Regional Latin American Financial Institution Streamlines Data Protection
Faced with an increased risk of a cyberattack after undergoing a digital transformation, a large financial institution turned to Thales to orchestrate its data protection strategy, strengthen its security posture, and help avoid the possibility of regulatory noncompliance.
Read their story and contact a Thales expert at https://thesummitgrp.com/ to discuss securing your hybrid IT environment.
What challenges did the financial institution face during digital transformation?
The financial institution faced several challenges, including the need to maintain control and security of sensitive data while adopting IaaS and SaaS cloud platforms. It also had to comply with various global and regional data protection regulations, such as PCI and GDPR, and centralize security policies while protecting against both external and internal threats.
How did Thales support the financial institution's data security needs?
Thales provided support by implementing CipherTrust Transparent Encryption to pseudonymize data across multiple environments, including Microsoft Azure and IBM Cloud. Additionally, the CipherTrust Cloud Key Manager was employed to centralize encryption key management, automate key lifecycle processes, and enhance control over data security across various cloud platforms.
What were the results of implementing Thales solutions?
By using CipherTrust Transparent Encryption and CipherTrust Cloud Key Manager, the financial institution centralized its data security policies, minimized security threats, and streamlined compliance with regulations like PCI and GDPR. This allowed for a more efficient adoption of new cloud platforms while ensuring sensitive data remained protected.
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