Customers of financial services often have contradictory expectations regarding software solutions: they want them secure and easy-to-use at the same time. Regulatory bodies are also on the pulse in this sector. According to the Data Breach Investigations Report (DBIR), financial organizations represent the most highly targeted group of security attacks.
The financial industry has is a prime target, especially for malicious actors who are financially motivated. As part of a comprehensive IT defense strategy, effective data logging needs to be both secure and reliable.
Our solutions are trusted and used by dozens of insurance companies, banks, stock exchange companies and other financial service providers, some of which are among the Fortune 500.
NXLog provides logging functionalities for use cases like below
- Integrate with complex structures and frameworks in order to provide relevant logs. Sectors like banking and finance implement a number of complex structures like the AAA framework, and other complex security and access control requirements.
- Financial regulations such as AML (anti-money laundering) where security operations, including logging and auditing functions, are essential in designing audit coverage for AML applications. This need is recognized beyond the IT department, such as anti-money laundering specialist associations such as AMCAL.
- Organizations that handle credit cards from the major card schemes, such as retailers, are mandated to follow the Payment Card Industry Data Security Standard (PCI DSS). In this case, proper auditing is required to report compliance.
Please contact us to find out how we can help you.