5

more ransomware attacks between 2021 and 2022

3.62

average cost of a malware attack that resulted in a data breach

95

of ransomware files are everyday Windows-based executables
Discover the risks

Existing security solutions leave financial data at risk

Banking and finance organizations transfer critical and sensitive data across secure networks. In doing so, they not only face a rapidly changing cyberthreat landscape but also compulsory guidelines and legislation.

Many banking and finance firms rely on detection-based solutions, such as antivirus software and sandboxes, to provide protection against file-based threats that target sensitive data and critical networks. However, this reliance on detection means no matter how complex a security solution may be, it can still only protect against what it has seen before.

Speed of protection is vital for organizations to operate effectively, but detection-based solutions can take significant time to handle file-based threats, causing unwanted disruption to important workflows and customer interactions.
Learn more about file-based threats
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The Solution:
Zero-trust file protection
with Glasswall CDR

Learn more about zero-trust file protection
Zero-trust file protection by Glasswall is different. Instead of looking for malicious content, our patented CDR process treats all files as untrusted — validating, rebuilding and cleaning each to a safe and compliant standard — automatically removing potential threats.

With Glasswall CDR, banking and finance firms can protect their critical networks against file-based threats, prepare for regulatory audits and comply with international data privacy regulations faster and more securely than ever before.
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CDR is an important layer in any organization’s defense and content protection strategies… We expect CDR will ultimately be considered a best practice.”

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Use cases

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Secure file uploads against file-based threats

It is common practice for organizations that operate in the financial sector to rely on the use of upload portals to ingest sensitive information into their networks. While file uploads help organizations to comply with regulations, such as Know Your Customer (KYC), they can provide a way for bad actors to deliver malicious, file-based content.

Security teams can implement Glasswall CDR either at the application, gateway or storage level – providing our patented zero-trust CDR file protection for all files uploaded via a portal.
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Faster and more compliant regulatory audits

Zero-trust file protection from Glasswall CDR helps financial organizations comply with auditors such as the SEC and FINRA. Organizations can evidence that their networks are protected against file-based threats with the most effective solution available, while Glasswall CDR also provides threat intelligence data so that they can quickly and easily provide evidence for any specific auditor requests.
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Delivering data protection compliance

Glasswall CDR boasts patented capabilities such as Word Search, Redact and Metadata removal that aid financial organizations across the globe in complying with data protection legislation and other industry guidelines. These include, but are not limited to:
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Data Protection

GDPR

KYC

CSS

Industry Guidelines

PII

PCI

Illustration about firewall protection

Supercharge your firewall protection

Next generation firewalls are effective in protecting against most attack vectors, but there is a protection gap. File-based threats such as malware and ransomware can go undetected when the security filter is not aware of the structure of the document.
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