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Fortanix Data Security Manager helps financial organizations secure sensitive data by protecting keys and data regardless of where applications are deployed.
Organizations within banking and financial services deal with a mountain of data that is highly sensitive in nature. Many organizations within the industry are also taking advantage of cloud which in turn has increased the challenge for these organizations to keep the data secure. They are also subject to regulations that can drastically vary between countries and markets. For example: there are regulations like PCI DSS for credit card data, GDPR for EU data across the globe, GLBA, SOX, and other different laws across the world. As these organizations scale, it’s critical to ensure that the sensitive data is protected and meets the compliance requirements.
Fortanix Data Security Manager (DSM) provides built-in hardware security modules (HSM), key management, and tokenization capabilities with flexible consumption options. They can now secure data and keys regardless of where it resides. Fortanix DSM allows banks and other financial institutions to meet compliance, get tamper proof auditing on their data security practices, protect sensitive customer data, and avoid financial and reputational damage caused by a data breach.