Basel II compliance is becoming a global top priority within the financial industry. Introducing capital charge and measure for operational risk, Basel II encourages financial institutions to more actively address operational risk management. While modern financial institutions are fully dependent on data networks and electronic transfer of information, managing information security is becoming a major part of operational risk management within the industry.
With SSH Tectia, financial institutions can encrypt critical file transfers, remote administration connections, and application communications throughout their network, protecting against both internal and external information security risks. By applying confidentiality, integrity, and authentication to data in transit, SSH Tectia can eliminate common network attacks including password sniffing, data eavesdropping, and connection hijacking, reducing the overall level of operational risks. SSH Tectia also provides secure replacement for FTP (File Transfer Protocol), commonly used by banks to automate file transfers, to ensure security of mission-critical data exchange.
SSH Tectia Connector and Server provide transparent end-to-end application tunneling capabilities to secure the most mission-critical financial applications according to the corporate data classification principles and operational risk assessment. To facilitate centralized security management, SSH Tectia Manager allows system administrators to centrally deploy, maintain, and monitor secure communications.
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