FCI Strengthens Data Exfiltration Protection for Financial Services Firms | News

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BLOOMFIELD, NJ, March 29, 2022 /PRNewswire-PRWeb/ — Last year was a record year for data breaches. According to Identity Theft Resource Center (ITRC), “the total number of data breaches via September 30, 2021 has already exceeded the total number of events in 2020 by 17%.

Regulators have moved from vague outlines of cybersecurity regulations to increasingly prescriptive ones as companies in the sector try to keep up with the changing landscape. The advice of the SEC and backed by FINRA described, “Under the SEC SP regulationscompanies are required to have policies and procedures relating to the protection of customer information and records. understand identify and prevent the transmission of sensitive data (eg, account numbers, social security numbers, business information, and source code) from leaving the organization.

The phases of cyber threats range from a single hacker making a threat for fame or money to more serious organized crime for ransoms and the extreme being state-sponsored threats to spy on and hack into large systems . From this comes a Zero Trust mentality to mitigate risk. A Zero Trust approach treats users, devices, and systems as potential threats until proven otherwise – verify first, then trust. Without controls in place, there is nothing stopping someone from pulling data to an external system. In a BYOD world, protection is key.

FCI enables enterprises, field offices and home offices to prevent data exfiltration and leaks with a Data exfiltration protection solution this:

  • Provides visibility into the movement of private data to other systems and locations
  • Allows cyber teams to monitor, alert and block the transfer of private data
  • Offers reports and a dashboard for better proof of compliance

Brian EdelmanFCI Founder and CEO notes: “With this unique solution, we have created coordination between data exfiltration protection and private data systems. We also have coordination between the device and the user – we know ‘who’, not just which device. This solution has been validated and is now being used by a large Tier 1 life insurer and other new customers at the corporate and field office levels. Our passion is to stay aware of threats and regulations to help businesses understand how to stay compliant and keep data secure.”

About FCI Cyber ​​FCI is a NIST-based Managed Security Service Provider (MSSP) that provides cybersecurity compliance enabling technologies and services to organizations’ CISOs and security personnel. financial services industry with prescriptive cybersecurity regulatory requirements. FCI combines best-in-class technologies, cybersecurity best practices, expertise and innovation to perform security assessments and deliver cloud-based managed endpoint and network protection. http://www.fcicyber.com

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michelle campioneFCI, 1 888 434 6443, [email protected]

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