Background

For financial institutions, data security is both an operational and regulatory imperative. A bank or financial services provider that fails to protect a customer's financial data faces the threat of losing customers, tarnishing their reputation and eventually losing competitive advantage. There are some key questions you should think about when it comes to securing your customers' important financial data, including:

• How does regulatory compliance, like GLBA, affect the way your data needs to be handled & audited?
• Who has access to your sensitive files?
• What would the impact be if these files, including sensitive customer data, were compromised?
• Where and when is this data being sent?
• Why would you let employees/partners share your files over insecure FTP, email or IM?

Questions still linger on how to meet compliance regulations that affect financial institutions, like GLBA, PCI, and SOX.

With increased government regulation and oversight in the form of mandates such as GLBA, PCI, etc., no organization that deals with financial information can afford to ignore the very real challenge of ensuring data security, integrity, and privacy.

Learn more about how your organization can meet these compliance challenges as it relates to financial data security as well as how to manage your partners to ensure that they are also following acceptable data sharing practices. And hear how other financial institutions are tackling these very important data security issues.