Data Security
You Can Bank On!

Helping Global Banks Secure Financial Data. Achieve Continuous Compliance.

Trusted by some of the world’s largest banks, Fortanix helps banks accelerate digital transformation, prevent digital fraud, secure cross-border data transfers and stay compliant with banking regulations.

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Backed by the Most Trusted Name in the Financial Space

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Since Goldman Sachs was already a customer of Fortanix, we’ve seen the benefits of its technology first-hand. Every single business with sensitive data can relate to the challenges of data security and privacy, making them a potential customer of Fortanix. More importantly, we love backing mission-driven founders and Fortanix certainly has a bold vision of solving cloud security and privacy.

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Soumya Rajamani
Soumya Rajamani
Vice President at Goldman Sachs
Goldman Sachs

Trends and Challenges

The banking industry is rapidly deploying innovative digital financial services. Cloud-first strategies, and innovative technologies like AI/ML, Blockchain, API-based open banking help banking organizations to keep a competitive edge.

Banks deal with vast volumes of digital data, which now more easily flow across regional or national boundaries. Security teams and developers within the banking industry face the challenge to balance the fluid data flows with strict privacy and security regulations around the world.
data security solution for banking

Experience Security You Can Bank on with Fortanix!

Fortanix offers an array of data security services to help banking and financial services mitigate cyber risks, meet the ever-evolving standards and regulations, accelerate digital transformation and provide superior customer experience. Fortanix delivers:

Pervasive data security

Data security services that integrate into any banking IT Infrastructure. Get full visibility and control of data across hybrid multicloud environments.

Privacy by design

Built-in privacy capabilities (Confidential Computing, Tokenization, Data Masking etc.) to greatly reduce risk and improve compliance.

Scalable architecture

A fully API-driven architecture to easily connect to other apps, cloud-native technologies, and modern DevOps tools chains. Supports a broad ecosystem of integrations.

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The Value
You Derive

Accelerate Digital Transformation

Accelerate Digital Transformation

With increased cloud adoption, its critical for Banks to enforce granular data control policies, depending upon the type of data (sensitive vs non-sensitive) they are moving to cloud. Fortanix enables financial institutions with secure cloud migration through comprehensive data control features such as BYOK, BYOKMS.

Ensure Service Continuity

Ensure Service Continuity

A data breach is especially harmful in Banking as disruptions in their financial operations directly causes monetary damage, as well as a damaged reputation in an industry where trust is fragile. Fortanix protects at the data level to prevent several different cyber-attacks.

Eliminate Digital Fraud

Eliminate Digital Fraud

Securing identities is critical to prevent digital fraud. Fortanix offers powerful analytics Fraud detection and prevention solutions, powered by our Confidential Computing technology. Capabilities like Tokenization and data masking helps to secure financial PII.

Confidently Adopt AI, Big Data And Blockchain

Confidently Adopt AI, Big Data And Blockchain

With Confidential Computing, it’s possible to securely collaborate on data-centric projects and ensure the data is secure at all times, compliant with the most stringent regulations. Fortanix eliminates one of the largest obstacles to blockchain adoption--secure and compliant key management.

Stay In-Line With Privacy And Industry Standards

Stay In-Line With Privacy And Industry Standards

The financial industry comes under more intensive scrutiny from government regulators and authorities concerned. Comprehensive data controls to help meet compliance with regulations like GDPR, CCPA, Schrems II, GLBA, SOX etc., and data sovereignty laws around the world.

Customer Success

Less Is More: Asian Bank Ditches Disparate Solutions For An Integrated Data Security Suite

Ankita
Ankita Rawate
Read Blog

Explore our solutions for Banking
Data Security and Privacy

Unified data security

Fortanix provides a Data Security-as-a-Service (DSaaS) platform with integrated Hardware Security Module (HSM), key management, encryption, shared secrets, and tokenization capabilities.

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Confidential Computing

Confidential Computing allows financial institutions to make the best use of data by securing it across its lifecycle.

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Multicloud Key Management

Fortanix delivers full cryptographic key lifecycle management as a service to ensure secure and consistent key management across multicloud environments, including bring your own key (BYOK) and key management service (BYOKMS).

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Tokenization

With Fortanix, you can obfuscate sensitive data for privacy compliance, while preserving the data format, so analytical tools still recognize the data type, such as a credit card number.

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FIPS 140-2 L3 HSM

Fortanix provides an integrated FIPS 140-2 L3 HSM to securely store cryptographic keys, certificates and manage legacy on-premise HSMs from a single interface.

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DSM Accelerator

Fortanix offers the ability to locally cache keys and accelerate security operations. ​​​This enables financial organizations to scale and support high transaction volumes.

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As of August 2023

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