Tenable Holdings Inc.

11/04/2024 | News release | Archived content

Securing Financial Data in the Cloud: How Tenable Can Help

Preventing data loss, complying with regulations, automating workflows and managing access are four key challenges facing financial institutions. Learn how Tenable can help.

Imagine a bustling bank, made not of bricks and mortar, but of a swirling mass of data in the cloud. Account numbers, transaction histories and personally identifiable information (PII) zip across servers, powering the financial world. Holding all this sensitive data requires tremendous care. Therefore, securing this sensitive information is paramount.

This is where Tenable Cloud Security steps in, offering a data security shield specifically designed for the unique needs of financial institutions.

The challenge: A data deluge demands vigilance

Financial institutions generate massive volumes of data daily. While the public cloud offers unparalleled capacity to store such data, along with agility and scalability, the cloud also expands the attack surface. Legacy cybersecurity solutions are often unable to manage - let alone secure - the sheer volume of data and the variety of ways it is accessed, leaving organizations exposed to malicious actors. At the same time, financial institutions must keep up with new and evolving compliance standards and regulations set forth by governing bodies. Financial institutions need a security platform that helps them protect their data and maintain compliance.

Tenable Cloud Security's advantage: Seeing beyond the walls

Tenable Cloud Security actively scrutinizes every corner of the cloud data vault, continuously and automatically.

"Without [Tenable Cloud Security], we would've been virtually blind to risks and threats impacting our sensitive data. [Tenable Cloud Security] allows us to preempt any issues and meet the requirements we're receiving from our business partners, with minimal effort.

- VP Security at a leading Fintech platform

Here's how Tenable empowers financial institutions:

  • Protecting sensitive data: Tenable doesn't just guard the door; it knows what's inside and how to best protect it. It identifies and labels all data, like financial records and social security numbers, understanding its sensitivity and prioritizing its protection.
  • Continuous monitoring: Imagine guards constantly scanning every inch of the vault. Tenable does the same digitally, using advanced technology to constantly search for suspicious activity and potential breaches. Any unusual movement of the data, either exfiltration or copying to a different and inaccessible location, triggers an alarm, allowing for immediate intervention.
  • Policy enforcement: Just like a vault needs clear access protocols, so does your data. Tenable automates setting and enforcing cybersecurity policies across the entire cloud, ensuring everyone plays by the book and no unauthorized hands touch the valuables.
  • Following mandated regulations: Financial institutions juggle a complex set of regulations and industry standards like the Payment Card Industry Data Security Standard (PCI-DSS). Tenable simplifies compliance with a host of international regulations by providing timely reports and audit trails.

Beyond traditional security: More than just a lock

Modern technology stacks for data storage require a modern cybersecurity stack. Traditional security solutions are unable to address the unique risks associated with storing data in cloud technologies. Financial organizations that leverage Tenable's data security platform are able to meet existing and future challenges, including:

  • Preventing data loss: Early detection and prevention of unauthorized data access can help organizations minimize financial losses and reputational damage, keeping valuable assets safe from even the most cunning thieves.
  • Complying with regulations: Automated reports and adherence to the most stringent regulations and industry standards ensure compliance, saving time and resources.
  • Automating workflows: Tenable automates tasks and provides deeper insights into how data behaves, enabling organizations to free up their valuable resources for other endeavors and make their security teams more efficient.
  • Managing access: Just like knowing who has access to the vault is crucial. Tenable tracks who and what has access to data, ensuring only authorized parties can handle the data.

The future of financial security is data-centric

Tenable Cloud Security's data-centric approach positions it as a valuable partner, not just for guarding the perimeter but for understanding the inner workings of the vault and the most sensitive data within it. By leveraging Tenable's capabilities, financial institutions can confidently embrace the cloud while ensuring the highest level of security for their most valuable assets - their data.

To learn more about how you can secure your data