Increasingly stringent data security regulations, National Credit Union Administration (NCUA) audits and competition from other financial service providers are among the many factors driving Credit Union senior executives to look for data protection solutions that not only comply but bring their organizations and members real security.
Credit Union data vulnerabilities include:
In addition, larger credit unions may have call centers and other sources of sensitive data. And, as Credit Unions expand their geographies and services, they will have more sensitive data being handled by more applications in more locations on more platforms.
According to the NCUA, Credit Unions need to take at least the following steps to protect their data and their members, including:
And, like most businesses, Credit Unions work with limited financial and human resources.
So Credit Unions need an enterprise-wide data security solution that can easily handle multiple kinds of data on multiple platforms today and in the future. A solution that is scalable, and does not require additional hardware, software or human resources to effectively protect the organization and its members against data breach.
Vormetric Data Security provides such a solution by transparently encrypting data and securing heterogeneous environments across multiple lines of business. It does this cost effectively and is quickly becoming the go-to data security standard for major financial service providers.
Vormetric Data Security Platform Delivers Data-at-Rest Security
to Encrypt Everything, Everywhere
The Vormetric Data Security Platform is the only solution with a single extensible framework for protecting data-at-rest under the diverse requirements of Credit Unions across the broadest range of OS platforms, databases, cloud environments and big data implementations. The result is low total cost of ownership, as well as simple, efficient deployment and operation.
Vormetric security solutions are designed to help you comply with:
Vormetric can work with you to install its Data Security solutions in weeks rather than months. Vormetric’s solutions work with most major operating systems, including Linux, UNIX and Windows servers in physical, virtual, cloud and big data Cardholder Data Environments (CDE).
Vormetric Data Security makes it simple to solve security and compliance concerns by simultaneously defending data in databases, files and big data nodes across public, private, hybrid clouds and traditional infrastructures. Central management of the entire data security platform makes it easy to extend data security protection and satisfy compliance requirements across the entire enterprise, growing as required, without adding new hardware or people or increasing operational burdens.
Customers typically report no perceptible impact to end-user experience when using Vormetric solutions. Vormetric performs encryption and decryption operations at the optimal location of the files system or volume manager taking advantage of hardware cryptographic acceleration, such as Intel® Advanced Encryption Standard-New Instructions (Intel® AES-NI) and SPARC Niagara Crypto, to speed the encryption and decryption of data.
Collectively, this leads to the most cost-effective solution on the market.
To learn more about Vormetric’s solutions for Credit Unions, contact Vormetric.
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