Banks & FinTech
IT security for the finance sector is our core competency. For many years now, the finance industry has been one of the most attractive targets for professional hacker groups, cybercriminals, and hacktivists. At the same time, the advancing digitalization trend has exponentially increased vulnerability to virtual attacks. These circumstances significantly jeopardize the security and reliability of digital processes throughout the entire finance sector – from FinTech start-ups, right up to major banks.
IT security in the finance sector
Observing strict rules
There are many regulations that apply to IT system security, including the BaFin regulations, as well as BAIT, GDPR, PCI-DSS, PSD2 and C5. They define the technical requirements that banks and financial services providers must fulfill for their systems and which processes are to be conducted for risk management and continuous auditing. In particular, the significant outsourcing in accordance with MaRisk AT 9 represents a major hurdle for the use of external service providers. Financial institutions that serve over 500,000 citizens are among the critical infrastructures (KRITIS) to which even higher standards of IT security apply. On a regular basis, they must be able to evidence that they are using all available cybersecurity options to protect their systems.
What penalties might the affected finance companies face?
Tailor-made solutions from Myra Security for the finance sector, KRITIS and government:
ISO 27001 (based on the BSI basic IT security regulations), PCI-DSS
MaRisk, BAIT, BSI-KRITIS qualified
Security Operation Center
24/7 full-service support from our IT experts
quick installation and easy operation
Made in Germany
German manufacturer & GDPR-compliant
All communications are treated as highly confidential
EUROPEAN CENTRAL BANK
The European Central Bank (ECB) relies on Myra
With our expertise, smart solutions, and successful certifications, we have what it takes to protect customers in the finance sector. In 2018, after months of auditing, Myra emerged as the winner of a global tender issued by the ECB. As the German expert for IT security, Myra beat out the American competition, thereby winning additional important market shares in Europe.
Our technologies for protecting the finance sector
Myra DDoS Protection protects online banking services, websites, and the DNS servers and IT infrastructure required for communication in a fully automated way. Myra is one of the only BSI-certified DDoS protection providers worldwide that completely fulfills all of the performance characteristics. As such, highly sensitive infrastructure is in safe hands with Myra.
Myra Web Application Security protects your applications against attacks as an upstream protective filter. Malicious traffic is filtered before it reaches your servers or cloud architecture. Using Myra’s multi-fingerprinting features, any applications attempting to access the servers are clearly identified and displayed in Myra Analytics.