For any banking organization, connectivity and data security are two major blocks of the infrastructure framework. With the evolving application framework, the banks require an always-on network connectivity. Data Security is a prime concern and any breach of the financial or organizational data can lead to huge losses, unwieldy consequences and loss of hard earned reputation and loyalty.  Banks share and hold private and sensitive data pertaining to their clients and their transactions. These are high value data and if not secured, could affect the clients, the state, federal institutions or even the country.

As per Verizon’s Data Breach Industry Report 2018, banking Trojan botnets and Denial of Service are by far the most common attacks and the 92% of the breaches are due external threat actors. What could be a more elegant example than the SWIFT bank attack on Bangladesh Bank or the Punjab National Bank’s Rs 114-billion fraud brought attention to the fact that many banks don’t have SWIFT integrated into their CBS.  As mentioned on Floridatrend, Banking and Financial Services has always been the favorite targets since the early 2000s. Though the walls have been tightened up, they stand 2nd most targeted as per an article on Forbes, only after healthcare.

SWIFT published a set of baseline security controls that all clients must implement on their local SWIFT-related infrastructure. As a part of the Customer Security Program, SWIFT has defined 27 controls for every client to adhere to. Interestingly, with Instasafe Secured Access, the clients can get the exact piece of the puzzle that fills this gap and makes the whole banking system breach free.

MPLS failure is a common phenomenon and a major concern for a financial institution where secured connectivity is equally important as data security. Any failure in connectivity or breach over the network is not acceptable. This could cost the financial organization a heavy penalty and loss of reputation. Instasafe Secure Access brings just the right choice for you. All you need is an internet connection. If there is any problem with the existing MPLS network, ISA takes over and make sure you are connected and secured as always.

With Instasafe Secure access you get implement the best in class security with no hardware requirement at all. Trusted for military grade security, ISA works on the Software Defined perimeter Architecture that protects your on premise as well as cloud applications and data by permitting only outbound communication and no inbound communication. This blackens out your organization’s infrastructure from the external world making it invisible to threats and vulnerabilities. Small or big organization, we do it for all with ease because of our agility to scale up as per our clients’ requirement.

Security is never complete only if a few ends are tied up. Even the tiniest compromise can cost heavy to a financial institution. Not just development practices but also network practices and data usage policies are of utmost importance in a financial institution. We understand that the need of the time has pushed organizational boundaries and our workforce keep travelling around the world and communicating. Securing the data in their devices are a prime concern. With this in mind we developed the system to suffice all your needs. Now your workforce sitting in any part of the world is part of your secured network. They are equally secured as you are.