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Financial Services Firms
Must Stay Ahead Of Cyber Criminals

The financial services industry is a top target for sophisticated cyber criminals. Financial firms must take proactive steps to detect and prevent cyber attacks.


Attacks on financial services firms are becoming more frequent and dangerous.


A data breach leads to fines, lawsuits, and loss of consumer confidence.


Privilege management stops threats from reaching sensitive data and systems.

The most fundamental security strategy is protecting privileged accounts

Financial institutions must have adequate security controls in place to protect privileged accounts – including administrative credentials, service and application accounts, and root accounts that control the most sensitive and critical systems. Financial firms need simple, scalable solutions to detect, manage and secure privileged accounts.

Financial institution team discusses privileged accounts

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The financial services industry has been a consistent top target for cyber criminals. The historic data breach of JP Morgan Chase is not an isolated incident; cyber criminals launch attacks on banks and other financial firms every day, whether they know it or not. Most cyber-attacks are not detected until consumers report identity theft, auditors find defects, or other third parties expose vulnerabilities.

As financial services firms adopt IoT solutions, transition to the cloud, and manage big data, their systems become increasingly vulnerable to cyber attacks. Security controls must keep pace with dynamic and complex threats.

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quotation markWhile the financial sector has made substantial technological advances, it’s still tied to security solutions that worked in the past but aren’t necessarily the most effective at stopping modern attacks.

– Garrett Bekker, 451 Research

“With Thycotic It’s Fast And Easy And It Just Works”

quotation markI have used other solutions, and most of them I did not
like. I went looking for something that wasn’t them.

Anne Gorman,
VP Access & Identity Management,

Privileged Access Management Policy Template Cover

Save countless hours!

Free Privileged Access Management Policy Template

Privileged account credentials are a prime target of cyber criminals, so it’s critical that you put password protection policies in place to prevent unauthorized access and demonstrate security compliance.

Editable, easily customized Microsoft Word document

Companies managing
credit card data must
comply with PCI DSS

Thycotic’s Secret Server password management software equips you with the means to apply these measures to your password management process.

The Payment Card Industry Data Security Standard (PCI DSS) is a worldwide information security standard for all organizations that process credit cardholder information.

With 12 requirements and 200 sub-requirements, PCI DSS compliance focuses on topics like:

  • Maintaining a secure network
  • Vulnerability management
  • Access control measures
Privileged Access and the SWIFT Customer Security Control Framework

Financial services must follow the SWIFT customer security control framework

Critical infrastructure
must meet NIS
Control Objectives

With every bit of our society becoming increasingly connected, our Critical Infrastructure is becoming more vulnerable to cyber-attacks. A sabotaged Critical Infrastructure network can result in genuine life or death situations if not addressed, and the threat is very real.

What you’ll learn:

  • Governance – putting in place policies to govern network security
  • Asset management – discover and map all devices
  • Identity and access control – create policies and controls around who has access to what devices and what operations can be performed on devices
  • System security – enforce policy and detect violations
  • Security monitoring – identify and report on threats in real-time
NIS Compliance Report
Meeting Federal CNSS, OMB / FISMA, NIST Requirements

Companies with
government clients must
support NIST FISMA

To protect classified data and mission-critical government systems from cyber attacks, the Federal Information Security Management Act (FISMA) mandates that federal agencies and government contractors develop, document, and implement a cyber security program.

The National Institute of Standards and Technology (NIST) outlines steps covered entities must take to comply with FISMA in NIST SP 800-53. It provides a framework for federal agencies and contractors to implement security controls.