Securing Client Data Shared Across and Outside the Organization
Employees in your financial services company share sensitive information across business units and vendors, partners, external agencies, contractors, advisors through email, file sharing, and on the cloud regularly. Once these files containing sensitive client and financial data are shared, they can be exploited – accidentally or maliciously. So how can you balance today’s business demands with growing data security and compliance requirements? Check out this customer story from Donnelly Financial Services to see how they are using Rights Management to protect sensitive information.
Secure Sensitive Data Across and Beyond Your Organization
There are many areas where sensitive data can be vulnerable to data leakage. Scroll over the six departments in the diagram below to see where your financial services company may be most vulnerable to a data loss.
GRC / Risk & Audit Reports
Risk and audit reports contain highly confidential corporate statistics, financial data, sales data, foreign exchange information, operational metrics and more that are shared across business units.
Research / Reports
Internal and client research containing prime intellectual property and drafts are shared across different departments and office locations for approval.
Customer Service / Statements
Investment holding statements, performance summaries, net asset value documents, transition confirmations, payment and settlement files, and accounting information is shared across multiple departments.
Finance / M&A / Board / Contracts / Legal
Audit reports, financial documents, briefing packs and meeting minutes are shared with the Board and advisors outside the company network.
Outsourcing / Customer Data
Statement information is shared with third party printing vendors.
HR / Employee Data
Employee data is shared across business units and with outsourced agencies such as payroll and benefit companies.