Endpoint Security
Endpoint Security
Closing the Gaps in Endpoint Security in Banking and Financial Services
Tensor API
Importance Of Endpoint Security For Your Financial Institution
Importance Of Endpoint Security For Your Financial Institution
Endpoint security has always been critically important in the financial services industry. It has become even more critical as the spike in remote work has created a proliferation of distributed endpoints. The result is an interwoven landscape of many types of endpoint devices, from laptops to smartphones to IoT devices. This trend, in turn, leads to opportunities for cybercriminals who focus their attacks on endpoint devices.
TensorAPI can optimize your endpoint security. Our security architecture heads off threats and protects sensitive data and transactions.
The trouble with endpoints
The State of Endpoint Security Report shows the extent of endpoint impact on security as 70 percent of enterprise breaches originate at the endpoints. Similarly, the Ponemon Institute’s “The Third Annual Study on the State of Endpoint Security” highlights some shocking statistics:
-68 percent of organizations have seen an increased frequency of cyber attacks focusing on endpoints over the previous twelve months.
-73 percent of respondents point out that new or unknown threats have increased significantly.
-51 percent concede that they are ineffective in threat detection because endpoint solutions are poor at detecting advanced cyber threats.
The types of cyber attacks that originate or utilize endpoints at some point in an attack chain are varied.
Potential consequences of lack of cybersecurity
Potential consequences of lack of cybersecurity
Disruption of Business Services
A breakdown in your ability to safely conduct transactions can be catastrophic.
Financial Losses
Cyberattacks can cause serious financial losses, due to
- loss of time
- loss of data
- data breach recovery
- software fixes
- lawsuits
- even ransom
Reallocation of Resources
You want to direct time and energy to servicing your clients and growing your business, not to worrying about security. Partnering with TensorAPI, your institution can ensure that cyberthreats don’t obstruct innovation and consume precious time and resources that could otherwise be used more productively.
Damage to Reputation
After an attack, the blame and reputational damage usually fall on the financial institution. This erodes public confidence and weakens trust with customers and prospective customers. The result can be loss of existing and prospective customers.
Regulatory Issues
Security problems can put you out of compliance with data privacy laws. There can be large consequential fines, and your organization could even be barred from doing business in a particular country.
What we do
How Can We Help You?
How Can We Help You?
Comprehensive Layered Security
Identify and prevent even never-before-seen threats with a comprehensive set of technologies.
Identify Threats Without Slowdowns
Tensor API Endpoint Security prevents and detects threats without causing slowdowns for users.
Simplified Security Management for Scalability
Easily deployed and scalable Security Solution to protect any number of endpoints.
Tensor API Blog
Recent News and Updates
Reinventing Endpoint Cybersecurity: The AI-Blockchain Synergy for Large Organizations
The integration of AI and Blockchain marks a turning point in endpoint cybersecurity for large organizations. It empowers them to defend against ever-evolving threats, respond rapidly to incidents, and establish trust in an inherently untrusting digital landscape. As cyber threats continue to grow in sophistication, embracing this powerful synergy is not just an option—it’s a necessity for safeguarding sensitive data and digital operations in the modern age. The future of endpoint security has arrived, and it’s powered by AI and secured by Blockchain.
Enhancing Bank Security in the Open Banking Era: A Deep Dive into API Security
Open Banking APIs have the potential to revolutionize the financial industry, but their success hinges on robust security measures. Banks that prioritize API security not only protect their customers and data but also foster trust in the Open Banking ecosystem. As the financial landscape continues to evolve, staying ahead of cyber threats is a fundamental responsibility for every bank embracing Open Banking. Security is not an option; it’s a necessity.
Unlocking Advanced Endpoint Security with AI
Your cybersecurity strategy deserves the best. It deserves the power of AI. At Tensor-API, we’re committed to securing your endpoints, data, and peace of mind. Together, we can face the challenges of the digital world with confidence.
Ready to elevate your endpoint security? Contact us today to learn more about how our AI-powered solutions can safeguard your organization from the ever-present threat of cyber attacks. Trust in AI. Trust in Tensor-API.
Let’s get started