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Financial institutions are one of the most targeted victims of cybercrime. The industry is a recognized target for ransomware and other cyberthreats such as phishing attacks, sophisticated social engineering schemes and malicious insiders. Protecting personal identifiable information (PII) is a high priority for financial institutions.
Financial organizations manage the flow of money and personal details of businesses and individuals across the globe and rely on email as a primary mode of communication. To serve their customers and to work with their ecosystem of business partners, financial services companies need to transmit and store a lot of very sensitive content. As a result, cyber-criminals frequency launch sophisticated cyberattacks against them with the intention to disrupt day-to-day business operations and/or steal valuable PII to sell on the black market.
Given all of this, it is no surprise that the financial industry is so highly regulated. Archiving plays a big role in maintaining regulatory compliance as banks are required to prove to auditors that data is replicated, stored in a tamper-evident database and accessible over extended periods of time. Data retention policies and easy, reliable e-discovery access are necessary to maintain business integrity. Protecting their reputation, complying with industry data protection regulations and minimizing fines associated with lawsuits and compliance violations are top-of-mind for financial institutions.
Mimecast provides comprehensive protection against email-borne malware, malicious URLs and attachments, spear-phishing, and impersonation attacks launched by cybercriminals, nation states, and hacktivists. Leveraging a true cloud architecture, Mimecast also helps to reduce both operating and capital expenses, while dramatically improving performance and enhancing the organization’s email security and archiving posture.
Mimecast’s solution addresses the email challenges of financial services organizations, by providing:
Comprehensive protection against email-borne security threats to protect PII.
Brand protection by preventing malicious internal breaches and credential theft.
Immutable cloud archive and data retention policies for compliance with industry regulations.
A multi-layered security approach to protect against cyberattacks and insider threats to secure business operations.
Prevent inadvertent or deliberate data leaks and protect valuable information in-transit.
Nearly 90% of organizations have seen email attacks increase or remain constant since 2017.*
Most gateway solutions stop spam and viruses but fail to address one of the biggest threats facing your company: email-borne threats.
Mimecast Advanced Security includes protection from email-borne malware, malicious URLs and attachments, spear-phishing, and impersonation attacks.
*The State of Security 2018 Report
Organizations can no longer rely on a defense-only strategy to keep them safe. They need a plan to keep email flowing in the event of an attack and the ability to recover lost or locked data quickly after an attack.
Mimecast Secure Messaging
Initiate secure email delivery to safeguard sensitive information shared with colleagues and partners via email. Control the flow of data with configurable options that include setting expiration dates, read receipt, no print, no reply, forward restriction, revoking access and more.