Vaultastic helps modern financial services companies build data resiliency to fend off cyberattacks, stay ready for stringent regulatory audits, and preserve client trust.
Why is Data Protection in the Financial Services Industry essential
The banking and financial sectors' rapid digitization is increasing dependence on modern instruments for corporate communication.
This increasing reliance means that businesses must safeguard and preserve substantial amounts of business data safely and securely.
Customers' sensitive and private financial data, such as support records, account reports, and personally identifiable information, are in business communication.
The risk of data loss is increased by focused cyberattacks and intentional or unintentional data erasure by departing staff.
A supervisory layer that finds policy violations are lacking from your regular backup software. And it is more difficult to prevent loss when storing data on employee devices and emails.
Financial services organizations stake their reputation on the reliability of their data management platforms and the quality of their security measures.
Vaultastic can power Data Protection in the Financial Service Industry
A strong financial data protection foundation is established for increased trust and reputation by a secure, central cloud platform that complies with operating best practices, industry requirements, and laws.
Innovative cloud data protection solutions and new-age email archiving technology in Vaultastic solve the issues of secure data storage, convenient retrieval, and long-term data storage at compressed costs.
The cloud email archiving solution for financial services from Vaultastic offers a wide range of data and cloud services to effectively and securely handle operating data and protect financial data.
Our engineers built Vaultastic’s security framework ground-up to adhere to the strict cybersecurity guidelines of RBI, SEBI, IRDAI, and others such as GDPR, CSA Star, and AWS.
Benefits of using Vaultastic for Data Protection in the Financial Service Industry
Vaultastic provides a selection of data storage regions to help comply with data residency rules set forth by governments and industry organizations.
Vaultastic integrates automatic migration tools to ingest old email archives into the central repository to provide long-term, reliable data protection in the financial industry.
Vaultastic provides impenetrable security "IN" the cloud to defend against cyber-attacks and makes sure that your sensitive data hosted on our platform is encrypted, immutable, and tamper-resistant.
Using our integrated compliance management workflows can reduce costs of risk and financial services compliance through the legal hold, straightforward case management, and quick resolution of breaches.
The cloud email archiving for financial services platform Vaultastic leverages powerful de-duplication to automatically filter out redundant material from ingested data. It retains references to a single copy, reducing the cost of data preservation by up to 47%.
Related: How Vaultastic builds Data Resiliency for modern Financial Services Organizations
