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Cybersecurity Solution offers protection and response to multiple cyber threats through a layered approach. Protecting sensitive information from hackers is essential to maintaining a trusted financial institution; users want to be sure their confidential information is kept safe from criminals. Cyber criminals are becoming increasingly sophisticated and employ a range of techniques against financial institutions of all types.

Financial institutions have not always had the greatest reputation when it comes to protecting their networks from cyber intrusion. While some large financial institutions have been proactive in their efforts, many small banks and credit unions have not taken steps to address these issues. However, more financial institutions are turning to the use of an Information Security Management System (ISMS) and developing an Information Assurance program.

An ISMS provides a centralized, secure storage and retrieval platform for the data and information of any financial institution. By using an ISMS, security and compliance controls are increased and cyber risk can be minimized and mitigated. Using this method, an individual institution can create policies, regulations, and standards for the data they store to help reduce the chances of becoming the victim of a breach, which would allow malicious software to access the data.

As well as increasing security, the ISMS also offers a number of other benefits to financial institutions and individuals that store sensitive data on their network. For instance, it ensures that customer information is kept separate from sensitive financial data, which means that even if an employee of a financial institution is able to gain access to sensitive personal information, the company will not be affected. The Secure Data Center and Secure Database Center features will also keep information stored on the network from being stolen by hackers.

Companies have also begun to invest in software solutions that help to monitor the security of their networks. A comprehensive software solution can be customized to meet a variety of security needs and be used across a wide variety of applications. This helps organizations to detect changes in the security of their network and can also be used to alert administrators to events such as a hacker gaining access to a system, or as a potential malware entering a network.

Financial institutions need to be fully aware of the risks they are exposing their network to and develop a cybersecurity solution to ensure their networks remain secure. This will help them to protect their customers and the value of their investment.