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Industry

Fintech

As financial technology businesses and banks start to collaborate, fintech businesses need to focus on providing services that don't increase the risk of a cyberattack on their bank partners. Fintech provides growth and a better customer experience, but with this rapid expansion, fintech businesses need to address the issues that come with the growing regulation demands and protecting the data they are handling from their bank partners. Proving that your fintech business is aware of these issues and are addressing them, will lead to reassuring your current partners and encouraging future banks in doing business with you.

Banking

Key benefits

  • 01

    Holistic view of the infrastructure

    Nanitor provides an overview of all devices, software, users, configurations, known vulnerabilities, and missing security patches matched against PCI-DSS requirements. The outcome is a prioritized task list across your whole infrastructure that makes your remediation systematic and enjoyable.

  • 02

    Risk-based prioritization

    Make the most of your limited resources by prioritizing the highest-risk issues. Nanitor assesses the risk of discovered issues based on external sources and assigns a prioritization score based on the asset criticality.

  • 03

    Blast radius minimization

    Reduce the risk of lateral movement by hardening relevant configurations and known vulnerabilities. The best practice benchmarks for security configurations and known vulnerability databases are included in the platform.

  • 04

    Automatic monitoring

    Nanitor automatically (in 5-minute intervals) checks and reports on thousands of compliance-related security issues across your infrastructure. Trust is good, verification is better.

Fintech businesses must be able to protect their bank partners' data and ensure compliance as they reach new markets

When data starts being passed on from banks to fintech businesses, data leakage and data integrity become a prominent issue that fintech businesses must address. Data leakage and loss of data integrity can occur from devices that are configured incorrectly or from attackers exploiting vulnerabilities. Knowing where these weaknesses are and remediating them will help protect data your business is handling. Fintech businesses also need to address their regulation requirements as they expand into different markets. PCI DSS is a global security standard for handling cardholder data, and during the yearly audit, you must be able to present how you are compliant to this framework.

Background photo - Fintech businesses must be able to protect their bank partners' data and ensure compliance as they reach new markets

Identify where PII is located in your environment

One of the first steps in preventing data leakage is identifying where this data is located in your environment. It is very easy for employees to accidentally place sensitive data in an unsecure location or for employees to miss a server that occasionally hosts sensitive information. Nanitor's PII scanner can periodically scan and identify this data in your environment.

Prevent attackers from stealing sensitive information by addressing vulnerabilities

Data leakage can also occur from attackers exploiting vulnerabilities and obtaining user credentials and payment card data. With Nanitor's Patch and Vulnerability Overview, you can identify these vulnerabilities, prioritize them, and patch the asset to reassure your bank partners that you're resilient to the latest attacks. If you know the same vulnerability exists on multiple assets, Nanitor's Forensics feature provides detailed information so that you can properly remediate your environment.

Avoid data corruption and unauthorized access by encrypting sensitive data

Once you've identified where your sensitive data is hosted, encryption plays a key role in protecting this data from attackers. Whether you want to protect this data while it's residing on your server or you want to make sure it doesn't get viewed during transmission, secure configurations on the devices handling this data will need to be implemented. Nanitor provides several industry recognized benchmarks such as the CIS benchmarks that help you implement secure configurations on your devices.

PCI compliance is required but it also protects your business from financial or reputational harm when data breaches do occur

Fintech reaches across broad markets, and complying with regulations must be a top priority. PCI is a global security standard for businesses that handle payment card info. With Nanitor, you can automate the process of verifying compliance and create reports that allow you to identify any gaps in compliance. Whether you're a start up or a fintech industry leader, continuously monitoring compliance will ensure your bank partners can trust their data is safe with you.

PCI-DSS Framework

The PCI framework is a set of global security standards for business that handle any payment card information. There are various components that range from procedural to technical and Nanitor can help automate virtually all technical requirements. The compliance reports provide detailed information on what the issue is, the amount of risk from noncompliance, the number of assets effected, and detailed information that helps you remediate any discovered issues.

PII Endpoint Scanner

The PII Endpoint Scanner can help businesses identify credit card and social security numbers that reside on any of your assets. This feature runs with optimization in mind by running a smart I/O and buffering scheme that minimizes memory usage. PII issues discovered contain information on the file name and a redacted extract of what was discovered in that file. The PII Endpoint Scanner can be configured to a specific country (US, UK and Iceland are currently available) and allows you to make exceptions for issues found.