Client Data Protection
Protecting your clients’ privacy – one of your key differentiators
Recent high profile security breaches involving personal data have created headlines of the kind most organisations fear. These have generated intense publicity and significant regulatory action against those responsible. Banks are prompted to take immediate measures to understand what client information they hold, how the information is controlled and how to prevent it from being leaked. There is a series of challenges that banks are faced with, for example business efficiency vs. data security, external business partners and historically grown access rights. Furthermore, there is a rapid increase of regulatory requirements, high client expectations and a lucrative market for confidential data.
Preventing security breaches of personal information must be a primary focus for all organisations. This is best accomplished through a comprehensive security framework that encompasses governance, people, processes and technology.
We have considerable experience in developing and implementing information security transformation programmes. We have developed a methodology and tools to assist banks in identifying, rationalising and addressing their information security requirements using a phased and risk-based strategic approach to change the way client data and access to it is managed. Our mature approach enables you to safeguard client data on an adequate level. You will benefit from:
- Understanding what the business requirements are with respect to protection of client identifying data and obtaining an overview of how business processes and access controls work together.
- Obtaining a clear holistic view from business and IT side on your sensitive client data and understanding the required change to reach your vision with respect to protecting client identifying data.
- Continuing to protect your clients’ privacy – one of your key differentiators in the international financial market.
- Avoiding paying for projects directed to improve access controls which mainly address symptoms rather than root causes.
- Possibly uncovering and stopping inadequate treatment of client data.
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