Industries

Meet Privacy Regulations in Financial Services

In 2022, the average cost of a data breach in the financial services sector was $5.97 million. Financial institutions are heavily targeted and regulated because of the amount of Personally Identifiable Information (PII) and Payment Card Industry (PCI) data they have. And without a first line of defense, your data is exposed and available to risk.

Solutions

It's not just third parties.
Firms also need to manage threats from current and former employees, as well as partners with privileged access to sensitive data.
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Remote access for everyone.
Remote employees share sensitive customer information internally with partners and regulatory agencies, which puts the data at greater risk than before.
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Don't forget Compliance.
Quickly respond to regulatory audits and data subject requests with a comprehensive audit trail of document access.
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Fasoo Data Security Platform

Fasoo fortifies and scales today’s enterprise infrastructure with strong unstructured data protection and control. Our comprehensive platform is deployed with over 2,000 customers to discover, classify, protect, control, trace, and securely share critical business information.

Discover

Discover

Fasoo Data Radar
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Classify

Classify

Fasoo Data Radar
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Encrypt & Remediate

Encrypt & Remediate

Fasoo Enterprise DRM
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Access Privileges

Access Privileges

Fasoo Enterprise DRM
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Trace & Audit

Trace & Audit

Fasoo Integrated Log Manager
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Protecting our customers’ sensitive information and complying with data subject requests allows us to adhere to regulatory mandates and is critical to our agility and maintaining trust with our customers.

Resources

New York DFS Cybersecurity Regulations

Document

Fasoo can help meet the NYDFS Part 500 Data-Centric security requirements for financial institutions doing business in NY to protect consumer data and ensure a secure business environment.
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Quick Wins in Data Security & Compliance

Document

Fasoo provides the data discovery, classification, and persistent security solutions demanded for today’s cybersecurity compliance and regulations.
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Get serious about NYDFS Data-Centric Requirements

Document

CISO/CCOs faced new NYDFS 23 NYCRR 500 deadlines in 2018 and need to align their Data Governance Programs to address data-centric security and compliance requirements.
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