123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Computers >> View Article

Wall Street Scrambles To Enforce Data Loss Prevention In Cloud-first World

Profile Picture
By Author: Skyhighnetworks
Total Articles: 54
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

After protecting sensitive client data while being transmitted via email, IT security teams on Wall Street are scrambling to secure the latest technology: the rise in cloud apps like Dropbox and Evernote that are easy to sign up for but present another vector of potential data loss for financial firms. “With email we had just one solution and it was under our control. With the cloud, there could be thousands of apps and we don’t control any of them,” according to Jeff Anderson, Director IT Security.

What has banks worried is the type of sensitive client information they routinely access, such as Social Security numbers and credit card numbers. Another potential problem are regulations that protect such information, and also prohibit certain groups within the bank from exchanging information with each other (e.g. separating analysts rating stocks, from bankers whose clients are those companies being rated by the analyst).

During the last decade, data loss prevention software has proliferated, making it easier for IT departments to control ...
... sensitive information and even stop certain types of compliance violations from even happening in the first place. “We’ve developed a very robust set of data loss prevention policies which we apply to how sensitive data is exchanged via email or downloaded to external storage devices like USB drives,” says Anderson.

With the enormous growth in the use of cloud apps over the last couple years, companies are scrambling for ways to apply their data loss prevention methods to the tools that employees are using to collaborate. One of the challenges is that they don’t want to recreate the complex policies enabled using current DLP solutions, nor do they want to have their DLP teams using 2 or more different data loss prevention tools which makes the work they do much more complex and challenging.

Some companies are turning to cloud data loss prevention solutions from cloud security companies like Skyhigh Networks that bridge the gap between existing DLP solutions and the cloud world. The idea behind this next generation of solutions is securing the new world of collaboration, file sharing, and other tools employees routinely using via web browsers.

Author :

Skyhigh Networks, the Cloud Security Services company, enables companies to embrace Cloud Security Services with appropriate levels of security, compliance, and governance while lowering overall risk and cost. With customers in financial services, healthcare, high technology, media, manufacturing, and legal verticals, the company was a finalist for the RSA Conference 2013 Most Innovative Company award and was recently named a "Cool Vendor" by Gartner, Inc. Headquartered in Cupertino, Calif., Skyhigh Networks is led by an experienced team and is venture-backed by Greylock Partners and Sequoia Capital. For more information, visit us at http://www.skyhighnetworks.com/cloud-data-loss-prevention/ or follow us on Twitter@skyhighnetworks.

Total Views: 483Word Count: 457See All articles From Author

Add Comment

Computers Articles

1. Extract Trader Joes Grocery Store Location Data For Insights
Author: FoodDataScraper

2. Publix Grocery Data Scraping Services For Real-time Tracking
Author: Actowiz Solutions

3. Scraping Food Delivery Data From Menulog For Business Intelligence
Author: Food Data Scrape

4. Why Transportation Companies Need Embedded Bi Tools – Helical Insight
Author: Vhelical

5. Time Attendance System Singapore | 1 Sgd Mobile Attendance Easy Setup
Author: guard

6. Employee Gps Mobile Time Attendance | 1 Sgd Per Month Payroll Integration
Author: guard

7. Gps Nfc/qr Guard Tour Patrol – Free Payroll – 30sgd Monthly Subscription
Author: guard

8. Elearning Security Officers & Free Payroll – 30sgd Monthly Subscription
Author: guard

9. Guard Tour System & Security Patrol – 30sgd Per Month Plan
Author: guard

10. Top Benefits You Gain When You Hire Oracle Sql Developer For Efficient Data Management
Author: Stellanova GlobalTech

11. Discover How Microsoft Purview Compliance Manager Simplifies Cmmc Compliance For Gcc High Environment
Author: ECF Data

12. Scraping Food Ingredient Info From Sydney, Australia, For Insights
Author: Food Data Scrape

13. Best Website Design Perlis | Rm499 Unlimited Pages – Creative Solutions
Author: mobiwork

14. Rm499 Unlimited Pages Custom Web Application Development | Quality Guaranteed
Author: mobiwork

15. Flexible Work Arrangement & Free Payroll – 1sgd Monthly Pricing
Author: mobiwork

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: