Financial services are a favorite target for cybercriminals, and, hence, financial institutions must ensure the security of their applications, data, and infrastructure. They must stay ahead of the evolving security threats and comply with the most stringent industry regulations.

As financial institutions face a high degree of cyber security risk, the industry faces a challenging regulatory landscape that is evolving all the time. Security breaches can result in a high amount of liability and loss of reputation.

The needs of financial institutions are particular. They must boost the economy with the increasing speed of doing business and adapt to the new connected ecosystems that enable people to transact effortlessly. This very ease of doing business consideration also imposes considerable security challenges to applications developers who are balancing responsiveness, connected ecosystems, and compliance at the same time.

Balancing these conflicting objectives requires a careful design, implementation, and monitoring of information systems and transactions. Establishing strong policies and risk management frameworks enables financial institutions to get a competitive edge while making it easier for their customers to do business.

Anvaya’s Information Security Services for the Financial Services Industry

Anvaya offers a comprehensive array of security solutions for the financial services industry, and our services enable the seamless, secure flow of high transactional volume. We help our clients comply with the stringent security norms of ISO27001, PCI-DSS, SOC Type 1 and Type 2, and other industry-specific regulations. Our services cover the entire spectrum of security program design, implementation, monitoring, and continuous improvement.