Dig at FS-ISAC: Data Security for Financial Data

The Dig Security team recently made a notable appearance at the Financial Services Information Sharing and Analysis Center (FS-ISAC) Americas Spring Summit in Denver, CO. FS-ISAC is the only worldwide cyber intelligence sharing community that concentrates on financial services.

The event itself was a fantastic success, with great opportunities to connect with people in the financial services industry and noteworthy contributions from Guidepoint and Atlantic Data Security, both key channel partners who helped propel the discussions around how Dig can revolutionize cloud data security for financial services organizations.

Unsurprisingly, the financial services industry is a leading target for cyber criminals. The average cost of a breach is over $5.7 million and the average cost of a ransomware breach is at more than $4.6 million, meaning financial services businesses have more incentive than ever to ensure their data is secure. And with industry regulations, such as GLBA, SOX, SOC-2, and GDPR, continuing to grow and become more rigorous, traditional tools are no longer sufficient in protecting sensitive data.

According to Dig Co-Founder and CEO, Dan Benjamin, “The industry needs dynamic, modern cloud data security tools to protect financial data in multi-cloud environments, preventing severe disruption like compliance issues and fines, ransomware demands, or bankruptcy."

The Dig Data Security Platform is at the forefront of cloud data security with our innovative approach that combines data security posture management (DSPM) with data detection and response (DDR) and cloud data loss prevention (DLP) to identify and respond to critical misconfigurations, compliance violations, and financial data risks in real-time, minimizing the risk of cyber attacks and data misuse caused by the sprawl of cloud data. The platform's automated discovery and classification features also make it easy for organizations to identify and categorize data assets in popular public clouds like AWS, Azure, GCP, and Snowflake. Additionally, Dig offers a comprehensive view of regulatory requirements like PCI, PII, FTC, GLBA, SOX, SOC-2, GDPR, and others to ensure compliance with the latest security and privacy regulations. Financial services organizations operating in high-risk security environments can rely on Dig as the ideal solution for cloud data security.

Read more about how Dig works for financial services here.