INDUSTRIES

Banking, Credit Unions and Financial Service Companies

Protect against unauthorized account access and comply with financial industry frameworks.

Experience Enzoic

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84% of financial institutions

In the past year, 84% of financial institutions experienced account takeovers. It can cost up to 8.3% of their annual revenue.

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300 times more cyber attacks

Financial service firms may experience up to 300 times more cyber attacks per year than other firms.

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2nd highest data breach costs

Financial organizations continue to experience the 2nd highest data breach costs, USD 5.90 million.

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HOW ENZOIC HELPS

Power a Safer Financial Environment

Banks, Credit Unions, and Financial Institutions harbor massive amounts of confidential data. As digital services expand, these entities become prime cyberattack targets, with account details and credit card information regularly traded on the Dark Web.

By securing employee and customer information, mitigating third-party risks, and maintaining adherence to regulations, financial institutions can protect their own systems and the data of their customers.

Enzoic provides a simple and secure defense platform that checks internal and external passwords and credentials to identify at-risk accounts and remediate cyberattacks.

SOLUTIONS

A Simple and Secure Defense Platform for Employee and Consumer Accounts

  • Protect Internal Accounts: Our Active Directory solution seamlessly plugs into your existing Active Directory, providing robust protection for internal credentials. By continually monitoring for compromised passwords and credentials, we identify and rectify vulnerabilities, adding a foundational layer of security to secure employee accounts.
  • Customer Logins: Enzoic’s Password and Credentials API seamlessly integrates with your mobile banking or customer-facing logins, allowing organizations to monitor and safeguard login credentials against exposure on the Dark Web.
  • Payment Card BIN Monitoring: BIN monitoring allows financial institutions to proactively track credit and debit card numbers for Dark Web exposure, enabling quick action to prevent damage and bolster customer trust.

Benefits

Enhance Security

Automatically monitor for compromised credentials and guard employee and consumer data, all while maintaining a frictionless and secure authentication process.

Reduce Costs

Minimize IT workloads by automating password best practices, and discover when legitimate passwords and credentials become compromised on the Dark Web.

Compliance Readiness

Automate your password policy by identifying and remediating security risks while generating compliance documentation.

Partnering with FS-ISAC. Committed to helping financial institutions prevent account takeover and fraud through threat intelligence monitoring.

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What the Experts Are Saying

Kristina Littman
Chief of the SEC Enforcement Division’s Cyber Unit

“It is not enough to write a policy requiring enhanced security measures if those requirements are not implemented or are only partially implemented, especially in the face of known attacks.”

The FTC and SEC now cite compromised credentials in financial service firms as inadequate data security practices.

Resources

Blog

What’s Missing from New FINRA Guidance

FINRA produced guidance for organizations to tighten their cybersecurity, but no advice was provided regarding the issue of password hygiene.

Read More

Blog

Three Tips to Combat Cyber-threats in the Financial Industry

Three tips that financial organizations in the credit, banking, and insurance industries could benefit from to keep data and networks secure.

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Blog

API’s Are Leaving Digital Banking Services Unlocked

Credential stuffing attacks are posing major risks to banks and credit unions. Read how to address the vulnerabilities in open banking.

Read More

Solve Your Password Problem

We make it easy to try, implement and protect. Start for free.

Experience Enzoic