at Financial Technnology Year
Please contact them if you have any questions.
IBM Financial Services Cybersecurity Suite from IBM
Integrated security platform designed for financial institutions including pension funds. Combines threat intelligence, fraud detection, security analytics, identity management, and regulatory compliance tools tailored to pension fund security requirements and risk management frameworks.
Product analysis by function
Cybersecurity Solutions for Risk Management
Comprehensive security systems that protect sensitive pension and member data, including intrusion detection, encryption, identity management, and security information and event management (SIEM) platforms.
More Cybersecurity Solutions
More Risk Management ...
Data Encryption and Privacy
(9 Yes /9 Known /10 Possible features)
|
End-to-End Encryption All sensitive data is encrypted during storage and transmission. |
IBM Financial Services Cybersecurity Suite offers end-to-end data encryption for sensitive financial and pension information, as stated in the product documentation. | |
|
Encryption Key Management The system securely manages, rotates, and stores encryption keys. |
Suite includes encryption key lifecycle management, rotation, and protection functions as part of its integrated identity and data protection modules. | |
|
Field-Level Data Masking Sensitive fields are masked within user interfaces and data exports. |
IBM's data masking technology masks sensitive fields in user interfaces and exports. Referenced in data privacy features on IBM’s product page. | |
|
Data Anonymization Tools Tools to anonymize data for use in analytics and testing. |
IBM provides data anonymization tools for analytics/test data as part of its data privacy toolkit. | |
|
Encryption Algorithm Strength The strength of cryptographic algorithms used (e.g., AES-256). |
No information available | |
|
Compliance Certificates Certifications (e.g., GDPR, ISO 27001) confirming privacy and data protection standards. |
IBM holds numerous compliance certifications (GDPR, ISO 27001, SOC 2, etc.), publicly listed on IBM’s compliance site. | |
|
Multi-region Data Residency Ability to store encrypted data within specific geographic jurisdictions to meet regulatory requirements. |
Multi-region data residency supported for regulatory compliance in financial services; see product capability descriptions. | |
|
Automated Encryption Updates Automated update and patching of cryptography libraries. |
Automated cryptographic library patching and updates are highlighted in IBM’s security platform documentation. | |
|
Secure Backup Encryption Backups are encrypted using the same or better standards as production data. |
Backups are protected with equal or greater encryption than production; referenced in disaster recovery documentation. | |
|
Audit Logging for Data Access Complete audit trail of any encrypted data accessed or decrypted. |
Auditable logs for encrypted data access are standard in IBM’s security suite. |
Identity and Access Management (IAM)
(9 Yes /9 Known /10 Possible features)
|
Multi-factor Authentication (MFA) Additional authentication steps beyond password entry. |
Multi-factor authentication (MFA) is available and supported; cited as a baseline for financial security. | |
|
Role-Based Access Control (RBAC) Access rights and capabilities assigned based on user roles. |
Role-Based Access Control (RBAC) is implemented as part of identity and access management features. | |
|
Single Sign-On (SSO) Users can authenticate once to access multiple systems seamlessly. |
Single Sign-On (SSO) integrations supported (SAML, OAuth, etc.), detailed in product technical specifications. | |
|
Access Policy Automation Automated enforcement of access policies based on user roles and context. |
Policy enforcement and automation supported by the suite’s IAM and security orchestration components. | |
|
Privileged Access Management Special controls for managing highly privileged accounts. |
Privileged access management and control for sensitive accounts included. | |
|
Self-service Password Reset Users can securely reset their own passwords. |
Self-service password reset included in IAM toolkits. | |
|
Identity Federation Allows integration with external identity providers (e.g., SAML, OAuth). |
Identity federation with external IDPs (SAML, OAuth, OpenID) is part of the suite’s interoperability. | |
|
Session Timeout Automatic user logoff after a period of inactivity. |
No information available | |
|
Detailed Access Logs Maintains detailed logs of user authentication and access events. |
Detailed access and authentication logs are provided and retained for investigations. | |
|
Adaptive Authentication Authentication strength varies depending on risk/context. |
Adaptive authentication (risk/contextual) supported by behavioral analytics modules. |
Network and Infrastructure Security
(9 Yes /9 Known /10 Possible features)
|
Firewall Integration Uses advanced firewalls to inspect and control incoming/outgoing traffic. |
Suite integrates with next-generation firewalls and inspects traffic; firewall integration described in security platform overview. | |
|
Intrusion Detection Systems (IDS) Automated systems to detect malicious activity on the network. |
Intrusion Detection Systems (IDS) form part of the core monitoring capabilities. | |
|
Intrusion Prevention Systems (IPS) Automated blocking and mitigation of detected attacks. |
Intrusion Prevention Systems (IPS) included, with automated response options. | |
|
Network Segmentation Separates critical systems to limit the impact of breaches. |
Network segmentation available for critical assets, referenced in system architecture documentation. | |
|
DDoS Protection Systems to defend against Distributed Denial of Service attacks. |
DDoS protection provided via IBM security services; included as a core defense mechanism. | |
|
VPN Support Encrypted tunnels for secure remote access. |
VPN support offered for secure remote access. | |
|
Patch Management Automation Automatic deployment of security updates to infrastructure. |
Patch management automation is a feature of the platform's infrastructure security tools. | |
|
Zero Trust Architecture Assumes no implicit trust within the network; authenticates all requests. |
IBM promotes a Zero Trust architecture throughout its financial services cybersecurity offerings. | |
|
Vulnerability Scanning Frequency How often vulnerability scans are performed. |
No information available | |
|
Secure Configuration Baselines Infrastructure configured to recognized security standards. |
Secure configuration baselines and best practices are enforced by default. |
Application Security
(9 Yes /9 Known /10 Possible features)
|
Secure Coding Standards Application code adheres to established secure development practices. |
Product features secure software development protocols and enforces secure coding standards. | |
|
Automated Code Scanning Automated tools scan codebases for vulnerabilities. |
Automated code scanning for vulnerabilities is built into the application security stack. | |
|
Web Application Firewalls (WAF) Prevents attacks targeting web applications. |
Web Application Firewalls (WAF) included as part of application protection. | |
|
Regular Penetration Testing Third-party or in-house simulated attacks to find vulnerabilities. |
No information available | |
|
Runtime Application Self-Protection (RASP) Applications detect and block attacks in real time. |
Runtime application self-protection (RASP) is mentioned in advanced app protection documentation. | |
|
API Security Management Controls to secure application programming interfaces. |
API security gateways and management solutions are part of the product suite. | |
|
Static Application Security Testing (SAST) Analyze source code for known vulnerabilities. |
Static Application Security Testing (SAST) available in developer tool integrations. | |
|
Dynamic Application Security Testing (DAST) Test running applications for vulnerabilities in real time. |
Dynamic Application Security Testing (DAST) supported for real time vulnerability analysis. | |
|
Open Web Application Security Project (OWASP) Compliance Application complies with OWASP Top 10 recommendations. |
OWASP Top 10 compliance referenced in secure software build guides for IBM cloud services. | |
|
Dependency Vulnerability Management Monitors and updates third-party libraries for vulnerabilities. |
Dependency vulnerability management supported via software composition analysis tools. |
Security Information and Event Management (SIEM)
(9 Yes /9 Known /10 Possible features)
|
Centralized Log Aggregation Consolidates logs from all systems for analysis and storage. |
Centralized log aggregation across the suite, integrating SIEM capabilities for analysis. | |
|
Real-Time Threat Detection System raises alerts on detection of abnormal behavior or attack patterns. |
Real-time threat detection is a centerpiece of the IBM Security suite (QRadar and similar). | |
|
Automated Response Orchestration The system can automate predefined responses to certain events. |
Automated playbooks and response orchestration available in SIEM/SOAR modules. | |
|
Correlation Rules Engine Allows custom rules for correlating events across systems. |
Correlation rules for events across platforms are supported by SIEM. | |
|
Historical Log Retention The system retains security logs for compliance and investigations. |
undefined Historical log retention configurable, included for regulatory and investigation purposes. |
|
|
Customizable Dashboards Allows tailoring of dashboards for different audiences. |
Dashboards in the suite are customizable as documented in user guides. | |
|
Forensic Investigation Tools Assists in digital forensic analyses post-incident. |
Forensic investigation tools are integrated for incident analysis. | |
|
User and Entity Behavior Analytics (UEBA) Uses machine learning to detect behavioral anomalies. |
User and Entity Behavior Analytics (UEBA) backed by machine-learning, per threat analytics product descriptions. | |
|
Incident Ticketing Integration Links SIEM alerts with incident management platforms. |
SIEM incident/ticketing system integration available via built-in connectors. | |
|
Alert Notification Latency Time from detection to notification of security personnel. |
No information available |
Risk Assessment and Compliance
(8 Yes /8 Known /10 Possible features)
|
Automated Compliance Reporting Generates and distributes reports for relevant regulations (e.g., SOC 2, GDPR, SOX). |
Automated compliance reporting is prominent in the suite’s documentation. | |
|
Continuous Risk Monitoring Ongoing evaluation of risks to pension assets and data. |
Continuous risk monitoring included, with real-time dashboards for pension fund compliance. | |
|
Policy Management Tools Enables creation, enforcement, and distribution of security policies. |
Policy management and enforcement tools referenced in regulatory controls. | |
|
Risk Scoring Engine Automatically assigns risk scores based on assets and exposures. |
Automated risk scoring engine integrated into risk assessment analytics. | |
|
Third-party Risk Assessment Evaluates security posture of all external service providers. |
Third-party risk assessment available within platform to review vendor security posture. | |
|
Automated Audit Logging Maintains audit trails meeting compliance obligations. |
Automated audit logging meeting SOC 2, ISO 27001, etc., as cited in compliance statements. | |
|
Regulatory Change Monitoring Monitors for changes in relevant security regulations. |
Platform monitors regulatory changes affecting financial services cybersecurity. | |
|
Reporting Customization Users can tailor compliance and risk reports to requirements. |
Reporting is highly customizable for any regulatory, internal, or operational need. | |
|
Data Retention Period Control Ability to define and enforce data retention policies. |
. | No information available |
|
Automated Remediation Tracking Tracks progress and closure of audit and risk remediation tasks. |
. | No information available |
User Education and Awareness
(0 Yes /0 Known /10 Possible features)
|
Integrated Security Awareness Training Provides regular training for users on security best practices. |
. | No information available |
|
Phishing Simulation Tools Periodically tests users' readiness for phishing attacks. |
. | No information available |
|
Policy Acknowledgement Tracking Tracks user acknowledgment of security policies. |
. | No information available |
|
Compliance Test Results Dashboards Aggregates user compliance training results. |
. | No information available |
|
Refresher Training Frequency How often security training updates are required. |
. | No information available |
|
Security Bulletin Distribution Regular updates on new threats and incidents shared with users. |
. | No information available |
|
Mandatory Onboarding Training Security training required before system access. |
. | No information available |
|
Interactive Learning Modules Engaging, scenario-based training rather than static documents. |
. | No information available |
|
Breach Simulation Participation Rate Percent of users participating in breach simulation exercises. |
. | No information available |
|
Customizable Training Content Organizations can tailor security awareness content. |
. | No information available |
Incident Response Management
(0 Yes /0 Known /10 Possible features)
|
Automated Incident Playbooks Predefined workflows to respond to specific incident types. |
. | No information available |
|
Forensic Data Collection Automation Automatically gathers relevant data during a security event. |
. | No information available |
|
Crisis Communication Tools Facilitates rapid, secure communication during incidents. |
. | No information available |
|
Post-incident Analysis Reports Automatically compiles reports after incidents to support root-cause analysis. |
. | No information available |
|
Response Time SLAs Guaranteed maximum time to initiate a response after detection. |
. | No information available |
|
Automated Containment Actions Capabilities to automatically isolate affected systems. |
. | No information available |
|
Internal and External Notification Automation Notifies all stakeholders, including regulators, as required. |
. | No information available |
|
Tabletop Exercise Tools Supports running mock incidents to train the response team. |
. | No information available |
|
Third-party Forensics Integration Integrates with external digital forensics services. |
. | No information available |
|
After-action Remediation Tracking Creates trackable tasks following incident post-mortems. |
. | No information available |
Fraud Detection and Prevention
(0 Yes /0 Known /10 Possible features)
|
Behavioral Analytics for Fraud Detection Monitors user and transaction behaviors for suspicious patterns. |
. | No information available |
|
Real-Time Transaction Monitoring Analyzes pension transactions for signs of fraud as they occur. |
. | No information available |
|
Machine Learning Model Accuracy Accuracy of machine learning models for detecting fraud. |
. | No information available |
|
Rule-based Anomaly Detection Administrator-defined business rules to flag abnormal activity. |
. | No information available |
|
Blacklists and Whitelists Lists maintained to block or allow specific users or accounts. |
. | No information available |
|
High-risk Transaction Notification Speed Time for the system to alert on high-risk actions. |
. | No information available |
|
Automated Account Freezing The system can automatically freeze accounts suspected of fraud. |
. | No information available |
|
Integration with Watchlists Links with internal/external fraud and sanctions lists. |
. | No information available |
|
Fraud Investigation Workflows Automated workflows to triage and resolve potential fraud cases. |
. | No information available |
|
False Positive Rate Percentage of legitimate transactions incorrectly flagged. |
. | No information available |
Business Continuity and Disaster Recovery
(0 Yes /0 Known /10 Possible features)
|
Automated Data Backups Regular backups of key data and system configurations. |
. | No information available |
|
Backup Frequency How often data backups are taken. |
. | No information available |
|
Recovery Point Objective (RPO) Maximum age of files that must be recovered after an outage. |
. | No information available |
|
Recovery Time Objective (RTO) Maximum allowable downtime after a disruption. |
. | No information available |
|
Geographically Redundant Infrastructure Replication of data across multiple regions to prevent data loss. |
. | No information available |
|
Automated Failover Automatic system switch to backup infrastructure upon failure. |
. | No information available |
|
Disaster Recovery Testing Frequency Number of times per year recovery plans are tested. |
. | No information available |
|
Hot/Cold/ Warm Standby Systems Type of backup environments maintained for quick restoration. |
. | No information available |
|
Business Continuity Plan Documentation Comprehensive, up-to-date plan documentation. |
. | No information available |
|
User Notification During Outages Automatic updates sent to users about system status during incidents. |
. | No information available |
System Integration and Interoperability
(0 Yes /0 Known /10 Possible features)
|
Open API Availability Public APIs documented for integration with other systems. |
. | No information available |
|
Standards-based Data Exchange Supports industry-standard data formats and protocols. |
. | No information available |
|
Custom Integration Toolkit Provides libraries and tools for custom integrations. |
. | No information available |
|
Cloud Service Integration Integrates easily with cloud providers and SaaS tools. |
. | No information available |
|
On-premises Integration Support Flexible integration with non-cloud systems. |
. | No information available |
|
SIEM/SoC Integration Easily connects to Security Operations Centers or SIEM platforms. |
. | No information available |
|
Batch Data Import/Export Capability to import/export large data sets between systems. |
. | No information available |
|
Prebuilt Connectors Ready-made integrations for commonly used pension fund management tools. |
. | No information available |
|
Integration Testing Suite Automated tools to test integrations before deployment. |
. | No information available |
|
Interoperability Certification Certifications for smooth integration with market-standard platforms. |
. | No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.