Banking & Finance
Link11
Banking & Finance
Banking and finance services are not only critical to everyday life. They are also extremely
sensitive to negative influences from outside, because disruptions within these sectors are directly noticeable to everyone.
Link11 offers sophisticated and proven security technologies to reliably protect the banking and financial services sector
around the clock, at every level.
Cyber resilience is a must
The banking & finance sector is
increasingly being targeted
by cyber criminals
Thanks to the widespread availability of online banking and online stock trading, the financial services sector has assumed an even more critical role. People are used to accessing their finances anytime and anywhere and conducting important transactions whenever they want. However, online financial services are also an attractive target for cyber criminals who, for example with DDoS attacks, have the ability to make entire banking portals inaccessible for a significant period of time. This leads to a significant damage for financial institutions and customers. Link11’s DDoS Protection exists specifially to prevent such incidents and safeguard online business.
The banking and finance services sector is regarded by the German federal government as critical infrastructure (= KRITIS), as a prolonged failure of these services could lead to a potential supply crisis within the country.
For this reason, the so-called IT Security Act applies here, provides for certain standards in the area of cyber security. Among other things, the law stipulates that the protection technology used must be state-of-the-art and that any data protection guidelines of the Federal Republic of Germany and the EU must be strictly adhered to. Of course, Link11’s patented protection solutions cover every requirement stipulated in the legislation.
Regulatory requirement: How you benefit with our solution
The Minimum Requirements for Risk Management (MaRisk) of the German Federal Financial Supervisory Authority (BaFin), as well as the clarifications through Bank Supervisory Requirements for IT (BAIT) and Payment Services Supervisory Requirements for IT (ZAIT) represent a major hurdle for financial companies. This is especially true when it comes to outsourcing IT processes and services. However, Link11 can help you overcome these hurdles with ease.
1
ISO 27001 certification
Link11 is ISO 27001 certified and has an absolute focus on responsible handling of data and information of any kind. For you, this means that you can rely on our confidentiality and integrity at all times. Your data is in safe hands with us.
2
PCI-DSS certification
Payment card data is extremely sensitive information that requires special protection. With PCI-DSS certification, we ensure special protection of this data at all levels. You therefore do not have to worry about customer data falling into the possession of third parties and being misused for the wrong purposes.
3
BSI qualified DDoS protection provider
The German Federal Office for Information Technology (BSI) checks DDoS protection providers down to the smallest detail to see whether they can ensure the necessary aspects for optimal protection of critical infrastructure. DDoS providers are only certified if they meet all of the BSI’s high quality standards.
4
Framework agreement according to MaRisk AT9
Companies in the financial industry are subject to strict requirements when it comes to IT outsourcing. For this reason, BaFin’s minimum requirements for Risk Management (MaRisk) exist to ensure that certain precautions are taken to minimize risk when outsourcing. Link11 meets the set requirements according to MaRisk AT9.
5
Compliance with the auditing standard IDW PS 951
Audits in accordance with the auditing standard IDW PS 951 ensure that the internal control system of the selected service provider covers the adequacy, implementation and effectiveness for a defined period of time. If an audit with these standards is requested by you, we will of course be happy to fulfill all of the required audit points.
The digital trend creates additional dangers for the banking & finance sector
Challenges
Digital transformation is in full swing in the banking sector
The business model of banking is changing (from direct customer contact to digital customer relationships)
Banking is going online: 24/7, worldwide
High dependency on online service availability and stability
“Critical infrastructure” with mandatory IT security requirements
Risks
Cyberattacks can disrupt online businesses
The financial sector is one of the most frequently attacked industries
Prolonged downtime leads to consumer fears that their money is no longer safe or even available
Risk potential even higher than a financial crisis (The World Economic Forum Davos)
Evolution from human vs. human to machine vs. machine
What can you expect from Link11?
With the Link11 hosting solution, DDoS protection is not only guaranteed 24/7 thanks to intelligent AI,
but we can also tailor our service packages to the exact needs of our customers.
1
Patented DDoS Protection
Link11’s AI-based and automated DDoS Protection is patented and has proven to be highly effective in a wide range of cases. Our triple SLAs guarantee real-time responses for all vectors and our protection solution acts within 0-10 seconds in the event of a DDoS attack. In addition, protection bandwidths of up to 1000 Gbps and a service uptime of 99.99 percent are guaranteed.
2
Broad protection
With Link11, you can either protect your infrastructure, put a security bar in front of your web applications, or combine both to make the protection for your entire online presence as impenetrable as possible. You can also add our other services, such as Bot Management, Zero Touch WAF, Secure DNS or Secure CDN.
3
Maximum data-protection compliance
We guarantee strict compliance with EU data protection regulations. For example, IP addresses never leave our additionally secured scrubbing locations and always stay exactly where they should. We promise maximum transparency and that you’ll always feel secure in the knowledge that you’re always legally safe.
4
Smarter, Faster, Safer
These three terms are the credo for all the services we offer. First and foremost, we offer smart technology that’s constantly evolving on its own and works entirely without human assistance. In addition, our protection measures work quickly and directly, so we can respond to threats without delay. Last but not least, all our implemented systems are secure, especially when it comes to data protection.
Curious to learn more about our banking & finance solution?
If you have any questions about our services,
we’ll be happy to answer them
at any time.
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