| FINANCIAL SERVICES

Zero Trust Data Protection for Compliance with Financial Services Regulations

Strengthen compliance with regulations like GLBA, PCI, CFPB, FINRA, and Sarbanes-Oxley (SOX) with XQ’s Zero Trust data protection for financial services industry (FSI) organizations.

Zero Trust Financial Cyber Security

Financial Data Security Needs Data-Centric Protection

 

XQ’s data-centric encryption safeguards highly sensitive financial records containing personally identifiable information (PII), nonpublic personal information (NPI), Personally Identifiable Financial Information (PIFI), as well as other critical information.

This sensitive information is monitored and tracked anywhere it’s stored and shared across its entire lifecycle

XQ Supports PCI, GLBA, CFPB, And FINRA Compliance

  • Data Encryption for GLBA Compliance

    The Gramm-Leach-Bliley Act (GLBA) requires financial institutions to protect customers’ data.

    GLBA requires Financial Services Institutions to implement and maintain a comprehensive information security program, especially for Anti Money Laundering (AML) and Know Your Customer Regulations. These procedures often break sales workflows and frustrate important customers. Until all data can be protected equally, FSIs have more to lose when it comes to a breach. FSIs, including insurance providers, must protect by encryption all customer information held or transmitted both in transit over external networks and at rest.

  • Provide Confidentiality Of Sensitive Information For FINRA Compliance

    In line with the National Institute of Standards and Technology (NIST) Cybersecurity Framework and FINRA’s Report on Cybersecurity Practices XQ helps:

    • Identify and assess cybersecurity threats

    • Protect assets from cyber intrusions

    • Detect when systems and assets have been compromised

    • Support AML and KYC validation as it is key to securing data even when outside of your control throughout its lifecycle

  • Secure Cardholder Data for PCI Compliance

    Payment Card Industry (PCI) data security standards apply to those who accept or process payment cards. Those standards include protecting data transmission of cardholder data across open, public networks and stored cardholder data. XQ helps payment processors maintain policies that address information security for employees and contractors.

  • Preserve Consumer Privacy for CFPB Compliance

    The Federal Consumer Financial Protection Bureau (“CFPB”) and the Federal Trade Commission (“FTC”), as well as federal functional regulators and State insurance authorities, have the power to enforce GLBA concerning the entities within a particular agency's authority.

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