Financial institutions are frequent targets of cyber attacks. They have high-value assets including funds and personal and account data, yet they still rely on outdated legacy systems to run their operations, creating significant security risks that can lead to costly data breaches, operational disruptions, compliance failures, and reputational damage.
The right Exposure Assessment Platform (EAP) can provide financial services organizations a continuous, data‑driven view of risk across their IT environment and provide the intelligence to make informed decisions to better reduce risk.
Let’s dive into some of the key capabilities of the Sevco EAP for financial services.
Comprehensive & Continuous Asset Visibility
Financial institutions manage highly distributed environments — including corporate offices, branch locations, cloud services, payment processing systems, banking platforms, and more. Having a complete asset inventory is foundational to reducing risk and meeting strict regulatory examination requirements.
Steve Lodin, VP of Cybersecurity and IAM, Sallie Mae
With Sevco, you can:
- Discover and inventory all assets across on-premises data centers, cloud environments, branch offices, and remote workers.
- Automatically aggregate data from hundreds of security and IT tools into a unified, real‑time asset inventory.
- Provide a single source of truth that shows where exposures exist across devices, applications, identities, and network interfaces.
Risk‑Based Prioritization for Critical Financial Systems
Prioritize exposures based on asset criticality, data sensitivity, exploitability, and business impact. Focus remediation efforts on what matters most to your institution.
With Sevco, you can:
- Quickly and easily identify exposures and vulnerabilities and assign risk rankings with clear and definitive evidenced-based data to back up your findings.
- Highlight exposures on core banking systems, payment processing, trading platforms, and customer‑facing applications.
- Address the most consequential threats to operations ahead of less impactful issues— vital for institutions with zero tolerance for downtime.
Verified Remediation & Automation
Finding and prioritizing exposures is just one step in securing your institution. Ensuring they’re actually fixed is where many organizations fall short.
With Sevco, you can:
- Automate workflow integration with ITSM, ticketing, and orchestration systems to assign, track, and resolve exposures.
- Verify effectiveness of remediation — not just closing tickets, but confirming via telemetry that fixes are applied and controls are in place.
- Provide auditable proof that remediation has occurred, which is essential for regulators.
Regulatory Compliance & Audit Readiness
Financial services organizations are governed by rigorous frameworks like NIST 2.0, GLBA Safeguards Rule, PCI‑DSS, and state privacy laws.
Sevco enables easier demonstration of compliance, faster audit cycles, and reduced operational strain during examinations.
- Maintain continuous visibility of your entire asset inventory rather than relying on costly third parties that spend days or weeks pulling data from disparate sources.
- Cut the time needed for audits and gap analysis from weeks to hours with automated data gathering and scoping.
- Automate compliance reporting for NIST, GLBA safeguards, and PCI-DSS requirements.
Executive & Board‑Level Reporting
Risk management in financial services requires clear communication with executives and boards. Sevco provides better data for better strategic alignment and evidence to show tangible risk reduction.
With Sevco, you can:
- Deliver board-ready metrics on overall security program health, risk trends, and compliance status.
- Create custom dashboards that show progress over time and benchmarks against industry standards.
- Report across regulatory domains and business units.
In an environment where threats are sophisticated and regulators expect ongoing vigilance, the Sevco Exposure Assessment Platform can help transform your cybersecurity program from one that’s reactive to one that’s proactive and continuous.
To learn more about how Sevco helps financial institutions, contact us for a demo today.