Data Security for Banking and Financial Services

Fortanix Data Security Manager helps financial organizations secure sensitive data by protecting keys and data regardless of where applications are deployed.

Overview

Organizations within banking and financial services deal with a mountain of data that is highly sensitive in nature. Many organizations within the industry are also taking advantage of cloud which in turn has increased the challenge for these organizations to keep the data secure. They are also subject to regulations that can drastically vary between countries and markets. For example: there are regulations like PCI DSS for credit card data, GDPR for EU data across the globe, GLBA, SOX, and other different laws across the world. As these organizations scale, it’s critical to ensure that the sensitive data is protected and meets the compliance requirements.

Fortanix Data Security Manager (DSM) provides built-in hardware security modules (HSM), key management, and tokenization capabilities with flexible consumption options. They can now secure data and keys regardless of where it resides. Fortanix DSM allows banks and other financial institutions to meet compliance, get tamper proof auditing on their data security practices, protect sensitive customer data, and avoid financial and reputational damage caused by a data breach.

What we do

what we do
Integrated Data Security Platform
Fortanix provides a Data Security-as-a-Service (DSaaS) platform with integrated hardware security module (HSM), key management, encryption, shared secrets, and tokenization capabilities.
what we do
Multicloud Key Management as a Service (KMaaS)
Fortanix provides a FIPS 140-2 level 3 HSM root of trust that can also manage legacy HSMs spread across remote manufacturing sites.
what we do
Tokenization
With Fortanix, you can substitute tokens for sensitive data using a REST API to achieve privacy compliance. This helps eliminate the link to sensitive data and protect against data breaches.
what we do
Hardware Security Module (HSM)
Fortanix provides an integrated secure, scalable, and high performance FIPS 140-2 Level 3 HSM that protects keys, secrets, and tokens across multiple public, private, and hybrid clouds.
what we do
DSM Accelerator
Fortanix Data Security Manager offers the ability to locally cache keys and accelerate security operations. ​​​This enables financial organizations to scale and support high transaction volumes.
Dotted icon

Benefits

Cloud-scale pervasive data security platform
The Fortanix solution delivers a cloud-scale pervasive data security platform that provides cryptographic services, secrets management, and tokenization across cloud and on-premises environments from a single centralized point of management, control, and audit.
multicloud-single-solution
Meet compliance requirements.
Regulated industries like banking and financial services require that encryption keys be stored in FIPS 140-2 Level 3 validated HSMs. Unlike cloud-native key management services, Fortanix provides FIPS 140-2 Level 3 protection for all encryptions keys, secrets, and tokens, enabling regulated industries to move sensitive data to the public cloud without risking compliance.
multicloud-single-solution
Single pane of glass
Fortanix provides a “single pane of glass” modern, multi-tenant, and intuitive user interfaces for simplified administration and increased control over the data, including extensive logging and auditing across your entire infrastructure.
multicloud-single-solution
Tamper proof audit logs
All access to personal data is automatically logged in a centrally viewable tamper-proof global audit trail by Fortanix. There is never any dispute about who accessed which data and when.
multicloud-single-solution
Dotted icon

HowFortanix is helping Banking and Financial Organizations?

Multicloud key management

Fortanix helps a world leading online payment systems company maintain control over their cloud keys and manage them from a single pane of glass.

Challenge

Compliance requirements to maintain control of keys.
Security concerns and confidence to move workloads to the cloud.

Challenge Icon

Solution offered

Fortanix helps extend the GCP native KMS with its BYOK capability and allows the organization to have complete control over cloud keys. Fortanix Cloud Data Control allows for a single pane of glass management of multicloud data.

Challenge Icon

Encryption-as-a-service

Fortanix is helping one of the worlds’ leading banks with centralized encryption and key management across their multiple datacenters spread across sites and regions.

Challenge

Multiple datacenters with 150+ HSMs
Separate tokenization solution
No REST APIs to support in-house app development.

Challenge Icon

Solution offered

Fortanix provided a single pane of glass for all HSMs, key management, and tokenization. Simplified multi-site, DR, and HA cluster management allowed to streamline crypto operations across sites and regions.

Challenge Icon

Tokenization

Fortanix is helping one of the largest credit unions to protect Personally Identifiable Information (PII) with tokenization.

Challenge

Securing PII data across cloud services

Challenge Icon

Solution offered

Fortanix provided a comprehensive data protection platform with advanced tokenization capabilities to help protect PII data with tokens and format preserving encryption. Apart from tokenizing data used by cloud services, Fortanix has also provided the organization with the ability to Bring Your Own Keys (BYOK) for AWS deployments.

Challenge Icon

Database Encryption

Fortanix is helping one of the largest investment advisory firms to protect their data at rest.

Challenge

Database silos and multiple sites make encryption difficult to manage.
Keys are not stored securely by DBAs.
Each database has native key management that duplicates cost and adds complexity.

Challenge Icon

Solution offered

Fortanix provided simplified key management across all databases and increased key security with HSM protection for all database keys.

Challenge Icon