Industry Solutions:

Financial Industry




Financial institutions are seeing a surge in attacks that could put any of them at risk for a security breach. The financial sector is one of the most frequently targeted industries in the world, resulting in massive liabilities for organizations because their customers are exposed to identity theft and fraud. No financial institution can afford to be complacent because any organization can be the victim of a security breach. Security is too important not to be given due consideration, and the threats against the financial sector look like they will only continue to escalate.

Common Challenges

Understanding what data is stored and how vulnerable it is
Protecting highly distributed IT infrastructure
Achieving compliance with SOX, GLBA, GDPR and other legal standards
Maintaining client confidentiality
Meeting the data security and policy requirements of clients
Overcoming a lack of in-house security skills and resources

The Gramm-Leach-Bliley Act (GLBA) requires financial institutions to implement a comprehensive network security program that protects the privacy of customer records. These standards are mandatory requirements, with specific information security guidelines and checklists made available to provide guidance on compliance. Institutions must employ an integrated security strategy that establishes perimeter (firewall) security and security inside the network, adopting a proactive network security risk management capability. Security detection tools (Intrusion Detection Systems) are to be considered in cases where a high degree of GLBA data exists.


The Sarbanes-Oxley Act (SOX), a federal law enacted in 2002, was “An Act to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes”. All organizations, large and small, must comply. Yet SOX’s computer security requirements remain vague, and auditors’ evaluations continue to be subjective. SOX makes monitoring of financial institution’s ‘internal controls’ the personal responsibility of the CEO and CFO. What constitutes ‘internal controls’ is not exactly specified, but what is clear is that the corporate officers are being held personally liable for compliance.To pass a SOX audit, your company must implement security best practices for any system that touches anything and everything related to financial reporting and accounting systems. This monitoring must also be reviewed by an outside firm.

SEC Rule 17a-4 has been regulating the data retention practices of financial firms since the Securities Exchange Act of 1934. This long history along with the SEC’s amendments and clarifications on electronic storage have made 17a-4 one of the clearest regulations from an IT implementation perspective. While the requirements are relatively clear, meeting them while dealing with rapidly growing email stores, make complying with 17a-4 a daunting challenge. From a legal perspective, litigation is fought on the basis of the documentary record, and the litigant best able to recreate it at the lowest cost carries a valuable advantage into any dispute. CLEARNETWORK’s cloud-based email storage was offered with this in mind.


Clearnetwork’s USM platform provides a unified approach to threat detection and compliance management that provides complete IT security visibility. USM is an all-in-one security management platform that includes five essential security capabilities all centrally managed through a single pane of glass:

Asset Discovery

Vulnerability Assessment

Intrusion Detection

Behavioral Analysis

SIEM/Log Management


We are a managed service that allows your firm to concentrate on value-added functions and business processes rather than performing labor-intensive security tasks. Our customers experience peace of mind knowing their data is safe and that their networks, cloud environments, and endpoints are being monitored.

Experienced Team

Our analysts have experience monitoring networks like yours and understand the unique security needs of the financial services industry.

Rapid Deployment

It’s quick and easy to get started. Customers typically set up USM in under an hour and one of our experts will be there to help you every step of the way.

Unrivaled Support

Don’t spend hours waiting for a response to your ticket. Our support team will get back to you in minutes and work with you for as long as you need us. 


Understanding that the regulatory environment is both intimidating and ever-changing, we have made compliance management a focus of our service. Trying to gather the data you need for an audit when managing a handful of point solutions is a challenge. Our system collects, aggregates, and correlates all log data from your cloud and on-prem devices, apps, and systems. For specific endpoints, our lightweight agent can give you greater visibility. We can also collect logs from your existing security components.


Our library of pre-built reports will accelerate your audit preparation. You can also create, save, and export customized reports and data views.

Log Storage

All logs are stored in the cloud for up to a year. All events remain searchable for 90 days. This storage is secure and compliant with regulatory standards. 

Up-to-date Threat Intelligence

Many regulatory standards mandate that your compliance management is current with the latest threats. We are constantly looking for new threats and receive intelligence from the largest open source threat exchange.