Challenges Facing Financial Services

Financial Services firms are highly regulated with global and national standards such as PCI DSS,  ISO27001 and many more. Enforcing and proving compliance can be a challenge, especially when they depend on manual processes.

But some basic foundations can make a big difference. The most important first step is to bring administrator and other privileged accounts under control with Privileged Access Management (PAM). As those admin accounts have the most power in the IT services and devices, they are the main target for attackers. Those admin accounts are also critical to all the cybersecurity tools such as anti-malware, firewalls, VPNs and much more. PAM should the critical gatekeeper to protect the protection systems.

The next level of protection comes from protecting endpoints from installing infected software which is the most common entry point for ransomware and other attacks. Osirium Privileged Endpoint Management (PEM) allows use of approved applications that need elevated privileges without have local admin rights that can be abused.

For the highest protection, the work that needs privileged access should be automated to prevent any unwanted changes, enforce regulatory standards, and provide an end-to-end audit trail. That's where Osirium's Automation is the solution.