Financial information, insurance contracts and personal customer data are valuable assets that must be protected at all costs against cyber-attacks, fraud and information leakage. To guarantee this security, it is essential that companies can control who has access to data, and that they can manage encryption keys independently.
The challenges of encryption key management
Encryption key management is a key element of data security. In many cloud solutions, encryption keys are managed by the service provider, which can pose a problem of trust. Indeed, if the provider holds the keys, it could potentially gain access to the data, or be forced to deliver them to third parties in the event of a legal request.
For banks and insurance companies, as for many other sensitive sectors such as healthcare or industry, this situation is unacceptable. These companies need to be able to guarantee their customers that only authorized people within the company can access the information, and that no one else – not even the service provider – can view or modify the data.
Parsec: encryption key management under your control
With PARSEC, you have total control over the encryption keys. This means that only you have access to the encrypted data, and not even PARSEC can view this information. This approach, based on the ZeroTrust concept, guarantees total data confidentiality, enabling you to meet the most stringent information protection requirements.
Parsec lets you manage keys independently, while offering maximum protection against cyber threats. You can grant access to your employees according to their needs (read, edit, manage), and revoke access at any time, guaranteeing dynamic, secure data management.
Full compliance with current regulations
In addition to guaranteeing optimal security, PARSEC enables you to comply with the strictest data protection regulations. The RGPD, for example, requires companies to guarantee the confidentiality and security of the personal information they process. By using Parsec, you can demonstrate to your customers and regulatory authorities that you are taking all the necessary steps to protect sensitive data.
PARSEC is a CSPN-certified solution from France’s Agence nationale de la sécurité des systèmes d’information ( ANSSI ).
Conclusion: PARSEC, total protection for banks and insurance companies
For banks and insurance companies, PARSEC represents an essential solution for managing sensitive data. By giving you total control over encryption keys, Parsec ensures that only authorized persons can access information, while enabling you to meet the most stringent regulatory requirements.
