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© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
www.seclore.com
Enterprise Digital Rights
Management for Banking
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
OVERVIEW
● Sharing sensitive information, such as customer data, is crucial for
the banking industry
● Emails and files containing private and highly regulated data travel
across business units, vendors, partners, and outsourced agencies
● Large bank or credit card company collaborates with more than
20,000 third parties and partners
● These scenarios pose a compliance risk if data is breached or
misused when not within the bank's secure perimeter.
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
BANKING
INFORMATION AT
RISK
Outsourced Printing &
Collections
Credit Risk
Documentation
Board Communications Operational Reports
Fourth-Party Risk
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
OUTSOURCED
PRINTING AND
● Most banks outsource their account statement,check and
card printing processes
● Data consists of Customer Personally Identifiable
Information (PII) and is subject to legal and regulatory
obligations
● Confidential customer information is sent to third-party
collections agencies to support the collection process
COLLECTIONS
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
CREDIT RISK
DOCUMENTATION
● Corporations applying for large loans send their confidential
data (financial information, business models, and revenue
projections) to help the bank analyze the credit risk
● Credit analysts analyze the data and decide on an
appropriate lending rate of interest
● Highly confidential data shared by loan seekers is shared
within the bank with multiple touchpoints
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
BOARD
COMMUNICATIONS
● Board communications – including meeting minutes,
financial projections, merger and acquisition documents, and
more
● Critical to secure this data even from internal unauthorized
access and prevent it from leakage
● Top-secret information shared with the Board stands
exposed to significant risk when stored on a mobile device or
a tablet
● iPads are the most common devices used in boardrooms
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
OPERATIONAL
REPORTS
● Confidential Operational and MIS reports represent another
significant security risk
● Operational reports may contain financial data, corporate
statistics, sales information, and foreign exchange
information
● Strict regulations and compliance obligations such as the
RBI Cybersecurity Framework
● Banks could suffer from significant litigation exposure if this
data is mishandled
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
FOURTH-PARTY
RISK
● Banks often contract a significant amount of tasks related to
dispute resolution to third party agencies
● "Fourth-parties" are not subject to any NDAs or contracts and
can easily misuse the sensitive customer PII Data
unintentionally or maliciously
● Seclore helps banks develop NDAs that can effectively
enforce restrictions on data usage even as it travels to the
nth party
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
ENTERPRISE
DIGITAL RIGHTS
MANAGEMENT
● Seclore's Enterprise Digital Rights Management ensures end-
to-end protection of information shared within and outside
the enterprise
● Automatically enforceable dynamic access controls and
usage policies that can be modified at any time from
anywhere
● Complete boundary-independence and information-centric
security that remains equally effective inside and outside the
organization boundary
● Seclore's EDRM successfully mitigates security risks and
allows you to collaborate with external parties, adopt
innovative technologies, and achieve business objectives
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
SECLORE
ABOUT
● Seclore offers the market’s first browser-based Data-Centric
Security Platform, which gives organizations the agility to
utilize best-of-breed solutions to discover, identify, protect, and
audit the usage of data wherever it goes, both within and
outside of the organization’s boundaries.
● The ability to automate the data-centric security process
enables organizations to fully protect information with minimal
friction and cost.
● Over 2000 companies in 29 countries are using Seclore to
achieve their data security, governance, and compliance
objectives.
© 2021 Seclore, Inc. Company Proprietary Information www.seclore.com
691 S. MILPITAS BLVD
SUITE # 217, MILPITAS,
CA 95035
1-844-4-SECLORE
info@seclore.com
www.seclore.com
CONTACT US
Global Headquarters
USA – West Coast
691 S. Milpitas Blvd Suite
217 Milpitas, CA 95035
1-844-473-2567
Europe
Seclore GmbH Marie-
Curie-Straße 8 D-79539
Lörrach Germany
+49 7621 5500 350
India
Excom House Second Floor
Plot No. 7 & 8 Off. Saki Vihar
Road Sakinaka,
Mumbai 400 072
+91 22 6130 4200
+91 22 6143 4800
Saudi Arabia
5th Floor, Altamyoz Tower
Olaya Street P.O. Box.
8374
Riyadh 11482
+966-11-212-1346
+966-504-339-765
Singapore
Seclore Asia Pte. Ltd.
AXA Tower, 8 Shenton
Way Level 34-01
Singapore – 068811
+65 8292 1930
+65 9180 2700
UAE
Seclore Technologies FZ-LLC
Executive Office 14, DIC Building 1
FirstSteps@DIC Dubai Internet City
PO Box 73030 Dubai, UAE
+9714-440-1348
+97150-909-5650
+97155-792-3262
USA – East Coast
Graybar Building
420 Lexington
Avenue Suite 300
New York, NY 10170
1-844-473-2567

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Enterprise Digital Rights Management for Banking.pptx

  • 1. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com www.seclore.com Enterprise Digital Rights Management for Banking
  • 2. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com OVERVIEW ● Sharing sensitive information, such as customer data, is crucial for the banking industry ● Emails and files containing private and highly regulated data travel across business units, vendors, partners, and outsourced agencies ● Large bank or credit card company collaborates with more than 20,000 third parties and partners ● These scenarios pose a compliance risk if data is breached or misused when not within the bank's secure perimeter.
  • 3. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com BANKING INFORMATION AT RISK Outsourced Printing & Collections Credit Risk Documentation Board Communications Operational Reports Fourth-Party Risk
  • 4. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com OUTSOURCED PRINTING AND ● Most banks outsource their account statement,check and card printing processes ● Data consists of Customer Personally Identifiable Information (PII) and is subject to legal and regulatory obligations ● Confidential customer information is sent to third-party collections agencies to support the collection process COLLECTIONS
  • 5. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com CREDIT RISK DOCUMENTATION ● Corporations applying for large loans send their confidential data (financial information, business models, and revenue projections) to help the bank analyze the credit risk ● Credit analysts analyze the data and decide on an appropriate lending rate of interest ● Highly confidential data shared by loan seekers is shared within the bank with multiple touchpoints
  • 6. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com BOARD COMMUNICATIONS ● Board communications – including meeting minutes, financial projections, merger and acquisition documents, and more ● Critical to secure this data even from internal unauthorized access and prevent it from leakage ● Top-secret information shared with the Board stands exposed to significant risk when stored on a mobile device or a tablet ● iPads are the most common devices used in boardrooms
  • 7. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com OPERATIONAL REPORTS ● Confidential Operational and MIS reports represent another significant security risk ● Operational reports may contain financial data, corporate statistics, sales information, and foreign exchange information ● Strict regulations and compliance obligations such as the RBI Cybersecurity Framework ● Banks could suffer from significant litigation exposure if this data is mishandled
  • 8. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com FOURTH-PARTY RISK ● Banks often contract a significant amount of tasks related to dispute resolution to third party agencies ● "Fourth-parties" are not subject to any NDAs or contracts and can easily misuse the sensitive customer PII Data unintentionally or maliciously ● Seclore helps banks develop NDAs that can effectively enforce restrictions on data usage even as it travels to the nth party
  • 9. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com ENTERPRISE DIGITAL RIGHTS MANAGEMENT ● Seclore's Enterprise Digital Rights Management ensures end- to-end protection of information shared within and outside the enterprise ● Automatically enforceable dynamic access controls and usage policies that can be modified at any time from anywhere ● Complete boundary-independence and information-centric security that remains equally effective inside and outside the organization boundary ● Seclore's EDRM successfully mitigates security risks and allows you to collaborate with external parties, adopt innovative technologies, and achieve business objectives
  • 10. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com SECLORE ABOUT ● Seclore offers the market’s first browser-based Data-Centric Security Platform, which gives organizations the agility to utilize best-of-breed solutions to discover, identify, protect, and audit the usage of data wherever it goes, both within and outside of the organization’s boundaries. ● The ability to automate the data-centric security process enables organizations to fully protect information with minimal friction and cost. ● Over 2000 companies in 29 countries are using Seclore to achieve their data security, governance, and compliance objectives.
  • 11. © 2021 Seclore, Inc. Company Proprietary Information www.seclore.com 691 S. MILPITAS BLVD SUITE # 217, MILPITAS, CA 95035 1-844-4-SECLORE info@seclore.com www.seclore.com CONTACT US Global Headquarters USA – West Coast 691 S. Milpitas Blvd Suite 217 Milpitas, CA 95035 1-844-473-2567 Europe Seclore GmbH Marie- Curie-Straße 8 D-79539 Lörrach Germany +49 7621 5500 350 India Excom House Second Floor Plot No. 7 & 8 Off. Saki Vihar Road Sakinaka, Mumbai 400 072 +91 22 6130 4200 +91 22 6143 4800 Saudi Arabia 5th Floor, Altamyoz Tower Olaya Street P.O. Box. 8374 Riyadh 11482 +966-11-212-1346 +966-504-339-765 Singapore Seclore Asia Pte. Ltd. AXA Tower, 8 Shenton Way Level 34-01 Singapore – 068811 +65 8292 1930 +65 9180 2700 UAE Seclore Technologies FZ-LLC Executive Office 14, DIC Building 1 FirstSteps@DIC Dubai Internet City PO Box 73030 Dubai, UAE +9714-440-1348 +97150-909-5650 +97155-792-3262 USA – East Coast Graybar Building 420 Lexington Avenue Suite 300 New York, NY 10170 1-844-473-2567