Financial Industry
Security Beyond Compliance Needs
The growing dependence on technology has brought a similar upsurge in cyberattacks, particularly in the financial industry. Whether a bank, credit union, insurance company, or a new business model, financial institutions are a key target for attackers. The stress of a security breach can be a critical impact to a financial institution, resulting in compliance fines, reputation loss, and shareholder anxiety.
To make matters worse, the traditional culture of financial institutions often leaves IT behind the times – and vulnerable to attack. Rhino Security Labs’ dedicated security consultants have worked with some of the biggest financial firms and specialize on getting businesses back up to speed – mitigating attacks and meeting compliance standards.
Challenges to the Financial Industry
Financial Compliance Requirements
Compliance is central to many areas of financial services and information security is no exception. All financial institutions must be compliant with Gramm-Leach-Bliley Act (GLBA) security requirements, but that’s only the first of many. Those firms handling card data are subject to PCI-DSS, and public corporations to SOX.
In many cases, ISO 27001 is a necessity in the financial industry to demonstrate proper controls to customers and investors.
Challenges and Threats
With large, sensitive databases and applications, the financial industry faces a number of security adversaries. But outside threats aren’t the only security concern to IT. Legacy banking applications, poor development practices, and network complexities all provide weaknesses to be exploited by attackers.
Even the largest financial firms aren’t immune to such issues – as shown with breaches at JPMorgan and Citi.
Potential Impacts in Finance:
- Service Downtime/Operational Losses
- Compliance and PCI Fines
- Reputation Impacts
- Negative Press/Public Relations
- Breach Lawsuits/Legal Fees
Penetration Testing Services - Identify Risks & Uncover Vulnerabilities
Determine the gaps in your security programs with a deep-dive penetration test from Rhino Security Labs. From network pentests to social engineering assessments, Rhino can help you identify the risks to your organization.
Additional Assessment Services for Finance
Penetration Testing
Our world-class penetration testing and research has been covered in Wired, Forbes, CNN and other outlets, showcasing our comprehensive assessment package. Identify the strengths – and weaknesses – of your security infrastructure before attackers do.
Social Engineering Assessment
While security assessments are typically restricted to technology, most sophisticated attacks begin with a malicious email or link. Identify the weaknesses in the security policies of your organization, and how your employees handle them.
Application Assessment
Each assessments starts with the OWASP Top 10 most common risks, also includes more advanced vulnerabilities to ensure all attack vectors have been identified. Whether web, mobile, or IoT, we have the experience to address the unique security challenges you face.
Secure Code Review
Identify and remediate software vulnerabilities early and often. With a hybrid approach, we utilize both automated code scanners and manual analysis to conduct a thorough security review of your application – and all associated libraries.
Deep-dive Penetration Testing Services for the Financial Industry
Identify risks to user cardholder data (CHD) and other sensitive data. A manual penetration testing can uncover vulnerabilities that may pose a threat to your network and user’s data.