CipherCloud and Box Collaborate to Provide Security and Privacy to Financial Services Firms

  • Cloud , Security
  • 14.07.2016 02:00 pm

Cloud Security Broker secures corporate and client content in Box for organizations in highly regulated industries.

CipherCloud, a leader in cloud security and visibility, today announced it has extended its integration with Box to deliver security and privacy for critical business content in the financial services industry. With CipherCloud's Cloud Security Broker (CSB), financial services firms can provide their employees and customers with modern cloud-based content management and collaboration capabilities on Box while leveraging CipherCloud for data security and compliance with government regulations.

As financial services firms move to the cloud, they face a unique set of challenges related to protecting data and ensuring control and compliance. These firms need to meet myriad industry regulations and compliance mandates covering the type of content, internal and external sharing of content, and actions to be taken when users violate policies.

Box and CipherCloud are jointly hosting a webinar on Thursday, July 21, 2016 at 9:30am PDT titled, "Case Study: Investment Leader Enables Collaboration While Securing Sensitive Data," that will detail how the companies ensure client-advisor privacy while enabling cloud-based collaboration for financial services firms. To register, click here.

CipherCloud's CSB prevents unauthorized access or leaks of sensitive information with cloud data loss prevention (DLP), cloud malware detection, and comprehensive reporting—seamlessly integrated with the Box platform. Together CipherCloud and Box meet the needs of financial services firms by enabling them to:

  • Establish "ethical firewalls" to ensure strict sharing rules between client advisors and employees in other investment functions
  • Deliver secure and simple document sharing capabilities on Box while ensuring data security and compliance
  • Apply strict collaboration controls for regulated content while protecting documents shared between authorized employees and between clients and financial advisors
  • Enforce corporate DLP policies and automatically block, quarantine or protect sensitive data when violations are triggered

CipherCloud, a Box Trust ecosystem partner, recently enabled a large U.S. investment firm to deploy Box for a new wealth advisory portal that met strict mandates for data security, governance and compliance from SEC, FTC and FINRA regulators.  An industry leader in cloud information protection, CipherCloud enables hundreds of financial services firms and organizations in regulated industries to adopt cloud applications by addressing data privacy, residency and regulatory compliance requirements.

Related News