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OpenText Voltage Fusion streamlines sensitive data discovery and protection for major US bank

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Challenge: Safeguard data repository against future cyberattacks by identifying and protecting the sensitive data it holds.

Need to identify and protect sensitive data following a cyberattack

The Senior VP of Infrastructure & Information at the bank explains why cost implications are secondary to many other concerns the bank had following the attack: “Although financial loss in the form of regulatory fines for non-compliance is an issue of course, we were far more worried about the reputational damage an attack like this could cause. We ran the risk of being downgraded by our regulators and urgently needed to get full control of our data. As our data storage platform has been in use for decades, the security controls for it were unclear. Meanwhile, the data had grown to over 50 terabytes and within this we were certain there would be sensitive data that needed to be identified and protected. Through our research, we arrived at Voltage Fusion as being a potential solution for us.”

By analyzing access to data, organizations can identify risk and make accurate decisions around optimizing and securing the data. Voltage Fusion provides visibility over vast data estates and can automate many actions, including data protection, minimization, and preservation. Part of the data discovery for this organization was to identify data that needs to be compliant with the Gramm Leach Bliley Act (GLBA). Voltage Fusion contains out-of-the-box and custom grammars to determine risk scores for GLBA and other standard sensitive data specifications. Following the analysis, Voltage Fusion will provide a report outlining recommended actions for data that meets the defined grammars.

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