Finance

| Finance security without the disruption

The financial sector offers rich rewards for successful cyberattacks, making banks and financial institutions a prime target. If defenses are breached, the damage to your organization – both financially and reputationally – can be immense. How do you avoid becoming the next cybercrime statistic?

Security and trust go hand-in-hand

In finance, security is fundamental to maintaining customer trust. You must protect clients’ personal data and ensure every digital transaction’s integrity. Meanwhile, you’re navigating strict regulations and standards like PCI DSS. As digital payment volumes grow and new fintech innovations emerge, there are ever more avenues for criminals to intercept data or commit fraud. Banks, payment processors, exchanges, and insurers all face the challenge of innovating at scale without exposing sensitive information.

Prevent data breaches and meet compliance

GovProtecting customers’ personally identifiable information (PII) and payment data isn’t just a regulatory checkbox – it’s a core business requirement. RedShield makes sure the confidence your customers place in you is well founded. By finding and fixing vulnerabilities with in-flight security patches before they can be exploited, we ensure you never leak or compromise their data. We support your compliance efforts by providing an active layer of defense that works alongside standards like PCI DSS, so security gaps are closed even in between your compliance audits.

Focus on revenue, not emergency fixes

Competing in financial services means continuously developing new products and features. The last thing you need is to suddenly pull developers off those projects to handle a critical security flaw. Yet it happens often – roughly 60% of organizations have vulnerabilities more than two years old still unpatched, because other priorities took precedence. With RedShield, your teams can concentrate on revenue-generating initiatives, while our service identifies and secures your application and API vulnerabilities. Urgent security issues are dealt with swiftly through in-flight patches, so you don’t have to redeploy resources or blow the budget on crisis management..

Stay ahead of the remediation curve

The shortage of skilled security personnel means your team is likely stretched thin, especially when it comes to fixing legacy system issues versus new projects. It currently takes firms an average of four to six months to fully remediate critical vulnerabilities - far too long in “internet time.” RedShield turns this around by securing your applications’ weaknesses quickly and buying you time. We prioritize protection: as soon as a serious vulnerability is found, we deploy an in-flight patch so it can’t be exploited. Time may not be on your side, but RedShield is – keeping your systems safe until permanent fixes are in place, without any code changes on your end in the meantime.

On guard 24/7

Cybercriminals never sleep, and neither does RedShield. We provide a fully managed, around-the-clock defense of your applications. We continuously scan for new vulnerabilities and immediately deploy in-flight patches for any newly discovered issues. Our security engineers also manage and tune best-of-breed security tools on your behalf – from WAF rules to DDoS and bot protection – ensuring world-class defense against both automated and human threats. This is an ideal fit for agencies with little or no access to application source code or limited in-house security teams.

Complete threat coverage

Financial institutions face a wide range of cyber threats: credential theft, API abuse, card skimming attacks, sophisticated DDoS and more. RedShield provides protection from these dangers. We mitigate OWASP Top 10 web attacks, stop account takeovers and payment fraud attempts, prevent API exploitation, and protect from both automated and targeted attacks on your applications. Our platform’s real-time monitoring and our 24/7 expert defensive team ensure that if an attack happens, it’s caught and prevented. You’ll see every attempt and our response in detailed reports, reinforcing confidence that “we’ve got your back.”

Security credentials you can count on

RedShield is built with rigorous security and privacy standards, which is vital in the financial sector. We maintain ISO 27001 certification and comply with global regulations like GDPR and CCPA. We’re also certified to government security standards, and we enforce strong encryption for data at rest and in transit.