Financial Services Business Models are Dramatically Evolving
Emerging technologies and evolving business models are driving financial services organizations of all sizes to evolve quickly or risk irrelevance. Consumers want safe, low-friction, and mobile interactions, and will shift their loyalties quickly toward organizations that offer them. To keep up, traditional financial service organization must embrace the digital economy to compete with non-traditional Fintech approaches. But this journey disrupts the status quo, introducing new process and security risks. As you navigate these changes, you still need to ensure and maintain compliance, as well as monitor an already complex network without incurring huge expenses. This is no small task, but Scrutinizer’s network and security intelligence platform is there for you.
PCI and SOX Compliance Assurance
Scrutinizer helps financial services organizations ensure and maintain PCI and SOX compliance through the industry’s deepest levels of visibility, accountability, and measurability.
- Verify and demonstrate the integrity of internal controls across the network infrastructure that connects customers, suppliers, and partners
- Simplify the audit process through historical proof of policy enforcement
- Measure and prioritize risks, including user accountability
- Visualize and protect the transmission of all financial information that drives the business
WAN Visibility and Cost Optimization
Large, highly distributed WANs are complex and expensive to maintain, and it’s difficult to determine whether you’re using your links efficiently. Scrutinizer provides the insight needed to help you optimize the cost of your WAN and ensure it delivers the user experience your business requires.
Proper network capacity planning enables you to use your network efficiently and reduce budget consumption from unneeded bandwidth. Network traffic analytics gives organizations a way to trend bandwidth consumption data for multiple years while retaining granularity. This helps you identify precisely which applications are causing increases in bandwidth use.
Security and Monitoring for Complex Distributed Networks
The network perimeter has dissolved and the rise of fintech has made the lines even blurrier. A distributed approach to network traffic analytics allows behavior-based threat detection and monitoring to occur locally at each geographic location. This prevents wasted bandwidth across WAN links and gives IT professionals more control across their distributed network.
A distributed deployment of Scrutinizer enables:
- Faster incident response times for better business continuity
- Contextual awareness across the entire environment informing better decisions
- Control over change management processes
- Complete visibility of resource allocation and capacity utilization
Understand and Manage Risk
The primary security objective for financial service organizations is to reduce risk and keep customer data safe. Products aimed at prevention continue to be part of the equation, but in today’s threat environment, the greatest risk reduction occurs from a focus on improving time to resolution after a breach.
“Bad” things will happen; it is inevitable. In order to reduce risk, you must have a combination of strong forensic data, detailed context, and powerful reporting. These capabilities are the foundation of an effective incident response process. Scrutinizer helps financial services organizations around the world better understand and manage their risk. Plixer’s solutions enable you to collect rich metadata from all corners of your digital footprint to see and understand every conversation and transaction.
Optimize Your Infrastructure
Scrutinizer’s award-winning network usage reports provide insight into users, applications, and network devices. With the deepest insight available, Scrutinizer allows administrators to peer deep into the network to see how it is being used, reducing Mean Time To Know and streamlining IT’s Mean Time To Repair network-related events.
When users have a poor experience, blame is immediately—and often erroneously—placed on the network team. As a network professional, your first step is often to turn to an SNMP tool, but when all lights are green, what do you do next? What you really need is historical visibility, fast reporting, and accurate forensic data to achieve rapid root cause resolution.
Enrich Data Context
Access to high volumes of raw data does not lead to faster response. In fact, it can have the opposite effect: increased complexity and slower response times. What is needed is context and data correlation.
Many systems on the market gather lots of data points, but don’t provide any context to make the data useful. If you have, for example, a list of Tor connections on your network, but don’t know which users accessed those nodes, how useful is the data? The best context comes from the correlation of network-related data with metadata from point security products like firewalls, IDS/IPS, SIEM, and distributed probes.
Everything that runs your business flows across the network. It passes all traffic between users and the applications they need to be productive and drive revenue. Root cause analysis is best derived when you can instantly stitch together the user, device, location, protocol, and application data (including URL and URI) for every flow on the network.