Automated Data-Centric Security for Financial Institutions 

According to IBM’s 2024 Cost of Data Breach Report, the average data breach cost for financial services is $6.08 million. This figure has increased yearly as emerging cyberattacks grow in sophistication and complexity. In addition to protecting against cyberattacks, banking, insurance, and investment companies must comply with increasing data privacy, cybersecurity, and regulatory requirements. 

Download the solution brief to see how BigID helps financial organizations map to banking principles, financial services regulations, and key privacy regulations.