Solutions
Stonesoft Solutions for the Finance Industry
Reduced risk of business disruption
According to the Infonetics Research study, financial vertical firms faced on the average 1180
hours downtime during 2004. The number is a bit smaller if financial respondents were not involved
in e-commerce. Downtime caused $165 million in productivity loss and $56 million revenue loss
annually.
Stonesoft products can remove 35% of downtime costs related to security products, network products and Internet service providers.
Financial institutions are typically highly distributed branch networks. Employees at financial companies are highly dependent on their network; not only does every second of downtime cost money in lost transactions, but most employees are rendered completely unproductive during downtime.
Stonesoft products have been designed for production-critical environments where downtime is not allowed. Clustering of devices, multiple simultaneous Internet service providers and patented Multi-Link Virtual Private Network (VPN) connections have been proven to work in this demanding environment. For example, software upgrades can be done without any business disruption. In the event of the total destruction of a site, the other operating sites can automatically recover lost communication links using Multi-Link features.
Reduced total cost of ownership (TCO) for financial firm's multi-site environment
Financial firms typically have a lot of branch networks and they have to be able to enforce security policy and manage security infrastructure cost-effectively. StoneGate products provide centralized management of all components. If branch office equipment loses connection with central management, due to an administrator-configuration mistake, then branch office equipment will automatically revert to a previous known good version and clear the connectivity problem.
New remote office security equipment deployments can be done without specialized IT staff on the site. Software upgrades can be done remotely and they will roll back to a previous version if something went wrong during the upgrade process. Calculating three years' running cost for a multi-site environment will show significant reduction in the total cost of ownership.
Efficient audit handling for regulatory compliance
An audit trail is a basic requirement for regulatory compliance. Stonesoft's StoneGate products provide clear audit trails for administrative actions. Internal and external auditors can receive clear and precise reports. These reports save a lot of evaluation time and can be used as part of a compliance report. Reports are based on StoneGate logs where auditors can find more detailed information about the specific event in case they want to take a closer look at details.