The BFSI vertical comprises commercial banks, insurance companies, mutual funds firms, cooperatives, non-banking financial companies, pension funds, and other smaller financial institutions. The sector is an early adopter of cutting-edge messaging security solutions, due to the regular transmission of highly sensitive financial data over emails. The BFSI vertical faces various challenges, such as stringent regulatory and security requirements, and superior customer service delivery. Additionally, the industry is always on the lookout for security products and services that protect the industry’s communication infrastructure and hence employees, customers, assets, offices, branches, and operations, and thus holds a significant share of the total messaging security market. Cyber-attackers always target the messaging systems in this industry with phishing and spams, which leads to data breaches. Such data breaches result in identity thefts, which hamper the reputation of the organizations and cause huge financial losses. Therefore, the BFSI vertical is expected to witness a significant growth in messaging security market.
Messaging Security Solutions in BFSI
Retarus is a leading platform providing security to email, fax, SMS, etc. business can be connected to the world without any insecurities. It can make business digital, fast, and secure. A central gateway empowers the organization to execute in a better format in the highly competitive business world. Security management is a trivial issue for various companies in recent years, but the software is tailor-made to meet the requirements of the organizations.
Google Message Security is managed by Crystal IT and is available to all Google App users. It provides advanced protection from any external threats of spams or viruses which might infect your system. There are important features like real-time monitoring, alert notifications, and message quarantining, which protect from internal risks like malicious leaks of internal confidential data. There is an expert analysis of any data that enters your network, and any suspicious activity is instantly blocked for best security.
Adaptive Mobile is the world leader in cyber telecom. It is a mobile security provider for companies and individuals. The company is engaged in offering comprehensive products to fight cyber incapability. The security features present in the products enable real-time tracking of the issues and attending the same with secure results. The security of mobile services is enhanced with such applications.
E-Lock has developed very efficient message security solutions through its modular approach. It manages all the security actions in the background without disturbing the main workflow. This solution complies with laws like HIPAA, SOX, JITC and GPEA, allowing the organization to implement its message security by controlling email policies and also remaining compliant to regulations pertaining to financial services and the public sector. All the email messages are digitally authenticated, encrypted, and zipped to keep them secure and intact.