Secure Islands Case Study - Financial Firm Implements Enhanced DLP
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Secure Islands Technologies provides advanced information protection solutions for a European bank, which manages over €98 billion in assets. The bank sought to enhance its data security and classification while minimizing costs and maintaining productivity, eventually choosing Secure Islands' IQProtector to implement robust monitoring and classification policies. The solution enables real-time email monitoring, classification management, and retroactive scanning of existing files, thereby enhancing overall data governance.
Secure Islands Case Study - Financial Firm Implements Enhanced DLP
- 1. CS_ European Bank | Page1 Secure Islands Technologies Inc. 79 Madison Ave. New York, NY 10016 | Tel: +1 (646) 313 3798 SecureIslandsTechnologies Ltd.5MenachemBeginAve.,BeitDagan,Israel50250|+972(3)7299899 Visit us at: www.secureislands.com info@secureislands.com The Business The company provides its institutional, retail and high net-worth clients access to skilled investment professionals representing a broad range of asset classes, including equities, fixed income, property and alternative investments. With its principal place of business in London, the firm is one of Europe’s largest investment managers, with over €98 bn assets under management and over 1000 employees in nearly 20 locations worldwide. The Challenge As a leading financial services company, the firm is committed to building a secure work environment where information can be stored, used and communicated safely without risk of financial loss, damage to reputation, or regulatory penalties. At the same time, as an SME, the firm was seeking a solution to secure company information and access to data, while still keeping security CapEx in check. The company had already implemented Microsoft RMS across its 1,000 desktops and 300 laptops, and was seeking a solution that would extend RMS functionality – cost-effectively leveraging their infrastructure investment, improving data security and adding data classification, all with minimal impact on workflow and productivity. The company considered traditional DLP solutions, but were seeking a more proactive approach from a service-oriented and forward-thinking vendor, that would: • Allow information resources to be labelled such that the classification is clearly identifiable • Allow for reclassification by the Information Owner once the circumstances surrounding the original classification have changed • Enable real-time monitoring of email communications • Enable retroactive scanning and classification of existing files in any format • Log every change to the classification of files and emails Global Asset Management Firm Selects Secure Islands Enhanced DLP Solution
- 2. Secure Islands Technologies Inc. 79 Madison Ave. New York, NY 10016 | Tel: +1 (646) 313 3798 SecureIslandsTechnologies Ltd.5MenachemBeginAve.,BeitDagan,Israel50250|+972(3)7299899 • increased user security awareness across the enterprise • classificationofallsensitive content – from documents to emails • powerful analytics tool for actionable, real-time, real- world insights on how data is being used • meet both regulatory and management reporting demands BenefitsThe Solution The Firm chose Secure Islands’ IQProtector (IQP) to extend and enhance the organization’s monitoring and alert processes. IQP enabled the Firm to augment security policy enforcement and apply classification based on a pre-defined policy for all outbound email and attachments – including those originating on mobile devices or residing in the cloud. Successful Implementation Following the definition of the initial data classification parameters, all newly-created files and documents are now classified based on a centrally-managed corporate policy. Files that have not been assigned a classification level by users, are considered to be “Confidential” by default, ensuring that all information resources are tagged and classified. In the next step, the Firm used IQP Scanner to retroactively scan, classify, and tag their thousands of existing files and documents as Restricted, Confidential, Internal, or Public. All outbound email is now fully monitored using IQP’s powerful analytics tool. Attachments to outgoing messages automatically receive the most sensitive classification, and users are required to provide justification for each external message. For all automatically-classified content, users have the option of re- classifying – but Secure Islands’ IQP ensures that no content is ignored or can slip through the cracks The nexus of the company’s DLP program, IQProtector now provides classification of all sensitive content – from documents to emails, and everything in-between. Secure Islands’ approach to implementation and rollout of IQProtector, the system’s inherent stability, and its broad application compatibility markedly contributed to the success of the project. About Secure Islands Secure Islands develops and markets advanced Information Protection and Control (IPC) solutions for the borderless enterprise. Our policy-driven technology immunizes data at the point of creation, applying classification and protection that persistthroughouttheentiredata life-cycle. CS_ European Bank | Page2