Financial Services

The Risks of Unstructured Data

Financial Services organisations have mature risk management and information security practices resulting from the need to comply with a wide variety of regulators and regulations. Security and compliance for transaction processing applications is relatively well-understood and governed. Understanding and addressing the security and compliance implications of unstructured data, however, has not been dealt with to the same level of maturity. Cloud adoption, increasing sophistication of attackers, and regulatory drivers such as GDPR mean that financial services organisations must address the shortcomings in their ability to manage privacy and compliance risks associated with unstructured data.

Securing Unstructured Data with Covata

Covata provides a unique solution for securing sensitive and compliance regulated unstructured information. The Covata Data Security Platform centrally locates restricted and regulated information, encrypts that information at rest and in use, and controls and tracks all access requests.  Unlike traditional monolithic security tools, Covata solutions are easy to deploy, configure, and manage, and the combination of security controls may be used to strongly secure information from unauthorised access including the ability to enforce privileged user access control.

Features and Advantages

  • Locate and identify how much and where restricted information resides in cloud and on-premises file sharing environments
  • Transparently encrypt objects that contains restricted information using FIPS 140-2 and Common Criteria validated cryptographic implementations
  • Enforce Mandatory Access Controls for restricted information to balance user empowerment with the enforcement of corporate policies
  • Control privileged user access to restricted information without impacting the IT administrators’ ability to provide a high level of service to end users
  • Activity logging for all permitted and denied requests to restricted information. Audit information is easily forwarded to a Security Information Event Management (SIEM) solution for centralised reporting and analytics

Resources & Products

Privileged User Control

Learn how Covata can secure restricted data from privileged accounts.

Covata whitepapers

Browse our whitepapers about common security and compliance needs.

Request a free trial

Sign up for a free trial of one or more Covata products.