Banking & Financial
Security Solutions Tailored for the Financial Sector
As expected, financial services organizations face more security threats than most others. Raxis understands the threats that face banks, credit unions, and card processors, and we have performed hundreds of penetration tests specifically in this area, often achieving customer data exfilration as well as transferring funds outside of the financial institution.
Raxis financial customers include numerous banks and credit unions, from just a few branches in one state to hundreds across the country. We work extensively with our financial and banking customers to ensure that ongoing operations are not impacted while we provide the best security penetration test possible.
Contact us and we'll be glad to help customize a quote to meet your needs.
Get a Quote
Are your financial systems safe from insider threats?
We have breached ATM devices, defeated two-factor authentication (2FA) on financial applications, and transferred funds between accounts by providing our own "branch supervisor" approval. We started from basic network access, without a single user account. If this were to happen outside of our controlled testing arrangement, a real breach could create costly compliance fines, reputation damage, and shareholder anxiety.
A simulated attack on your financial systems is designed to find security vulnerabilities you didn't know existed.
Test the human element and discover weaknesses in your visitor and vendor processes that you never knew you had.
GLBA Compliance Requirements
The Gramm-Leach-Bliley Act (GLBA) includes provisions to protect consumers' financial and personal information that may be stored or handled by financial institutions. These provisions require that financial organizations ensure the security and confidentiality of customer information, protect against threats to the security of this information, and protect against unauthorized access to those records. In order to enforce GLBA, the Federal Trade Commission (FTC) issued the Privacy Rule and the Safegards Rule, which require financial institutions to maintain a comprehensive information security program to protect the privacy and integrity of customer data.
Customized Financial Penetration Testing
Raxis has performed hundreds of penetration tests against financial institutions and has designed a methodology that is designed specifically to meet compliance standards and protection of Personally Identifiable Informaiton (PII). In addition to GLBA, often financial organizations need to meet other standards, such as PCI or Sarbanes-Oxley (SOX). Raxis can combine the pentesting procedures from multiple compliance standards to ensure that the same penetration test meets all of these standards together. In addition to pentesting, a social engineering engagement is also used to demonstrate effectiveness of the protection and controls used by the organization to safeguard consumer PII data.