Financial Services

Encrypting data at rest in financial institutions is becoming a legal, technological, and financial imperative. Yet implementing encryption within these organization’s complex, performance-intensive, and business-critical infrastructures has traditionally posed significant business and technological hurdles. Ingrian enables financial institutions to intelligently harness encryption so they can meet their compliance, security, and business objectives.

The Challenge

There’s never been a bigger premium placed on securing consumer data. Ask an IT executive at a financial institution in which consumer data was breached, and you’ll hear the direct costs of these breaches range anywhere from $90 to $1500 per account. Multiply these numbers by the number of accounts typically being managed, and the ROI of encryption becomes obvious.

In addition, the Payment Card Industry (PCI) standard, which explicitly mandates encryption, state privacy directives like CA SB 1386, Sarbanes-Oxley, and GLBA all reinforce the requirement to not only ensure data is secured, but know who accesses this data and when.

Yet the architects chartered with implementing encryption of data in databases and applications will quickly confront a range of critical issues: what will the performance impact be? How do I manage cryptographic keys? Will associated applications be broken?

The Solution

With its market-leading encryption solutions, Ingrian Networks® enables financial institutions to intelligently implement encryption of sensitive data and address these critical issues. Featuring a dedicated security appliance and specialized software, Ingrian DataSecure® Platforms enable organizations to encrypt data in applications and databases. As a result, organizations can ensure that critical data—such as credit card numbers, account numbers, and other personally identifiable information—is always secured.

DataSecure® platforms are the only appliance-based encryption solutions available today that feature granular, field-level encryption capabilities and that can be integrated at the Web server, application server, or database layer. In addition, DataSecure platforms centralize cryptographic processing, key and policy management, and security administration, which yields tremendous advantages in terms of security, scalability, and manageability.