Safeguarding Customer Information and Driving Digital Innovation in Financial Services
Safeguarding Customer Information and Driving Digital Innovation in Financial Services
3 PagesFinancial services face rising cyber risks as they adopt digital innovation, manage sensitive PII, and meet strict regulations. With 71% of banking breaches involving compromised credentials, privileged access is a prime target for attackers and insiders. CyberArk’s Privileged Access Management secures on-premises, cloud, and DevOps environments by automating credential protection, rotating passwords and SSH keys, enforcing least privilege, and providing session monitoring with real-time anomaly detection. This ensures compliance with regulations like GDPR, PCI-DSS, SOX, and Basel III while enabling secure digital transformation. By reducing risk and protecting customer data, institutions can innovate confidently and maintain trust.
