Data Privacy and Protection for FinTech Firms
Protect your sensitive financial data with confidence
- Trusted by Engineering Teams Building AI at Scale
Unparalleled Data Security
Our advanced data masking algorithms ensure that your sensitive information remains unreadable, making it impossible for cybercriminals to decipher and thereby mitigating breach risks.
Compliance-First Approach
Our platform is built to meet rigorous security and privacy standards such as PCI DSS, GDPR, CCPA, and more. Rest assured; your data is in full compliance with industry regulations.
Rapid Time to Value
Easily integrate Protecto with your existing data infrastructure, making implementation swift and hassle-free. Our user-friendly interface allows your team to start masking data instantly, saving time and resources.
Improved Data Governance
Get full control over who has access to what data, when, where, and how the data is used. Enforce fine-grained data access control of your data stores, ranging from individual columns to entire rows.
How Protecto works
Scan and surgically mask confidential financial information using our Intelligent Data Tokenization approach. Protecto enables you to securely store and share sensitive financial and customer data in accordance with regulatory compliance, eliminating the need to invest in time-consuming manual efforts.
Take the first step towards ensuring robust data privacy in financial services. Try Protecto for free
Chief Information Officer
Global Financial Asset Management Company
Easy-to-implement solutions for common financial use cases
Our solution is quick to deploy, highly adaptable, and equipped to support your various use cases without compromising financial services data privacy.
Banking
Enable financial data security within applications such as CRM, core banking software, KYC, financial analytics, and more.
Insurance
Minimize exposure of sensitive policyholder data and financial information by enforcing access control, and scanning systems for privacy and breach risks.
Asset Management
Enforce governance and controls of financial data access to reduce breach risk, improve privacy posture and ensure privacy compliance.
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FAQs on Data Privacy in Financial Services
Data privacy and protection are crucial in the financial services industry to prevent fraud, identity theft, and unauthorized access to sensitive financial information. It also helps build trust among customers and ensures compliance with legal and regulatory requirements.
Sensitive data in financial services includes personal information like names, addresses, Social Security numbers, financial account numbers, credit card information, transaction history, and any other data that can be used to identify or financially harm individuals or organizations.
Common regulations include the General Data Protection Regulation (GDPR), the Gramm-Leach-Bliley Act (GLBA),and the Payment Card Industry Data Security Standard (PCI DSS).
Data tokenization is a security technique that replaces sensitive data, such as credit card numbers or personal identifiers, with a unique token. This token can be used for transactions and processing without exposing the original sensitive data.
Data tokenization is crucial in financial services to protect sensitive information, comply with regulatory requirements, and reduce the risk of data breaches. It ensures that even if attackers gain access to tokenized data, they cannot decipher it.
Data tokenization enhances data privacy by reducing the exposure of sensitive information. Only authorized parties can access and use the data, minimizing the risk of unauthorized access.
When implemented correctly, data tokenization has minimal impact on system performance. Intelligent data tokenization solutions by Protecto are designed to be efficient and transparent to end-users.
Benefits include improved financial data security, compliance with regulations, reduced risk of data breaches, and enhanced customer trust.