Personal Data is a valuable commodity and highly appealing to cyber criminals, making it one of their high priority targets, yielding lucrative financial rewards. Often external factors are the leading source for malicious actions with Identity Theft and Financial Access continuing to be the most common type of attack.

Financial Services are one of the most tightly regulated business sectors. The FSA, the Data Protection Act, GDPR, PCI/DSS and Euro SOX all have implications for securing financial data-in-transit. The average cost of a data breach for financial services in 2020 surpassing other industries at $5.72 million*.  Financial Institutions’ responsibilities to data security doesn’t just end at the front door, they are also responsible for the data shared with third parties. No matter how secure internal policies and practices are, once data is traversing the world’s private and public networks, it’s vulnerable.

Not all network encryption solutions are the same. Today’s high-speed data networks require a robust encryption solution that provides certified, high-assurance security with maximum network and application performance, without compromise.

Thales has been delivering network encryption solutions for more than a decade, securing WAN and data-centre infrastructures for a wide variety of Banks, Trading Houses and Asset Management Firms.

*Source: 2021 Ponemon Cost of a Data Breach