will help prevent unexpected disruption, intrusions, or data loss. 

A growing number of connected devices: ATMs, customer service kiosks, physical security devices, and other non-traditional hardware and software used for financial services can’t always be seen or protected with traditional IT security tooling, leaving gaps in coverage and introducing cyber risk.