Financial institutions are struggling to keep pace with technological advancements while ensuring data security and compliance with stringent regulations. Data modernisation has emerged as a critical strategy for banks to remain competitive, enhance customer experiences and fortify data security measures. In this blog post, we’ll discuss the importance of data modernisation in banking.

As the adoption of generative AI (GenAI) accelerates across enterprises, one of the most promising applications emerges in customer support. GenAI enables automated responses, allowing businesses to engage in natural conversations with customers and provide real-time chat support. However, this convenience comes with inherent risks, particularly concerning data privacy.

The modern enterprise relies on hundreds of SaaS apps, email services, generative AI (GenAI) tools, custom apps, and LLMs, which often contain sensitive data. For too long, security teams have been forced to patch together point solutions for coverage across these channels, increasing their workloads and creating opportunities for sensitive data to slip through the cracks. This is precisely where Nightfall’s single-pane-of-glass solution comes into play: With Nightfall Sensitive Data Protection.

Did you know that 41% of breaches involve email? For threat actors, cloud email systems like Gmail and Microsoft Exchange are treasure troves for valuable internal information like PII, PCI, PHI, secrets, and credentials. In order to limit the blast radius of privilege escalation attacks, and to remain in compliance with standards like HIPAA, it’s essential for enterprises to protect thousands of emails per day.

Nearly one third of all data breaches are caused by insiders. While you might immediately think of malicious insiders, like disgruntled or departing employees, insider risk can take numerous forms, including: From these examples alone, it’s easy to see just how prevalent insider risk really is. Whether it’s intentional or unintentional, insider risks often have the same consequences as external risks, including data leaks, data loss, noncompliance, and more.

archTIS is pleased to announce it is a Compliance & Privacy Trailblazer award finalist in the 2024 Microsoft Security Excellence Awards. The company was honored among a global field of industry leaders that demonstrated success across the security landscape during the past 12 months. We are extremely proud to be recognized as a finalist for the Compliance and Privacy Trailblazer award for the second year in a row.

Australia’s Data Privacy Landscape is EVOLVING QUICKLY In February 2023, the Australian government released the results of a two-year review of the 1988 Data Privacy Act. This was followed by a response in September, authored by Attorney General Mark Dreyfus, that agreed to 38 of the 116 recommendations and a further 68 ‘in principle’.

Legacy data leak prevention (DLP) solutions are failing. Simply put, they weren’t built for business environments rooted in SaaS apps and generative AI (GenAI) tools. Meanwhile, security threats are evolving at a breakneck pace, with as many as 95% of enterprises experiencing multiple breaches a year. New attack surfaces are unfurling at a rapid rate following the switch to hybrid and cloud-based workspaces.