Financial Services - IoT Security Compliance

Challenge

Managing and securing the vast amounts of data generated by IoT devices while complying with financial services cybersecurity industry regulations

Meeting regulatory requirements when deploying new IoT devices

0%

of financial services firms report that compliance is a significant barrier to IoT adoption

Financial burden of ensuring IoT devices meet regulatory requirements

0%

of the total IoT project budget in financial services firms are compliance-related costs

Using IoT devices while adhering to financial services industry regulations

0%

of financial services firms struggle with using IoT while maintaining compliance with industry regulations

Solution

Cylera provides the IoT asset visibility, tracking, and security management financial services organizations require to meet compliance and audit requirements.

A financial services industry banking customer using an ATM IoT device and being monitored by a CCTV IoT device that Cylera has detected and now monitors for cyber security and compliance with industry regulations.
Comprehensive Visibility, Robust Security Management, and Streamlined Audit Processes
“Cylera has been instrumental in helping us meet financial services industry IoT cybersecurity compliance requirements. Their real-time visibility and advanced threat detection capabilities have enhanced our IoT device security posture significantly. The automated data collection and reporting have enabled us to streamline and improve our audit processes and report generation.” 
Vice President, Information Security
Major Financial Institution

Automate and optimize financial services IoT cybersecurity audits

A financial services industry IoT device used for processing credit card transactions, illustrating Cylera’s ability to discover and classify IoT devices used by financial institutions, then ensure they comply with cybersecurity standards.
Screenshot Inventory Totals Totals 1
Screenshot Inventory Totals Totals 1

IoT Device Inventory Visibility

Cylera captures and classifieds all financial services IoT devices in your environment, preventing auditing errors and compliance penalties due to inaccurate, outdated, or incomplete asset inventory records.

Attack Surface Management

Cylera provides full visibility into the attributes and usage for every connected financial services IoT device. Cylera also identifies security issues, prioritizes actual threats, and tracks remediation actions to help reduce the attack surface and support audit processes.

Two financial services industry IT security specialists reviewing IoT device cyber-attack risk and compliance data and reports automatically generated provided by the Cylera platform on a tablet in a server room, then using this data to reduce their attack surface and comply with cybersecurity regulations.
Screenshot Inventory Totals Risks 3
Screenshot Inventory Totals Risks 3
Two financial services industry IT cybersecurity analysts discussing IoT device data insights and analytics provided by Cylera machine learning and displayed on monitors to identify IoT device inefficiencies and optimize financial institution IoT device operations.
Screenshot Inventory Totals Attributes 2
Screenshot Inventory Totals Attributes 2

Robust Analytics

Cylera analytics take the work out of gathering financial services IoT device compliance evidence. Cylera consolidates all IoT device inventory, vulnerability, threat, and resolution information and provides it in an audit-ready form.

Efficient Audit Support

Cylera enables stakeholders in financial services organizations to share unified, consistent IoT device inventory, security, and operational data, streamlining audit preparation.

This enhances overall audit efficiency, reduces the risk of non-compliance, and ensures a more secure and reliable operational environment.

Financial services cybersecurity executive reviewing IoT compliance data on a laptop, ensuring audit efficiency and cybersecurity risk management.
Screenshot Inventory Totals Threats 4
Screenshot Inventory Totals Threats 4

Explore More Use Cases

Icon for Real-time IoT Asset Inventory
Real-time IoT Asset Inventory
Icon for Dynamic IoT Security Monitoring
Dynamic IoT Security Monitoring
Icon for Efficient IoT Threat Response
Efficient IoT Threat Response
Icon for Streamlined Risk Mitigation
Streamlined Risk Mitigation
Icon for Audit Readiness and Compliance Support
Audit Readiness and Compliance Support
Icon for IoT Data Analytics and Reporting
IoT Data Analytics and Reporting
Cylera's healthcare IoT inventory visibility solutions
Real-time IoT Asset Inventory
Automate IoT Visibility, Discovery, and Inventory
Get continuous visibility and deep intelligence for all of your connected IoT devices.
Command Threat Detail
Dynamic IoT Security Monitoring
Identify IoT Vulnerabilities and Active Threats
Automatically identify new and unknown IoT devices for vulnerabilities and monitor all communications for anomalous behavior and active exposures.
Healthcare IoT and IoMT Audit--readiness.
Efficient IoT Threat Response
Smart IoT Threat Prioritization for Efficient Response
Machine learning (ML) powered alert reduction and accurate risk scoring enables teams to more efficiently take prioritized and decisive actions.
Healthcare IoT and IoMT Risk Management.
Streamlined Risk Mitigation
Improve the Security Posture of IoT Devices
Identify vulnerabilities and at-risk IoT devices, then quickly determine where to take action based on risk scoring.
Command Risk Detail
Audit Readiness and Compliance Support
Expedite Audits and Preempt Delays and Violations
Centralize IoT inventory, risk, threat, and remediation data to help support compliance process evidence, documentation, and auditing.
Command DSPT Cyber Alerts
IoT Data Analytics and Reporting
Flexible Dashboards, Alerting, Reporting, and Data Exchange
Enable different users and departments to optimize IoT resources and enhance tool capabilities by leveraging robust IoT security and usage data.

Related Resources

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