How Firewall Services from P J Networks Can Secure the Financial Sector
Introduction
This is part of the Financial Sector Security Tutorial. Why is information so important? In an era when transactions and data exchange efficiently in digital format, protecting this extremely valuable currency is critical. While it is evident that financial institutions carry out multifaceted processes, they also operate in a sensitive environment. Just one troublesome security breach can lead to unfathomable disasters, be it financial loss, hit on reputation, or regulatory smack. In an era of growing frequency and sophistication of cyber threats, the question arises: How can a financial institution secure its digital infrastructure? This is where P J Networks stand-off with their Firewall solutions, which do not permit cyber criminals to shatter the normal working order.
Top 10 Threats Financial Institutions Face
The banking industry, with its valuable data and funds, is a favorite target for cyber criminals. Common threats to financial institutions include:
- Phishing Attacks: Deceptive emails or websites are employed by cybercriminals to steal sensitive information from employees or customers.
- Ransomware: This malicious software seizes data and demands payment to regain decrypted access. Successful attacks take these types of financial operations offline.
- Insider Threats: Employees with the wrong access can use their privilege intentionally or unintentionally to present significant risks.
- DDoS Attacks: DDoS attacks are attempts to make online services unavailable by overwhelming them with traffic, disrupting business-critical processes.
- Advanced Persistent Threats (APTs): Stealthy and aimed at establishing long-term access to a network rather than extracting data.
Strong and resilient security measures are required to pre-empt these evolving threats, which is where P J Networks firewalls come in.
P J Networks’ Firewall Solutions
P J Networks now offers the latest Firewall Solutions designed for the financial industry. Embedded in financial networks, these solutions secure:
- Advanced Threat Detection and Prevention: P J Networks implements Fortinet firewalls, known for top-notch threat intelligence. These firewalls can detect and mitigate potential threats before they can breach the network.
- Full Network Visibility: With complete visibility into network activities, banks can quickly detect and respond to threats. Suspected activity can be notified immediately to a specified individual for review through enhanced monitoring capabilities.
- Modular Firewalls Allow Scalable Layered Security Architecture: P J Networks firewall design gels scalability for financial institutions to grow with securing accompanied by no complications.
- Regulatory Compliance: The financial industry has stringent regulations where certain security standards are mandatory. P J Networks firewall solutions are always PCI DSS compliant to keep institutions from being heavily fined.
- Economic Rentals: Knowing the importance of cash flows, P J Networks offers all components, including firewalls, servers, routers, and more, on rental options. This allows institutions to strengthen network security without large capital outlays.
Case Studies
Case Study 1: Protecting a Mid-size Bank from Phishing Scams
Originally posted in TechRepublic, this case study discusses how a mid-sized bank thwarted a wave of phishing attacks aimed at its employees and learned valuable lessons along the way. To achieve this, P J Networks implemented their cutting-edge firewall solutions with an emphasis on email security measures. The firewall’s strong filtering mechanism performed a 90% drop in phishing emails, thus eliminating the threat as it came in — before anything could happen.
Case Study 2: Fighting Ransomware in a Financial Services Organization
When a financial services firm was struck with ransomware that encrypted its vital data, P J Networks came to the rescue. The real-time threat intelligence fed into their firewalls automatically detected these attacks and prevented lateral movements through the firewall. Post-attack, the company installed P J Networks’ firewall to avoid further incidents, deciding that their rental option was a valuable solution for ongoing protection.
Case Study 3: Protecting Yourself from Insider Threats
An investment firm experiencing insider threats contacted P J Networks for help. Securing traffic with P J Networks designed Fortinet firewalling enables granular control of data access across the spectrum. This significantly reduced risks from privileged insiders and improved the overall security posture of the firm.
Conclusion
As cyber threats grow by the hour in an ever-more interconnected world, financial sectors can ill-afford to be negligent. A highly resilient security solution from P J Networks helps firewalls for finance plot a strong defense, significant in safeguarding financial institutions against several prominent cyber threats. Their solutions provide industry-leading threat detection, complete network visibility, regulatory compliance, and convenient rent-to-own options. This provides real examples of how P J Networks enables financial institutions to navigate the complex landscape of financial security, enabling institutions to operate safely, perform efficiently, and manage economically.
Using unmatched security expertise and innovative approaches, P J Networks is leading the defense of a dedicated financial sector against the ongoing avalanche of cyber threats. Protect your business with P J Networks’ bleeding-edge firewall solutions; security in the finance world is not a choice, it’s a must.