Training

3rd Party Risk Management

You & Your Vendors: How to Best Secure Data Exchange

You & Your Vendors: How to Best Secure Data Exchange
Data security breaches add millions of dollars to bottom line expenses, but there is also the immeasurable cost of security breaches on your brand that affect future revenue and growth. Virtually every financial institution today exchanges large amounts of information both inside and outside the organization. Financial data, product plans, and customer records are all at risk.

Register today to learn firsthand from industry leader Greg Pridgen, Director of Operations Support for TSYS about ways to reduce the risk of lost or compromised data by:

  • Increasing security to protect your network
  • Scaling for growth to enhance revenue opportunities
  • Improving visibility to monitor data movement
  • Complying with new rules and regulations
  • Managing cost to increase your bottom line

Background

The headlines can be chilling. Financial institutions last year accounted for nearly 10% of all reported security breaches in North America and the risks are growing. Virtually every financial institution today does at least some amount of work globally, entrusting critical business information and processes to international partners, customers and third-party service providers.

All of these practices require institutions to exchange large amounts of information -- including financial data, product plans, and customer records. Information that is routinely shared in megabyte, gigabyte and even terabyte files with their business partners around the world using protocols like FTP, HTTP, S-HTTP, SFTP and FTPS could be putting them at risk if this information should fall into the wrong hands via an unsecured network.

Webinar Registration

This webinar is available OnDemand.

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