GLBA/FFIEC COMPLIANCE
Improve Security Visibility, Detect Threats and Protect Customer Data
US financial services institutions must protect their customers’ financial information in accordance with the Gramm-Leach-Bliley Act (GLBA) and Federal Financial Institutions Examination Council (FFIEC) guidelines. The FFIEC prescribes uniform guidelines for a range of financial institutions including banks and credit unions. A loss of data or confidential information can negatively affect a bank’s brand and undermine consumer trust. Failure to meet compliance mandates can also result in penalties including fines, restitution orders, requirements to take corrective actions, and prohibition orders.
Financial services organizations must have a robust cybersecurity program that includes the following:
Proficio provides 24/7 security monitoring and alerting from our network of global Security Operations Centers (SOCs) in the US, Singapore, and Spain. Our Managed Detection and Response services are a critical component of any financial services organization’s program to protect consumer data and proprietary information. Proficio uses a combination of threat discovery uses cases, AI-based threat hunting models, and security analyst investigations to determine which security events should be escalated for automated or manual incident response. Our proprietary Threat Intelligence Platform (TIP) enriches log data, provides context to alert notifications, and enables us to more accurately detect threats. Proficio uses industry–leading scanning technology for vulnerability management to discover assets and known vulnerabilities. Vulnerabilities are prioritized by the type of asset and whether the vulnerability is real and exploitable. Proficio uses a patent-pending algorithm that quantifies risk and identifies gaps in security controls, continuously improving in an organization’s security program.