One of the key benefits of Securify Identity in the financial services industry is the ability to control and monitor access to sensitive financial and personal data. By implementing robust and reliable access controls, Securify Identity can ensure that only authorized users are able to access financial information, preventing unauthorized access and protecting against data breaches. This can help to maintain the confidentiality and integrity of financial data, which is essential for ensuring the security of individuals and organizations.
Another important benefit of Securify Identity in the financial services industry is the ability to ensure compliance with regulations such as the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS sets standards for the protection of credit card information, and Securify Identity can help financial organizations to meet these requirements by implementing strong authentication and access controls, as well as by providing capabilities with respect to tracking and monitoring user activity. This can help to prevent unauthorized access to credit card data and demonstrate compliance with PCI DSS.
In addition to security and compliance benefits, Securify Identity can also help financial organizations to improve their overall efficiency and effectiveness. By simplifying the processes for managing identity and access, Securify Identity can reduce the need for manual interventions and streamline the workflow of financial professionals. This can save time and resources, and improve the overall quality of services provided to clients.
ADVANCED FEATURES OF SECURIFY IDENTITY FOR
FINANCE INDUSTRY
Behavioral Analytics
By tracking and analyzing user behavior, Securify Identity can identify unusual or suspicious activity that may indicate existence of potential adversaries. This can help financial organizations to detect and prevent fraud, such as attempts to access sensitive financial and personal information without authorization.
Adaptive Access Control
Securify Identity can dynamically adjust the level and type of permitted accesses based on the user's behavior and other contextual factors. For example, if a user's behavior deviates from usual pattern, Securify Identity can require additional evidence of authentication or block whole access until the user's identity is re-confirmed. This can help to prevent unauthorized access and protect sensitive financial data.
Risk-based Authentication
Securify Identity uses sophisticated algorithms and machine learning techniques to assess the risk associated with a user or access request, based on factors such as user's profile, the device being used, the location, and the time of day. If the risk level is high, Securify Identity can ask for additional evidence for authentication or block whole access until the user's identity is re-confirmed. This can help to prevent unauthorized access and protect sensitive financial data.
Comprehensive IAM
Securify Identity offers a range of IAM capabilities, including strong authentication, conditional access, user activity monitoring, single sign-on, multifactor authentication and more. This can help financial organizations to implement robust security controls and manage access to their systems and data in a consistent and effective manner.
CASE STUDY
TURKISH BANK
TurkishBank is a part of TurkishBank Group, which has 21 branches in 3 countries, Turkey, TRNC and the UK, an asset size of 1 Billion 56 Million USD and equity of 162 Million USD.
The main field of activity of TurkishBank covers corporate, commercial, retail and private banking as well as project finance and fund management. It also carries out agency activities through its branches on behalf of the company.
CASE STUDY
A&T BANK
A&T Bank specialized in trade between Türkiye, the Middle East and North Africa. For more than 40 years, they have been building relationships, growing businesses and serving as a bridge between parties to increase trade and support development across this promising corridor.
CASE STUDY
ÜNLÜ&CO
Established as an independent financial advisory firm in 1996, ÜNLÜ & Co continues its activities today as the Turkey’s leading investment services and asset management group. Being Turkey’s market leader in mergers and acquisitions, strategic partnerships, primary and secondary public offerings and block sales, ÜNLÜ & Co also provides debt market advisory services to corporate clients.
PRODUCTS
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ACCESS
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BEHAVIORAL