PROTECTING FINANCIAL SYSTEMS AND DATA

Cybersecurity is a top concern for banks, insurance companies, investment funds and other financial organizations, which are prime targets for cyber-attacks due to the valuable financial assets and rich customer data they hold.

MFA Enablement for Homegrown and Proprietary Financial Systems

In financial organizations, the use of legacy & internally-developed applications that are not supported by current MFA solutions creates significant security and compliance challenges. Silverfort’s agentless MFA technology can seamlessly enforce MFA on access to homegrown/proprietary systems, IT infrastructure, critical financial servers (e.g. SWIFT servers and Cardholder Data Environment), file shares, databases, IoT devices and more.

Holistic Visibility and Auditing

Silverfort provides consolidated auditing of user activity across all systems and environments. This helps financial organizations comply with regulatory as well as internal auditing requirements. It also helps them to achieve least privileges as part of periodic entitlement reviews, by clearly showing which entitlements are being used and which are redundant.

Continuous Risk Analysis

Thanks to its ability to monitor all users and systems, Silverfort automatically identifies vulnerabilities and risks, including use of weak authentication protocols, stale accounts and devices, old or expired passwords, shared accounts and more. It also uses machine learning to analyze user behavior, in search of anomalies and attack patterns. This allows Silverfort to detect and stop identity-related threats, including account takeover, lateral movement, ransomware and brute-force attacks.

AI-Driven Authentication Across All Systems and Environments

Silverfort delivers adaptive authentication across entire corporate networks and cloud environments, without deploying any software agents or inline proxies. Unlike other solutions that require integration with individual systems – an impossible task in large and dynamic networks – Silverfort’s technology seamlessly enables adaptive authentication for all sensitive systems across all environments. This results in unparalleled accuracy, allowing organizations to improve security while avoiding disruptions to users.

SILVERFORT HELPS FINANCIAL ORGANIZATIONS ACHIEVE COMPLIANCE WITH THE FOLLOWING REGULATIONS:

Regulation
Silverfort addresses the following requirements:

PCI DSS v3.2

Req. 7: Control all access to the CDE
Req. 8.3: Enable MFA across the CDT
Req. 10: Audit user access to all CDE assets

NY-DFS – 23 NYCRR 500

Req. 500.06: Provide a comprehensive audit trail
Req. 500.07: Achieve least privileges
Req. 500.09: Perform continuous risk assessment
Req. 500.12: Enable MFA
Req. 500.14(a): Enforce risk-based policies

FFIEC Guidelines

SWIFT CSP

Req 4.2: Enable MFA across all SWIFT servers
Req 5.1: Restrict unauthorized access and
achieve least privileges

GDPR

Apply MFA for any access to applications,
databases and file shares that contain personal
information.

Sarbanes-Oxley Act (SOX)

Ensure secure access and least privileges by
monitoring all activity and mapping redundant
entitlements.

MAS-TRM

Achieve least privileges, enable MFA for
privileged users, and audit all user access
activity to comply with Chapter 11.

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