Financial services is on the front lines of cyber crime.
Cytellix is helping firms of all sizes fight back.
According to the IBM X-Force Cyber Security Report, financial services is the third most targeted industry in the world. As a result, institutions of all sizes are spending billions of dollars on electronic safeguards, while scrambling to stay ahead of criminals who are developing ever more sophisticated means of cyber infiltration.
Forbes reported that Citibank, Wells Fargo, J.P. Morgan and Bank of America alone are spending over $1.5 billion to battle cyber crime. In addition to protecting themselves from hackers, these organizations are bound to a host of industry-specific regulations such as FINRA, FISMA, FFIEC, OCC, and indirect requirements of PCI and HIPAA, all of which demand continuous monitoring to prevent theft and protect critical information and organization-wide processes.
If large institutions are spending billions of dollars on resources to fight cyber attacks, how can smaller firms maintain security and regulatory compliance on a smaller budget — with less resources, tools and personnel?
Solving this inequity was the driving force behind our proactive cybersecurity situational awareness for small to mid-size financial enterprises. Based on the same Cytellix solution that monitors the network perimeter of the U.S. Department of Defense, firms of all sizes can enjoy the same level of protection — as a managed service subscription that’s affordable for them.
Cytellix has developed the only solution in the industry that can assess, identify and detect known and “unknown” threats in any enterprise environment, while providing complete network visibility. Our leading-edge scanning technology continuously monitors network connections and activity in real time, serving as the first line of defense in identifying and addressing potential threats, while ensuring continuity through any changes.
When a threat is detected, we can immediately evaluate and identify any network leaks or “unknown” assets and their posture, along with prevention recommendations and optional remediation services. Among the common threats identified are data leaks, segmentation, rogue connections, bad actor site connections and high-risk open ports.
For true visibility, our solution deploys a cloud-based, agent-less sensor that determines and monitors the total state of a network, including individual connected devices as well as the effective topology of the network itself. These subsystems create a sensor network that collectively reveals nominal and nefarious behavior throughout, ensuring real-time awareness and instant notification of suspect activity.
By combining proactive situational awareness with total visibility of complex networks, Cytellix safeguards the entire company — and all of its connected devices — while maintaining compliance with a range of regulatory requirements, including PCI DSS, HIPAA, NIST and FERPA. Other key advantages include:
- Complete, organization-wide view of all network and security activity in real time
- Insight into abnormal activities and devices on the network via cyber analytics
- Stronger security and compliance via a complete, centralized network asset inventory
- Streamlined compliance and reporting through automated audit processes
- Accurate and simplified reports with no burden on network or security teams
Supporting this is an industry-leading core methodology that includes:
- Information Assurance
- Operational Security
- Cybersecurity Managed Services (SAAS)
- Network Situational Awareness
- Complete Enterprise Visibility
- Continuous Monitoring
- Cyber Analytics
- Scaling and Integration