Financial Services

The Financial Services Industry has been heavily regulated for some time and typically runs comparatively mature compliance and cyber security programmes. However, the recent Equifax Hack with an estimated 143m American and 44m British citzens impacted has demonstrated not only the enormous impact data breaches can have, but also that there is still massive improvement potential even in this sector. Next to well-known, traditional service providers, innovative financial service offerings are emerging and new players are entering the market.

General Industry Observations:

  • Data heavy – massive amount of sensitive customer & consumer data
  • Intense confidentiality requirements for high net worth individuals,
    deals and investment strategies in the life segment, and when dealing with individuals or consumer-facing companies in the P&C segment
  • Tangible risks created by lack of sophistication of clients, which are difficult to manage
  • Attractive target for criminal activity & fraud
  • High financial and reputational risk
  • Compliance heavy
  • Limited or no visibility of risk exposure through IT vendors, suppliers & partners

How Does CyNation Help?

Third Party Risk Management

Our Security Scorecard cyber risk management and benchmarking tool gives you an in-depth view of the cyber health of your suppliers and partners while enabling you to stay updated on any changes in their cyber health status with the alert function.

Security Scorecard’s easy to use interface and clear dashboard gives you continuous and in-depth insights allowing you to carefully manage cyber risk in your supply chain. The platform also offers several API’s enabling you to display the data in any internal or external dashboarding system.

To further monitor and protect your supply chain, you can require your vendors and partners to use Security Scorecard on their own supply chain thus further understanding and managing your risk

Security Scorecard

Start managing you Third Party Risk with Security Scorecard which gives you instant visibility and insights into the security posture of any company or partner in organizations’ supply chain. It is the most complete benchmarking platform for managing the volume and complexity of today’s security risks. As much of an organisation’s data resides outside it’s own network, visibility is paramount to avoid costly impact

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How Does CyNation Help?

GDPR Compliance

CyReg™GDPR: Are you and your supply chain complying with the new GDPR regualtions? CyReg™GDPR is an automated compliance management tool for GDPR compliance.

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CyReg™GDPR is an automated compliance management tool for GDPR compliance. The platform, provided as SaaS, assists the organisation through different stages of GDPR compliance, from rapid readiness assessment and gap analysis to defining an organisation specific action plan. Clear, online guidance, help and advice are offered throughout the process.

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United Kingdom

contact@cynation.com

+44 020 3190 5000

The Rain Cloud Victoria
76 Vincent Square
London, SW1P 2PD

Netherlands

contact@cynation.com

+31 6 2535 2005

The Hague Security Delta
Wilhelmina van Pruisenweg 104
2595 AN Den Haag

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