Search
Close this search box.
Facebook Instagram Linkedin

Tag: data protection

Categories
Data Protection

Data Loss Prevention: What You Need to Know

Data loss prevention is defined as the strategy used to guarantee information security so that digital and corporate users don’t send confidential or critical information outside a corporate network or even a home network.

The term also defines software that helps a network administrator control what data end users can transfer.

With the recent approval of the General Personal Data Protection Law (LGPD), the Brazilian legislation that determines how the data of Brazilian citizens can be collected and processed, concern about the issue of data loss prevention will be even more prominent.

In this post, we’ve compiled the main information you need to clear up your doubts on the subject and take the next steps in protecting your company’s data.

Preventing data loss will have an impact on purchasing decisions

In the midst of the Digital Transformation era, where data and information have come to play a fundamental role in the purchasing process, preventing data loss has become a priority in protecting customers and the image of companies.

In this way, all it takes is a virtual attack or a security breach to result in data theft. This directly affects the credibility of the organization affected and the purchasing decisions of its customers.

Data loss prevention doesn’t just apply to large companies – it’s strategic for any business. Involving all sizes of companies and segments of activity. Being subject to cyber-attacks, hijackings and data theft has completely changed organizations’ view of information security. That’s why data protection has become part of any company’s business model.

Investment in Technology is Fundamental

Software products developed for data protection use business rules and policies to classify and protect confidential and critical information. They aim to prevent unauthorized end users from accidentally or otherwise sharing data that could pose a risk to the organization.

In practice, for example, if an employee tried to forward a business email outside the corporate domain or upload a file considered strategic to a cloud storage service such as Dropbox, Drive and so on, they would be denied permission.

The adoption of data protection is happening as a result of insider threats and stricter privacy laws. As well as being able to monitor and control activities, data protection tools can use filters to control the flow of information on the corporate network and protect data that is still in motion.

Data protection is a shared responsibility

Data loss can happen for different reasons. Some companies may be more concerned about vulnerabilities and external attacks, while others worry mainly about human error.

To give you an idea, data loss can occur during a standard IT procedure such as a migration. It can also happen after attacks by ransomware or other malware. What’s more, these threats can be triggered by a simple email.

The impact of data loss can also vary according to the segment or size of the organization. In addition to impacting internal information, losing data puts a company’s legal position at risk in the face of compliance laws.

However, the burden and the challenge cannot be left to managers and IT teams alone. After all, the responsibility for preventing data loss needs to be shared by everyone.

In many cases, it is the employees themselves who accidentally send information that is considered sensitive. In addition, sometimes they also perform an operation that opens the door to a virtual attack.

Therefore, more than just implementing a data loss prevention program, we need to raise awareness. And to do this, the team responsible for information security needs to provide training for executives and end users on the benefits of data protection for the company, its own employees and customers.

The challenge of data protection

Common unintentional causes of data loss include hardware malfunctions, corrupted software, human error and natural disasters.

Data can also be lost during migrations and during power outages or incorrect system shutdowns. This shows us just how big a challenge data loss prevention has become.

 
Hardware malfunction

This is the most common cause of data loss in companies. All it takes is for a hard disk to crash due to overheating, mechanical problems or simply time.

Preventive hard disk maintenance helps to avoid data loss. It also enables IT teams to replace the unit in situations of risk.

Corrupted software

Another common problem in the data loss prevention challenge is corrupted software. This situation can occur when systems are switched off incorrectly. They can usually be attributed to power outages or human error. That’s why it’s essential that the infrastructure team is prepared for incidents and ensures that systems are shut down properly.

Natural disasters

Natural disasters are related to all the items described above. In this way, it can cause both hardware damage and system corruption. A disaster recovery plan and frequent backups are the best strategies to avoid this type of data loss.

In addition to these examples, computer viruses and virtual attacks are potential factors for data loss. And they also cause great damage to organizations and their customers.

The direct impact on the business

As you can see, in addition to the challenge, preventing data loss can be an expensive process, requiring the purchase of software and hardware solutions, as well as backup and data protection services.

However, although the costs of these services can be high, the investment in complete data loss prevention is usually worth it in the medium and long term. Especially when compared to the impacts of a lack of protection.

In the event of major data loss, business continuity and processes are severely affected. Company time and financial resources often have to be diverted to resolving incidents and recovering lost information, so that other business functions can be restored.

Next steps

With the convergence of businesses towards the digital economy, worrying about information security and preventing data loss has become essential.

Not only will companies’ participation in this period of digital transformation be compromised, but any kind of initiative aimed at future growth will be difficult to achieve if financial and credibility losses hit companies.

About EVAL

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a Lei Geral de Proteção de Dados (LGPD). Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.

Categories
Data Protection

Encryption Software: Benefits and Challenges

The use of encryption software has been one of the most efficient methods for providing data security, especially for end-to-end protection transmitted between networks.

Companies and individuals also use encryption to protect confidential data stored on computers, servers and devices such as phones or tablets.

If you still have doubts about the efficient use of encryption software when carrying out different transactions over the Internet, take advantage of this article to clarify all the points.

Encryption software is widely used on the Internet to protect users

One example of the use of encryption software is data protection. In short, we have passwords, payment information and other personal information that should be considered private and sensitive.

How encryption works

The data, usually made up of plain text, is encrypted using an algorithm and an encryption key. This process generates a ciphertext that can only be viewed in its original form if it is deciphered with the correct key.

Decryption is simply the reverse process of encryption, following the same steps but reversing the order of operations. Encryption software basically falls into two categories: symmetric and asymmetric.

  • Symmetric Cryptography

Also known as a “secret key”, only one key is used, also called a shared secret. This is because the system performing the encryption must share it with any entity that intends to decrypt the encrypted data.

Symmetric key encryption is generally much faster than asymmetric encryption, but the sender must exchange the key used to encrypt the data with the recipient before they can perform decryption on the ciphertext.

  • Asymmetric encryption

Known as public key cryptography, it uses two different keys, i.e. a pair of keys known as the public key and the private key. The public key can be shared with everyone, while the private key must be kept secret.

The benefits of using encryption software

The main purpose of cryptography is to protect the confidentiality of digital data stored on computer systems, transmitted over the Internet or any other computer network.

Many companies and organizations recommend or require that confidential data be encrypted to prevent unauthorized persons from gaining access.

In practice, the best-known example is the data security standard used in the payment card sector. It requires customer card data to be encrypted when transmitted over public networks.

Encryption algorithms play a key role in ensuring the security of IT systems and communications. After all, they can provide not only confidentiality, but also elements that are considered key to data security:

Many Internet protocols define mechanisms for encrypting data that moves from one system to another – this is known as data in transit.

Cryptography being used in communication applications

Some applications use end-to-end encryption (E2EE) to ensure that data passing between two parties cannot be viewed by an attacker capable of intercepting the communication channel.

The use of an encrypted communication circuit, as provided by Transport Layer Security (TLS), between the web client and the web server software is not always sufficient to guarantee security.

Normally, the actual content being transmitted is encrypted by the software before being passed on to a web client and decrypted only by the recipient.

Messaging applications that provide E2EE include Facebook’s WhatsApp and Open Whisper Systems’ Signal. Facebook Messenger users can also receive E2EE messages with the “Secret conversations” option.

Current cryptographic challenges

For any current encryption key, the most basic method of attack is brute force. In other words, the hackers make several attempts in a row to find the right key.

The length of the key determines the number of possible keys, hence the viability of this type of attack. There are two important elements that show how strong the encryption used is. These are the algorithms used and the size of the key.

After all, as the size of the key increases, greater resources are also required in an attempt to break the key.

Currently, attackers also try to crack a target key through cryptanalysis. In other words, the process that tries to find some weakness in the key that can be exploited with less complexity than a brute force attack.

Recently, security agencies(such as the FBI ) have criticized technology companies that offer end-to-end encryption. It was claimed that this type of encryption prevents law enforcement authorities from accessing data and communications, even with a warrant.

The US Department of Justice has publicized the need for “responsible encryption”. That is, it can be released by technology companies under a court order.

Next steps

Key management is one of the biggest challenges in the strategy for using encryption software. After all, the keys to decrypt the ciphertext need to be stored somewhere in the environment. However, attackers usually have a good idea of where to look.

That’s why when an organization needs to access encrypted data, it usually puts encryption keys into stored procedures in the database management system. In such cases, the protection may be inadequate.

The next steps in improving the use of cryptography are the challenge of developing an information security plan capable of defining more reliable key storage structures, which is one of the weakest links in the application of corporate cryptography.

Security policies and methods should seek best practices in order to reduce malicious attempts to break and use cryptographic keys and invalidate the use of encryption software.

Now you know a little more about encryption software. Always keep up to date, subscribe to our newsletter and stay on top of Eval news and technologies. Keep following our content on the blog and also on our Linkedin profile.

About EVAL

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.

Categories
Data Protection

Cyber Security and Data Protection are Priorities

Cyber Security and Data Protection has become a mandatory and strategic prerequisite for companies wishing to carry out transactions over the Internet. This includes private and public institutions from the municipal to the federal level.

Security incidents involving government agencies are becoming more and more frequent. Many of us don’t know it, but in a very quiet underworld, a real cyber war is being waged between countries. Based on this theme let’s talk about the importance of protecting data.

Your country’s cybersecurity and data protection is constantly at risk

Recently, a study by the International Monetary Fund (IMF) revealed some alarming data. Central banks all over the world are suffering constant attacks that have already resulted in the theft of millions of dollars. And that’s not all, it turns out that the data of thousands of customers and employees has been compromised.

In recent years the financial sector and the government have been the main targets of these attacks. After all, both have migrated their operations to the online world where the risk of hacking and data theft is higher.

A strong adaptation is required from these institutions in the face of a paradigm shift. In summary, the major operations of banks and strategic government sectors used to take place offline or in a restricted fashion on private networks. However, now they are on the Internet, an open and risky world.

In recent years all these institutions have undergone a major disruption in their business models. Thus, protecting the data has become a priority.

Attackers can be recreational hackers, crackers, or terrorists. Problems can arise in front of business entities and interests, as well as for the public sector and the government.

For example, we can cite banking institutions, energy, state agencies, hospitals, businesses, education, and even social issues as possible targets.

All these institutions rely heavily on their online presence and have therefore started to take risks. With information flowing through the Internet on different networks around the world, there is a growing need for cyber security and protection of personal data, funds and assets, as well as national security.

About Eval

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a Lei Geral de Proteção de Dados (LGPD). Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.

Data Care

It is clear that adopting a Cybersecurity and Data Protection strategy is fundamental. Citizens must have confidence in using online public services, and if they feel they are under threat in areas such as health and welfare, their use of them will certainly decrease.

Because of this growing threat public and financial sector organizations must adhere to appropriate cybersecurity standards. In this way, they can ensure the protection and security necessary for the use of the online environment in their operations.

 

Cybersecurity and data protection must be priorities

For the government, cybersecurity and data protection is not just a requirement, it is a major challenge in the face of the long-awaited digital transformation. What’s more, the stakes are sky-high: hacking into public sector information can jeopardize national security.

Let’s give a better idea of the consequences of cyber attacks and information theft from financial institutions and the government. For this we have listed 8 problems generated by the lack of data protection.

  1. Invading vital systems with the aim of disabling them;
  2. Wreak havoc on the entire digital infrastructure of the country;
  3. Gain access to systems to steal sensitive data;
  4. Stealing document numbers (HR, CPF, CNH, others) or tax declarations;
  5. Make illegal financial transfers;
  6. Disrupt strategic government operations;
  7. Manipulate data and code to introduce harmful instructions;
  8. Obtain employee records and national security files.

The impact of suffering cyber attacks through financial institutions and government agencies goes far beyond financial losses. The exposure of each citizen’s information, for example, is an irreversible damage and that because of its extension becomes impossible to measure the size of the loss.

Meeting the Cyber Security Challenge

The threats are growing in volume, intensity, and sophistication, and recent attacks show that new intrusion attempts are likely to happen frequently.

A big question arises. After all, how can governments reverse the growing gap between security investment and effectiveness? Traditionally, cyber security has focused on intrusion prevention, defense using firewalls, port monitoring, and the like.

However, the evolving threat landscape requires a more dynamic strategy to protect data. So a new approach in this regard involves three key areas built around being safe, vigilant, and resilient. These three principles reflect the fact that defense mechanisms must evolve.

Government actions cannot rely solely on perimeter security, they must also develop robust capabilities for detection, response, recognition, recovery, and data protection.

Reliability must be maintained

Cybersecurity and Data Protection is about building a secure environment using technology to ensure trust and stability in society.

Consequently, building reliability requires activities and operations that can ensure it:

  • Reduction and prevention of threats and vulnerabilities;
  • Implementation of protection policies;
  • Incident Response;
  • Fast recovery in case of incidents;
  • Data and information assurance;
  • Enforcement of cybersecurity-related laws;
  • Intelligence operations related to cyberspace security;
  • Among other actions.

You must have an incident response plan

Organizations need to have a really clear understanding of what to do in the event of a security incident. This requires an incident response plan that is well planned and regularly tested.

However, it is worth pointing out that the threats and attacks that occur today do not follow normal detection and response standards. Traditional requirements are focused only on common threats.

For financial and government institutions, the reality shows that we have threats that have been enhanced and that pose a great risk. And to combat this scenario will require developing a solid framework to manage the risks and apply new standards to detect and respond to much more advanced threats.

This goes far beyond simply testing systems for vulnerabilities. It means, for example, understanding what data is most at risk, what types of criminals would be most interested in this type of information, what type of attacks could be used, and finally developing preventive and corrective actions to protect the data.

How to position yourself in the current Cybersecurity and Data Protection scenario

Agencies must make significant efforts to study emerging threats by looking at key risk indicators and understanding the actors, criminals, foreign countries, and hacktivists, that threaten government and financial systems.

Whether it is an internal or external threat, organizations are finding that the use of firewalls alone is not effective in anticipating the nature of threats.

The evolving action of cyber threats requires collaborative networked defense, which means sharing information about vulnerabilities, forms of attack, and solutions among the community, governments, businesses, and security vendors.

Thus, when cybersecurity and data protection are developed efficiently in each country, they encompass practically all citizens, giving everyone a sense of trust and credibility in institutions.

Now you know the problems generated by not protecting the data. Keep yourself always updated, subscribe to our newsletter and stay on top of EVAL news and technologies. Keep following our content on the blog and also on our Linkedin profile.

About Eval

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a Lei Geral de Proteção de Dados (LGPD). Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.

Categories
Data Protection

Data Leaks – 6 Simple Steps to Avoid

The data leak has been highlighted on the main websites and in the news recently. Recently, for example, we saw a major scandal involving Facebook. What struck us most about this leak was how vulnerable we are. In addition, we have seen how damaging this type of situation can be in our lives and also for companies, even those with security policies.

Unfortunately we will always have this risk, but with a few simple actions we can reduce the chances of this happening. In addition, it is possible to minimize the impact on customers when this type of incident occurs.

Awareness is the first step to reducing data leaks

First, let’s talk about awareness. After all, many companies still treat data security with restraint. This type of behavior is common when associated with the need for specialized investments. This is a strategic mistake.

Reality shows that investing in information security is essential, especially at a time when customers are increasingly connected and carrying out financial transactions online.

Before any action or investment is made, awareness is the first step to guaranteeing the security of corporate and customer data.

Therefore, it should be understood that a data leak is an incident that exposes confidential or protected information in an unauthorized way. They cause financial and image damage to companies and individuals.

In addition, data theft can involve personal information, personal identification, trade secrets or intellectual property. The most common types of information in a data leak are the following:

  • Credit card numbers;
  • Personal identifiers such as CPF and ID;
  • Corporate information;
  • Customer lists;
  • Manufacturing processes;
  • Software source code.

Cyber attacks are usually associated with advanced threats aimed at industrial espionage, business interruption and data theft.

How to avoid data breaches and theft

There is no security product or control that can prevent data breaches. This statement may seem strange to those of us who work in technology. After all, what is the point of the various hardware and software assets specific to the security area?

The best ways to prevent data breaches involve good practices and well-known security basics, see examples:

  • Continuous vulnerability and penetration testing;
  • Application of protections, which includes security processes and policies;
  • Use strong passwords;
  • Use of secure key storage hardware;
  • Use of hardware for key management and data protection;
  • Consistent application of software patches for all systems.

Although these steps help prevent intrusions, information security experts such as EVAL encourage the use of data encryption, digital certificates and authentication as part of the set of best practices.

Learn about the other 5 steps to prevent data leaks

The increase in the use of cloud applications and data storage has led to growing concern about data leakage and theft.

For this reason, the steps we are going to describe consider cloud computing as the main IT infrastructure adopted by companies to host their products, services and tools that are part of the production process.

1. Develop a data leak response plan

It may seem strange to recommend a response plan before building security policies and processes, but it will make sense. In fact, there is no right order in which to draw up the documents, not least because the construction will be done by several hands and they are all independent.

A data breach response plan consists of a set of actions designed to reduce the impact of unauthorized access to data and to mitigate the damage caused if a breach occurs.

Within the development process, there are stages which, when well defined, will serve as the basis for drawing up your security policies and processes. To give you an idea, the development of this plan brings us approaches like:

  • Business impact analysis;
  • Disaster recovery methods;
  • Identification of your organization’s confidential and critical data;
  • Defining actions for protection based on the severity of the impact of an attack;
  • Risk assessment of your IT environment and identification of vulnerable areas;
  • Analysis of current legislation on data breaches;
  • And other critical points.

We’ve mentioned a few points, but a data breach response plan addresses other areas that also serve as the basis for building security policies.

As we are considering a cloud environment, the strategy to be built into the data breach response plan must involve the cloud infrastructure provider.

It is also worth noting that many of the resources available in the cloud already have their own characteristics that help in the construction and execution of plans.

 
2. Have an information security policy that covers data protection

A security policy is generally considered a “living document”, which means that it is never finished, but is continually updated as technology requirements and company strategies change.

A company’s security policy should include a description of how the company protects its assets and data.

This document also provides a definition of how security procedures will be executed and the methods for evaluating the effectiveness of the policy and how the necessary corrections will be made.

It is worth remembering that part of the security policies is the adoption of a term of responsibility signed by employees so that they are committed to information security and the non-leakage of data.

Like the data breach response plan, the security policy is also a broad document with several points, but which have not been described in this article.

3. Make sure you have trained staff

So, as you may know, training is a crucial point in preventing data leaks. Employee training addresses safety on several levels:

  • Teach employees about situations that could lead to data leaks, such as social engineering tactics;
  • It ensures that data is encrypted as actions are carried out in accordance with security policies and plans;
  • It ensures that the processes involved are as dynamic and automatic as possible in order to achieve compliance with legislation;
  • It ensures that employees are aware of the importance of information security, reducing the risk of attacks.
4. Adopt effective data protection tools

In a cloud architecture adopted by companies, the existence and use of tools that help guarantee information security is mandatory. In addition to hardware and software assets, resources must be found:

  • Tools for monitoring and controlling access to information;
  • Tools to protect data in motion (SSL/TLS channel);
  • Tools to protect data at rest (in databases and files);
  • Tools to protect data in memory;
  • Data loss prevention tools (DLP).

In short, the approaches adopted by these tools are useful and mandatory when the aim is to block the exit of confidential information. They are key to reducing the risk of data leakage when managed through cloud infrastructure services.

5. Test your plan and policies, addressing all areas considered to be at risk

Just as the other sections described are important, the value of carrying out checks, as well as validating security policies and plans, makes this last step one of the most critical.

As a result, the company must carry out in-depth audits to ensure that all procedures work efficiently and without room for error. However, for many, the testing stage must be one of the most challenging parts. So the information security area must always seek to prevent data leaks.

On the other hand, it is very difficult to implement all the procedures described. Mainly due to the fact that we have the company’s operations running at full steam.

If not planned correctly, testing can have a major impact on the organization’s routine. However, this validation is fundamental to protecting the company from data leaks and cannot be neglected.

Finally, the steps described in the article will certainly help your company prevent security incidents. Despite their apparent complexity, it is entirely possible to adopt them and succeed in preventing data leaks.

Finally, subscribe to our newsletter and stay up to date with EVAL’s news and technologies. Keep following our content on the blog and take advantage of our Linkedin profile to stay informed.

About Eval

EVAL has been developing projects in the financial, health, education and industry segments for over 18 years. Since 2004, we have offered Authentication, Electronic and Digital Signature and Data Protection solutions. Currently, we are present in the main Brazilian banks, health institutions, schools and universities, and different industries.

With value recognized by the market, EVAL’s solutions and services meet the highest regulatory standards of public and private organizations, such as SBIS, ITI, PCI DSS, and the General Data Protection Law (LGPD). In practice, we promote information security and compliance, increase companies’ operational efficiency, and reduce costs.

Innovate now, lead always: get to know Eval’s solutions and services and take your company to the next level.

Eval, safety is value.

Categories
Data Protection

Banks 3.0: Future of branches and branches of the future

Unsurprisingly, and even before the term gained traction in the market, Digital Transformation reached financial institutions and, more specifically, banks and their financial transactions. The idea of Banks 3.0 has been consolidated for some time.

Not only because of the advance of the Internet, but also with the help of innovation and information security technologies.

Talking about the future of financial institutions and their financial transactions, especially for us in technology, makes us think about how much we have evolved in different ways.

While for the banks’ target audience we talk about Internet Banking, Mobile Banking and even BitCoin, for us experts we associate this evolutionary leap with cryptography solutions, digital signatures, data protection, Blockchain and various other security-related terms.

Undoubtedly, in the face of so many developments in digital transformation, it is worth reflecting on the future of banks, Banks 3.0.

An evolution based on innovation

Technological developments are pointing to an increasingly digital future. After all, financial transactions are being incorporated into our routines as something more simplified and transparent.

We can see this reality through payments made with mobile devices and “ wearables “.

The financial sector is one of the most advanced in IT investments, products and services linked to financial transactions. It’s no wonder that the basis of Banks 3.0 comes from technologies such as cloud computing and cyber security.

It’s worth noting that this evolution came from a paradigm shift. After all, the rise of digital banking has represented one of the biggest challenges for the financial market.

Because it has led to major changes in consumer behavior.

We can see that in the near future there will be a major conceptual change in financial institutions. Thus, in the era of Banks 3.0, they are no longer banks but financial assistants.

Everything happens online and with little interference from people or regulatory institutions, such as the Central Bank or any government body.

The foundation of Banks 3.0 will be cyber security

The big leap from traditional to digital banking is based on efficiency and trust through technology and cybersecurity and financial transactions

The digital banking experience is the essence of the Banks 3.0 concept. It will be driven by the more intuitive, intelligent and secure delivery of products and services.

But in order to consolidate this new banking concept, information security will be fundamental. CIOs who intend to offer this new experience in the near future, in addition to understanding the new business models, processes and technologies that will allow us to evolve towards the concept of Bank 3.0, must consolidate the idea that without investments in security this will not be possible.

Ultimately, Bank 3.0 needs to be agile enough from a technological, structural and cultural point of view. This way, you can constantly adapt to rapidly changing business and technological environments.

A major challenge when integrating so much technology and security, identity and compliance requirements.

 

The role of IT in consolidating Banks 3.0

Banks today are facing a major challenge. After all, they are struggling to keep up with the race for innovation, especially when it comes to customer-facing financial transaction apps developed by giants such as Amazon, Google, Facebook and Alibaba.

In this competition we have platforms that provide trust in untrusted environments. They operate as financial institutions that connect the supply and demand sides. In view of this, there are two outstanding scenarios:

  • Financial technology companies (fintech). E-commerce providers and telecom operators are cutting into banks’ traditional sources of income.

    They provide faster payments, more convenient transfers, real-time loan facilities and automated investment advice.
  • On the other hand, Banks 3.0, in order to consolidate their position as the future of the sector, have a mission to evolve and adopt the business platform model, both internally and externally, to improve efficiency, create new commercial value and, above all, increase customer confidence.

It is possible to increase this trust by increasing business transparency, gathering more information and intelligence to better understand customer behavior and desires, and focusing even more on IT management, security and identity management. Missions that Banks 3.0 will certainly have to solve.

The future of agencies and the agencies of the future

In short, a true Bank 3.0 is a bank that improves the customer experience, creates new and powerful revenue and value streams, offers services without or with reduced fees and can support multiple non-traditional business models.

Digital banks must pursue a vision and a business strategy that makes it possible to reorganize the bank’s resources, both to optimize costs and to leverage the latest technologies, so the priorities for new technologies include:

As for Information Security, there are increasing investments in:

  • Cryptographic key management.
  • Application analysis and security.
  • Data protection services. Check out 7 tips here.
  • Threat detection services.
  • Protection against DDoS attacks and malicious traffic.
  • Specialized human capital.

The way consumers are engaging with their financial institutions has changed significantly. Traditional banks are being challenged with a new distribution perspective, in line with the strong movement towards mobile and digital channels.

Finally, based on investments in new technologies, it is possible to take advantage of and mitigate the impact of implementing these major changes in the vision and strategy applied to the “bank of the future”.

In a nutshell, Bank 3.0 is about the transition from dependent banking to a dedicated online structure, which allows it to be used at times or places that are more convenient for the customer.

This is a new form of engagement and user experience that harnesses the power of the internet and all the technological advances created by the Digital Age.

Subscribe to our newsletter and stay up to date with Eval news and technologies. Keep following our content on the blog and take advantage of our Linkedin profile.

About Eval

A Eval está há mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria. Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presentes nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias. 

Com valor reconhecido pelo mercado, as soluções e serviços da Eval atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos. 

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível. 

Eval, segurança é valor. 

Categories
Data Protection

Protecting Your Company’s Data: 7 Tips to Keep It Safe

With so much important information stored in virtual environments, it is now imperative to constantly update your company’s data protection tactics using cybersecurity.

The more shielded your business becomes from hacker and malware attacks, the less likely it is to encounter problems. Some situations can cause financial losses and also a breach of trust that the customer has with the company.

Your business could even face legal action and be forced to pay compensation to the customers or suppliers involved. So it’s always best to be ready to avoid breaches.

So, check out these 7 tips for maintaining your company’s data protection.

1. keep your software up to date to ensure your company’s data is protected

Constantly updating your software can seem like a high and constant cost.

But this is actually an important investment in cybersecurity, since outdated versions can be vulnerable to the installation of malicious programs, as happened in 2016 with machines that had versions of Windows 10 and 7 installed.

2. Pay attention to email servers

To give you an idea, at the end of 2017 alone, the Scarabransomware was sent to more than 12 million email accounts. This is one of the main entry points for this type of attack.

That’s why, in addition to having extra protections set up for your email server, it’s important to always pay attention to the type of information circulating in your messages.

In short, the ideal is to transmit as little sensitive data as possible by e-mail, whether internal or external.

3. Provide data protection training

We often invest in processes and tools and forget about people. Therefore, in order to prevent e-mail attacks, it is necessary to provide adequate training for your employees and suppliers.

In this way, they are prepared to identify malicious links and improper requests to send data that could compromise everyone’s security.

In fact, training is often the cheapest and quickest investment you can make when it comes to cybersecurity.

4. Protect the entire technological infrastructure

Today it’s not just computers and servers that carry important information about your business and customers.

That’s why it’s also important to pay attention to the protection of smartphones, tablets and any other device that could open up security breaches.

 

5. To Ensure Your Company’s Data Protection, Use Encryption

Sensitive data such as credit card numbers or important documents should be treated with extra concern.

By encrypting this information, it is guaranteed that external agents will not be able to read the data, even if they have managed to get to it.

6. Install Protection Barriers and Create Strong Passwords

There is no such thing as too much protection when it comes to information security. Install antivirus, firewalls and anti-spam at all the necessary points.

Also remember to create strong passwords, which should, if possible, be changed from time to time.

7. Make Backups and Have a Recovery Plan

Even if you follow all these tips, there’s no guarantee that your company won’t suffer from data loss.

That’s why it’s important to have a DRP (Disaster Recovery Plan) in place.

This is a document that contains the procedures that should be taken if the company needs to recover from an IT-related problem.

And, of course, always make backups of your information so that it can be recovered more easily. To do this, use the 3-2-1 rule. In other words, create three backups, using two different media.

One of these three should be stored in a different location or even in the cloud.

Want to know more about cybersecurity?

Now that you’ve read some tips for increasing your company’s data protection, here are the main recommendations for cybersecurity in 2018.

About Eval

A Eval está há mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria. Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presentes nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias. 

Com valor reconhecido pelo mercado, as soluções e serviços da Eval atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos. 

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível. 

Eval, segurança é valor. 

Categories
Data Protection

Chief Data Officers: why are they vital for companies?

With the growing importance of data management, data protection and analytical competence, CEOs are trying a number of different methods to help their companies meet the challenges. This is when Chief Data Officers are making a difference.

A common approach is to add a new position, Chief Data Officer (CDO), capable of addressing data management, integration and utilization challenges.

What is and why did the position of Chief Data Officer?

You have to go back in time to understand where the need for the CDO came from. With the advent of the internet, everyone had information about everything, and information grew exponentially.

Although information offers many benefits, the right infrastructure must be built to capture data. You need to be able to access and extract data, and then convert it into information.

Thus, the Chief Data Officer was born as an attempt to create a bridge between functional leaders who need real-time information and the IT department.

In a perfect world, functional business leaders(Sales Ops, HR, marketing) would be the “owners” of their information. The CDO would investigate platforms and security, and then create an environment to allow each functional user to access the information they needed.

Chief Data Officers are most effective when there is a software system that allows the end user to perform analysis outside the system. The role is then to find the right BI platform.

This way you can transform data into information, with the aim of democratizing ‘data’.

These professionals exploit data analysis to support operational improvements for IT, marketing, risk management, compliance, production and finance, as well as digital revenue generation.

Which companies are CDOs for?

The first companies to adopt the Chief Data Officer were in the B2C segment, because of the huge amount of data they managed.

As a result, this type of role exists mainly in Fortune 1000 companies or in new companies that are more progressive. Larger institutions tend to be able to absorb the extra expense of hiring a CDO.

Considering that the Chief Data Officer is a senior executive responsible for the company’s information strategies, governance, control, policy development and effective exploitation, he or she will have great relevance within contemporary organizations.

In short, the role of the CDO will combine responsibility for information protection and privacy, information governance, data quality and data lifecycle management, along with the exploitation of data assets to create business value.

 

Is there a rivalry between CDO and CIO?

The question is very common, but rivalry should not exist, considering that they carry out different activities.

The Chief Data Officer plays the role of risk management, compliance, policy management and the business role. It thus directs the information and analysis strategy, serving a commercial purpose.

On the other hand, CIOs must manage IT resources and organizations, infrastructure, applications and the people involved in the area.

In essence, the CDO is like a “glue” between the data strategy and the metrics.

Professional in practice: success story

Mark Gambill, CMO of MicroStrategy, says that there is a B2C company in the Midwest of the United States that was struggling with how to manage data in remote locations.

They wanted to ensure that the data was available in remote locations because it gave them more control. However, the organization was faced with some significant problems:

  • Três armazéns diferentes;
  • Grupos usando diferentes ferramentas de automação;
  • Diferentes bancos de dados que abrigavam diferentes dados;
  • Direitos diferentes aos dados.

The Chief Data Officer came in and merged everything to ensure that the system was efficient. They unified the data and created the right rules and governance.

This has resulted in a more controlled environment for managing and sharing critical information such as KPIs. With this system, the CDO ensured that the right people had access to the right data on their own computers, without the need to ask the IT team to obtain the data.

About Eval

A Eval está há mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria. Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presentes nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias. 

Com valor reconhecido pelo mercado, as soluções e serviços da Eval atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos. 

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível. 

Eval, segurança é valor. 

Categories
Data Protection

Regulatory Standards Drive Data Protection

Have you ever stopped to think about how much data your company collects, stores and processes every day? Sensitive information which, if it falls into the wrong hands, can cause irreparable damage. This is where regulatory standards come into play, not just as a legal requirement, but as a catalyst for effective data protection.

The protection of personal data is a topic that is expanding into ever larger spaces. This issue is debated by legislators, members of the judiciary, specialized professionals and the sectors responsible for regulatory standards.

Regulatory standards are emerging to keep up with the ever-increasing demand for protection and privacy of our information, and it’s no wonder that companies in different sectors have to meet these requirements.

Como Padrões Regulatórios Beneficiam Empresas e Clientes

Regulatory standards

Benefícios Para a Empresa

1. Risk Reduction: Complying with regulatory standards minimizes vulnerability to data breaches and, consequently, reduces the risk of fines and lawsuits.

2. Customer trust: When customers know that your company adheres to strict data protection standards, trust and loyalty are strengthened.

3. Competitive advantage: Companies that adhere to regulatory standards often stand out in a saturated market, making them more attractive to safety-conscious consumers.

4. Market expansion: Certifications such as ISO 27001 can be a prerequisite for doing business in certain markets or industries, opening up new opportunities for growth.

Benefícios Para os Clientes
  • Segurança de Dados: Os clientes podem fazer negócios com a certeza de que suas informações estão sendo tratadas de forma segura e ética.
  • Transparência: Padrões como a LGPD exigem que as empresas sejam transparentes sobre como os dados são usados, dando aos clientes mais controle sobre suas próprias informações.
  • Qualidade de Serviço: Empresas que seguem padrões regulatórios geralmente têm melhores práticas de gestão, o que frequentemente resulta em um serviço mais eficiente e confiável.
  • Paz de Espírito: Saber que uma empresa segue padrões rigorosos de segurança da informação oferece aos clientes uma paz de espírito que não tem preço.

In practice, compliance with regulatory standards creates a win-win environment for both companies and customers.

For companies, it’s a way of mitigating risks and strengthening the brand. For customers, it’s a guarantee that their data is in safe hands.

Therefore, adhering to these standards is not just an obligation, but a smart strategy for any business that values data protection.

Key Regulatory Standards and Business Requirements

There are currently several regulatory standards/legislations around the world that require data protection. The main regulatory standards in the global industry include:

A Lei Geral de Proteção de Dados (LGPD) – O Pilar da Proteção de Dados no Brasil

A LGPD é uma legislação brasileira que estabelece diretrizes claras sobre como os dados pessoais devem ser tratados. Ignorar essas regras não resulta apenas em pesadas multas, mas também em uma perda significativa de confiança do cliente.

Ao atender aos requisitos da LGPD, sua empresa não apenas cumpre a lei, mas também adota práticas de proteção de dados que são reconhecidas globalmente.

PCI-DSS – O Guardião dos Dados de Cartão de Crédito

O Padrão de Segurança de Dados para a Indústria de Cartões de Pagamento (PCI-DSS) é um conjunto de requisitos de segurança que qualquer empresa que lida com informações de cartão de crédito deve seguir.

Ao cumprir os padrões PCI-DSS, você não apenas evita multas pesadas, mas também ganha uma vantagem competitiva, já que os consumidores tendem a confiar mais em empresas que protegem seus dados financeiros.

ISO 27001 – O Selo de Ouro em Segurança da Informação

A ISO 27001 é uma norma internacional que especifica os requisitos para um Sistema de Gestão de Segurança da Informação (SGSI). Ela é amplamente reconhecida como o padrão de ouro em segurança da informação.

Além de fornecer um framework robusto para a proteção de dados, a certificação ISO 27001 também pode abrir portas para novos negócios e parcerias, já que muitas organizações exigem essa certificação como parte de seus critérios de seleção.

These are just a few examples of regulatory standards that are increasing the quest for data protection. With corporate data assets on the rise, companies are increasingly creating strategies to preserve customer and product data.

For example, imagine if customer data was leaked to the competition. This would affect the organization and customers, resulting in financial loss, loss of trust, lawsuits, as well as various other problems.

 

What can I do to protect my data?

Jaime Muñoz, director for Latin America at Boldon James, says that it is necessary to bear in mind several factors that contribute to guaranteeing data protection.

In addition, mechanisms and processes must be put in place that can guarantee knowledge of the level of sensitivity of information, its degree of confidentiality and how it can be transmitted inside and outside the company.

“The Brazilian market has stood out in the company’s global expansion strategy, with multinational clients with a strong presence in Brazil who have managed to increase their data protection capacity in a global scenario of Big Data explosion and constant volatile threats.

Organizations are looking to protect their critical information, and one of the biggest risks is the accidental loss of data within the organization itself,” explains Munõz.

Finally, regulatory standards push companies to adopt policies to protect their customers’ data.

Data security administrators should discuss with their colleagues how to put this into practice, as it is not always trivial or even easy to implement the requirements of these standards.

Certainly, the new technologies available, processes and people are key elements in this process.

Padrões Regulatórios Como Um Investimento Estratégico

In short, regulatory standards are not just a cost of doing business; they are a strategic investment.

By adopting these standards, your company not only minimizes risks, but also gains the trust of customers and partners, which is invaluable in an increasingly competitive market.

Don’t wait until it is too late. Invest in regulatory standards and make data protection a priority now.

About Eval

A Eval está há mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria. Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presentes nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.  

Com valor reconhecido pelo mercado, as soluções e serviços da Eval atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.  

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.  

Eval, segurança é valor. 

Where We Are

Rua Paulistânia, nº 381, 2º andar,
Sumarezinho
São Paulo - SP,
ZIP CODE: 05440-000

Contact

(11) 3670 - 3825
(11) 3865 - 1124
[email protected]

Facebook Instagram Linkedin
logo-tales-azul
keyfactor-logo
logo-valid-certificadora-digital
google-safe-browsing
Privacy Policy

Copyright © 2023, EVAL TECNOLOGIA EM INFORMÁTICA. All rights reserved - CNPJ 05.278.889/0001-97