Financial
Over the last decade, a fundamental transformation has occurred in the financial services sector. Mergers and acquisitions, regulatory changes, and the changing role of technology have reshaped the industry and significantly altered financial business practices. In response to these challenges, financial services companies have introduced streamlined and automated processing, extended networking, and new customer product suites. However, the infrastructure that supports internal operations and external data exchange is often provided by legacy and inherently complex core banking solutions. This creates significant challenges with regards to data security issues and security management.Additional information security challenges arise from a series of legislative and regulatory initiatives - including the Graham-Leach-Bliley Financial Services Modernization Act, Basel II, and the European Data Privacy Directive. These laws require enhanced security and privacy while raising the legal and financial stakes for enterprises that fail to meet the standards. Furthermore, many US financial institutions now require that security solutions comply with the requirements of FIPS 140-2 .
The SSH Tectia solution is designed to help your organization to effectively manage information security risks, and comply with external and internal security policies related to data communication. SSH Tectia provides your corporation with a flexible and powerful capability to execute your most critical business processes securely and reliably - now and in the future.
The SSH Tectia platform is designed to address the requirements of the financial services sector, and offers end-to-end secure communications with the following benefits:
