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
Especially in the financial industry, the regulatory requirements for digital systems and processes are immense. Securing banking IT in compliance with the requirements of the German Banking Act (KWG), MaRisk, BAIT and soon also DORA requires the highest level of expertise and reliable technology. In addition, the General Data Protection Regulation (GDPR) and the IT Security Act (IT-SiG) must be respected. Institutions that exceed certain transaction thresholds are classified as critical infrastructures (KRITIS), which are subject to even stricter IT security requirements. They must regularly demonstrate that they are using all available cybersecurity options to protect their systems to adequately ensure the integrity, availability, authenticity and confidentiality of the data.
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.
If you are interested in futher informations, we are willing to send you our factsheet for free
What the Digital Operational Resilience Act (DORA) means for financial companies
- Key requirements of DORA for regulated financial institutions
- What to consider when choosing a third-party vendor
- How Myra Security can help you implement the new DORA requirements