PARSEC: The digital safe for banks and insurance companies.
Banks and insurance companies handle highly sensitive information on a daily basis, ranging from personal customer data to critical financial transactions. In an industry where data security is not only a priority, but an obligation, PARSEC is positioned as the indispensable digital safe for financial institutions.
Use cases
Protecting customer data and transactions
Internal fraud prevention
Internal fraud is a serious threat to financial institutions. PARSEC helps prevent such fraud by limiting access to sensitive data to only those employees who need it to do their job. In the event of suspicious behavior, PARSEC also enables access to be revoked instantly, and access history to be tracked to identify points of vulnerability.
Securing financial transactions
Transaction security is crucial. PARSEC can be used to encrypt communications between payment processing systems and other financial infrastructures, ensuring that transactions are protected against interception or alteration. This security is essential to maintain customer confidence and comply with international financial security standards.
Regulatory compliance
Regulations such as the RGPD, impose strict requirements on data protection and confidentiality in the financial sector. PARSEC helps banks and insurance companies comply with these regulations by offering advanced encryption solutions, rigorous access management, and traceability tools that help prove compliance during audits.
Protecting multi-cloud environments
More and more financial institutions are adopting multi-cloud strategies to improve the agility and resilience of their operations. PARSEC secures data in these complex environments by offering homogeneous encryption across all clouds used, while integrating centralized access management. This enables banks and insurance companies to benefit from the flexibility of the cloud without compromising data security.
