Validated Data Protection for Financial Services & Insurance
Our validated data protection services for regulated companies leverage our standard software products and our hybrid cloud service platform, which are simply configured to satisfy the specific requirements of the regulated organisation and/or the suppliers in their supply chain.
We typically work with relevant compliance specialists, such as our ISO 27001 partners Equas, to implement compliant data protection solutions.
The business requirements often include protecting systems and data across multiple locations, including home and mobile workers, in addition to head office and branch office facilities. In many cases, some locations have insufficient bandwidth relative to the volume of data, so effective deduplication and compression becomes critical.
The engagement process typically starts with specific requirements to implement robust data protection services, which will achieve the required recovery point objectives, recovery time objectives, and data retention objectives. In some cases, mandatory deletion rules also need to be automated.
New legislation such as the EU GDPR and ePrivacy Regulations, and ever increasing risk of cyber-attack, are causing all regulated companies to review their data protection practices, particularly in respect to personally identifiable information.
Secure collaboration services supporting encrypted data sharing are increasingly being considered for management of sensitive customer data, particularly where those customers are individuals rather than businesses.
There is also increasing interest in using Distributed Ledgers to support client information sharing across organisations, especially within insurance where sharing of historic applications and claims information between brokers and underwriters offer significant benefits for both clients and insurers.
For projects that require specialist technical knowledge, we typically work with specialist partners, such as Toro Risk Solutions for their personnel and physical security experience.
Our research, product development, service delivery and operations teams complete the project team, bringing their breadth and depth of expertise in delivering robust and cost-effective data protection services.
The relevant products are:
• Recovery Shield – Protecting Legacy Systems
• Information Shield – Protecting Sensitive Information
• Personnel Shield – Protection from Insider Threats
The relevant services are:
• Recovery Shield as a Service – Protecting Legacy Systems
• Information Shield as a Service – Protecting Sensitive Information
• Personnel Shield as a Service – Protection from Insider Threats