Managed XDR for Financial Services

Overview

Organizations today are faced with a pressing need to prioritize financial data security due to complex challenges. Strict legal and regulatory frameworks, such as GDPR, HIPAA, and SOX, require full compliance, failure of which results in severe penalties and legal consequences. Maintaining customer trust is crucial for business success, and this relies heavily on safeguarding entrusted financial data, while breaches erode this trust. Financial losses from unauthorized access, operational disruptions caused by cyberattacks, and evolving threats demand proactive measures. Organizations need a unified solution to help them to safeguard financial data while sustaining business continuity, reputation, and competitive advantage.

About our Solution

FIS’ Managed XDR for Financial Services leverages Microsoft's XDR (Extended Detection and Response) technology to enhance financial data protection. With our cybersecurity expertise, we seamlessly integrate Microsoft's XDR tools to shield vital financial information from diverse threats. Microsoft's XDR tools serve as a robust defense, aggregating security data from various sources and expediting incident responses through data collection, correlation, alert generation, and comprehensive investigation. FIS ensures that financial institutions benefit from our Managed XDR services, fortified by advanced technology and security proficiency, for safeguarding digital assets and sensitive financial data. Our solution leverages the power of Microsoft Sentinel, and Microsoft Defender for Cloud which are built on the Microsoft Azure Platform. The use of FIS' Managed XDR solution will help your organization to drive more usage across Azure workloads and achieve greater Azure consumption.

What will we deliver

Implementing FIS Managed XDR entails a comprehensive process involving the following key steps:

• Assessment and Planning: Conduct a thorough security assessment to identify vulnerabilities, risks, and readiness for XDR implementation. Prioritize assets and data for protection.
• Tool Deployment: Deploy XDR tools, including EDR, NDR, and cloud components, ensuring compatibility and scalability.
• Integration: Seamlessly integrate these tools into existing security infrastructure, establishing robust communication channels for coordinated threat responses.
• Configuration and Customization: Customize XDR settings to align with security policies. Set alert thresholds and automated response actions.
• Training: Train your security team to use and monitor XDR effectively, emphasizing incident response procedures.
• Testing: Validate XDR effectiveness through comprehensive testing, identifying areas for improvement.
• Maintenance and Updates: Regularly update and patch XDR components to stay protected against emerging threats.
• Monitoring and Optimization: Continuously monitor XDR alerts, optimizing configurations based on insights.
• Incident Response: Provide a robust incident response plan incorporating XDR capability.
• Compliance: Ensure XDR aligns with regulatory requirements and preserves documentation for audits.
• Documentation: Maintain thorough documentation for troubleshooting and knowledge transfer.

Who should be included in this engagement

The engagement is designed for decision makers such as:

• Chief Information Officer (CIO)
• Chief Information Security Officer (CISO)
• Business Stakeholders
• IT Architects
• IT Administrators

Why FIS

FIS (Fidelity National Information Services, Inc.) has extensive expertise in cybersecurity and protecting financial data due to its multi-decade long presence as a leading provider of financial technology solutions. FIS specializes in creating and maintaining secure financial infrastructures and businesses worldwide. With a dedicated focus on financial services, FIS has developed advanced cybersecurity solutions, threat intelligence, and compliance capabilities, making it a trusted partner in safeguarding sensitive financial data against evolving cyber threats and regulatory challenges. Our headquarters are in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of the Standard & Poor’s 500® Index.