The financial sector is one of the most vulnerable industries to cyberattacks in the world and requires the necessary security solution to prevent the high costs associated with a data breach. Cloud security issues facing the financial industry include:
Information transferred through the Cyphre cloud has an added layer of protection through BlackTIE® encryption. The hardware-encrypted Black Keys nullify the threat of customer data being exposed.
Cyphre’s BlackTIE® operates in the background and is invisible to the end user. Its heightened security does not hinder the ability of financial institutions and its employees to be productive, nor does it limit collaboration.
Cyphre’s BlackTIE® technology enables financial institutions to apply by the privacy and security framework provided by the Federal Financial Institutions Examination Council (FFIEC).
BlackTIE® can be applied across the entire company IT infrastructure, protecting information behind the firewall and data transferred over the public Internet. For companies that utilize cloud storage, BlackTIE® extends protection of these files, adding a formidable layer of security.
Cyphre’s BlackTIE® encryption technology protects the privacy of clients’ financial information through the use of Black Keys. These hardware-encrypted keys add an extra layer of security on top of standard TLS encryption. This approach guarantees that only those systems with verifiable keys can view files.
Unlike software-only encryption, Black Keys are never readable in plaintext, nor are they exposed in memory. Even if a threat event occurs and an attacker is able to access the main memory buffers, Cyphre’s Black Keys are still protected and rendered completely unusable. Further, Cyphre does not require a threat to be detected in order to instantiate protection. The nature of Cyphre’s blackened keys ensures that they are inert and indecipherable at all times.