Modern Data Security
and Management for theFinancial Services Industry
Key Benefits• Enhanced cyber resilience• Simplified management of financial
data with a single UI• Significant cost savings• Faster recovery times• Streamlined regulatory compliancerequirements• Seamless data consolidation ona single web-scale platform post
merger and acquisition

In today’s digitally connected world, the financial services
industry has experienced a monumental shift towards datadriven practices. The extensive use of technology and data
has significantly enhanced the efficiency of financial services,
enabled better customer experiences, and streamlinedoperations. However, this reliance on data comes with an inherent
responsibility to safeguard it from threats and vulnerabilities.
Financial institutions face unique challenges when it comes todata security and management. The sheer volume of data theyhandle, coupled with the continuous evolution of cyber threats,demands a robust and adaptive security infrastructure. Moreover,the integration of various technologies, like mobile banking, cloudcomputing, and Internet of Things (IoT) devices, introduces new
attack vectors that require constant monitoring and mitigation.
Some major challenges faced by financial enterprises are:
• Data Volume and Complexity: Financial institutions handle massive
data volumes, including transaction records, customer information, andmarket data. Managing and securing this diverse and complex data is a

Who We Work Withsignificant challenge.
• Regulatory Compliance: The financial sector is subject to numerous• Retail and commercial banks

regulations, including GDPR, CCPA, and industry-specific standards like

• Investment banks and brokerages

stringent data protection measures.

• Capital markets and exchanges• Home, property and casualty, auto,and life and annuities insurers• Business and professional insurers• Payment processors and FinTechs

PCI DSS. Compliance with these regulations is nonnegotiable and requires• Cybersecurity Threats: Financial organizations are prime targets forcyberattacks, including ransomware and data breaches. Protecting
against these threats while ensuring business continuity is a top priority.
• Data Accessibility and Performance: Quick and secure access tofinancial data is crucial for decision-making and customer service.
Ensuring high performance and availability is paramount.

“The total Cohesity experience—security options, SaaS model andsupport—has been just what we’d hoped for. If we went back in time,
we’d make the same decision.

”– Mike Viola, Principal Technologist, Nasdaq

Solution Overview: Modern Data Security and Management for the Financial Services Industry

1Enhancing cyber resilience forfinancial services• Data Insights: Powerful search and analytics capabilities
enable rapid data discovery, helping financial professionals
make informed decisions and identify potential risks

Modern data security and management empowers financialcustomer experiences while keeping data safe and streamlining

Improve response and recovery forcyber resilience

compliance. Many financial services companies are modernizing

Protect and recover against ransomware with threat protection,legacy IT infrastructure, including multi-point backup and recovery

cyber vaulting, and ML-powered data classification—byproducts. A few factors are driving this change: the status quo isidentifying threats, assessing attack impact, and confidently

complex, expensive to manage, and fails to deliver the security

recovering critical data.

IT teams to enhance data resiliency, so they can successfullycollect, aggregate, and analyze data to deliver exceptional

these customers require. What’s more, systems often take
too long to recover after an incident, adversely impacting thecustomer experience and operational efficiencies.
Cohesity enhances an organization’s data resilience byconverging backup, recovery, replication, and disaster recovery
on a single, hyperconverged, cloud-native platform. With aCohesity provides robust data protection mechanisms tosafeguard critical financial data via:
• Continuous Data Protection (CDP): Real-time datareplication ensures minimal data loss during unexpected
events.

unified, scale-out solution, Cohesity eliminates legacy data

• AI-powered Ransomware Detection: Cohesity’s solution

protection silos and simplifies management with a single user

includes built-in ransomware detection capabilities thatinterface and policy-based automation. Meet your SLAs withimmediately analyze data ingested from production

sub-5 minute RPOs and instant mass restore to any point inenvironments on every backup for telltale signs of unusualtime. Additionally, Cohesity supports leading application andactivity or data changes, like those related to ransomware

infrastructure vendors.

attacks.

Data
Protection

Data
Security

DataMobility

Data
AccessDataInsights• Immutable Backups: Immutable backups prevent
unauthorized changes or deletions of data, ensuring data
integrity and compliance.
• Rapid Recovery: Cohesity provides instant and predictable
recovery at scale by providing organizations immediate
access to critical business processes and data to meet their

Cohesity Data Cloud
Scalable

SimpleSecureAI/ML Readydemanding recovery time objectives (RTOs).
Extensible

Modernize backup and recovery fordata resilience
Cohesity offers a unified data security and management
platform that accelerates and simplifies backup and recovery offinancial enterprise workload across on-premises and cloud witha secured unified platform for data resilience.
• Data Classification: Cohesity’s highly accurate MLbased data classification engine classifies sensitive data
automatically or on-demand, including personal identifiable
information (PII).
• Data Consolidation: Cohesity’s platform consolidates
data from various sources, including core banking systems,

Reduce the risk of data compromise
Enhance your data security against sophisticated ransomware
attacks with Cohesity FortKnox, a SaaS cyber vaulting andrecovery solution. Get an additional layer of managed security
and protection against cybersecurity threats, simplify
operations, lower costs, and recover confidently from attacks.
• Role-Based Access Control: Safeguard data withmultilayered Cohesity Threat Defense Architecture—withimmutability, WORM, access control, quorum, Cohesitymanaged KMS, threat detection, and more.
• Data Encryption: Robust encryption methods securedata both at rest and in transit, mitigating the risk ofunauthorized access.
• High Availability: Ensure data is always accessible, eventrading platforms, and customer databases, into a single,

during system failures, using fault tolerant architectures,

easily accessible repository.

data redundancy, replication, and more.

Solution Overview: Modern Data Security and Management for the Financial Services Industry

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Stay compliant

In the financial services industry, effective data security andCohesity helps your financial services organizations maintain

maintaining customer trust. Cohesity’s modern platform

operational efficiency as you address ever-changing government
and industry requirements.
• Data Governance: Address stringent requirements from
PCI and Gramm-Leach-Bliley to GDPR with comprehensive
data governance features, including data classification andautomated data retention policies. Help ensure compliancewith industry-specific regulations.

management are essential for success, compliance, andprovides a comprehensive solution that addresses the industry’s
unique challenges, offering data consolidation, security,compliance, and access features. By choosing Cohesity, financialorganizations can unlock the full potential of their data while
helping ensure its protection and compliance with stringent
regulations, ultimately driving business growth and resilience inthe digital era.

• Audit Logs: Couple policy-based automation with API
integration to achieve long-term retention requirements
and speed audits.
• Easy to Consolidate: Consolidate data and apps, postmerger or acquisition, from many organizations onto one
web-scale platform.

Our Customers

Enhance Cyber resilience for your financial services organization.
Learn more at www.cohesity.com© 2023 Cohesity, Inc. All rights reserved.
Cohesity, the Cohesity logo, SnapTree, SpanFS, DataPlatform, DataProtect, Helios, and other Cohesity marks are trademarks or registered trademarks of Cohesity, Inc. in the USand/or internationally. Other company and product names may be trademarks of the respective companies with which they are associated. This material (a) is intended to provide
you information about Cohesity and our business and products; (b) was believed to be true and accurate at the time it was written, but is subject to change without notice; and (c) isprovided on an “AS IS” basis. Cohesity disclaims all express or implied conditions, representations, warranties of any kind.
COHESITY.com | 1-855-926-4374 | 300 Park Ave., Suite 1700, San Jose, CA 95110

Solution Overview: Modern Data Security and Management for the Financial Services Industry

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