Financial Services

Financial services and banking companies play a critical role in the economy. They need secure, resilient solutions for storing and accessing critical data. Panzura encryption has achieved the highest level of data security certification by meeting the FIPS 140-2 standard that is accepted by military, law enforcement, and government intelligence agencies.

Finance & Banking

Secure Storage and Backup

Banks and financial institutions require the most secure repositories for storing their data. That data storage must be protected at all stages, ensuring regulatory compliance. By using Panzura, companies get the only FIPS 140-2 certified solution to protect data locally and in-transit to and from the cloud. Panzura’s cloud storage partners have received the same certification. This means data is protected to the highest level regardless of it is traveling to the cloud, in the cloud or cached locally.

Distributed File Locking

With Panzura users can collaborate together like they are all in the same office. Users can lock only the file elements they need to access. The local Panzura Freedom Filer™ appliance owns the lock for the chosen sub-file, reducing sync times and increasing productivity. This means that only one location can write to a sub-file at a time, but every team can be working on the project at once. Read more on Panzura’s Distributed File Locking.

Data Control and Oversight

The file system automatically coordinates where files get stored, what gets sent to the cloud, who has edit and access rights, what files get locally cached for improved performance, and how data, metadata, and snapshots are managed. Panzura CloudFS ensures users always have the most current version of any file no matter where they are on the network. Users can also quickly view and restore prior versions of files as needed.

Secure Erase

To be sure of the fact that important data is properly erased Panzura provides the strongest level of data destruction, equivalent to destroying the actual disks themselves. Secure Erase follows the guidelines for media sanitization as set out in the Special Publication 800-88 of the National Institute of Standards and Technology (NIST), Panzura Secure Erase is able to delete all traces of legal records stored in the cloud.

For more information, read the Panzura for Financial Services solution brief.

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