Tag: KMS

Ransomware, a malicious software that is designed to disrupt, damage, and/or gain unauthorized access to a computer system and its data, has been on the rise. As per Sophos, 34% of financial services organizations that were surveyed indicated that they had been hit by ransomware in 2020. Moreover, 51% of those attacks succeeded in encrypting […]

The number of software companies building applications for the financial services industry (FSI) continues to grow. These fintech companies face challenges such as ensuring that their applications stay compliant with banking regulations while rapidly delivering new features for their clients. FSI software vendors have therefore been moving to the cloud to meet their agility, security, […]

In a previous blog post, we discussed how financial institutions can approve AWS services for highly confidential data. One of the questions we hear from customers is: What are the recommended patterns for data protection of highly confidential data? Many financial services institutions have existing data classification and handling policies that dictate the required encryption […]