Four Security Solutions That Should Be on Your Radar
Threats to your firm’s data can originate from a variety of sources, and there are several technologies in existence to help combat these threats. But understanding which technology does what can be challenging. Here at RFA, we’ve put together a list of four security solutions that should be on your radar, so that you can navigate the cybersecurity landscape confidently. Read on to learn more.
Next Generation Endpoint Protection- Typical anti-virus solutions are outdated and unable to protect organizations against the most advanced and evolving threats, but there is now a new and improved anti-virus protection solution: next generation endpoint protection. This new and improved solution protects critical firm data by utilizing math and machine learning capabilities that are able to detect malware early, allowing firms to stay ahead of the evolving threat landscape. These advanced mathematical techniques work by halting threats in real-time, enabling firms to stay protected against the stealthiest attackers.
Multi-factor Authentication– Multifactor authentication is a security policy in which users must utilize more than one form of authorization before completing a transaction. Multifactor authentication policies are important because they require the user to combine a variety of credentials to verify the authenticity of the user. This layered approach makes it more challenging for unauthorized users to access whatever device or system is targeted by forcing them to provide multiple sources of information. The key to making multifactor authentication work for your organization is to make users present confirmation factors from a variety of knowledge areas. Multifactor authentication often requires a three step verification process. In this process, users are required to substantiate information from various sources, including personal facts and codes from physical devices, such as tokens with consistently changing number patterns
Data Governance- Data governance and auditing tools report on permission structures and monitor and log data access. These measures help confirm essential data assets are formally managed throughout an organization, which for hedge funds and investment management companies includes investor information, investment decisions, and other critical financial information. Data governance and auditing tools bring firms great benefits by allowing them to know exactly where their data is housed and providing them the ability to retrieve it quickly and accurately.
Vulnerability Management- Vulnerability management tools are important because they deliver an in depth overview of a firm’s network, allowing administrators to immediately identify and proactively address potential threats before they turn into data breaches. By using vulnerability management tools, users can quickly identify and mitigate the most pressing issues.