|Protecting financial institutions against increasing cybercrime|
With the increasing level of computerization of the financial sector, the threat from cybercriminals is growing ever larger. Because of the confidential nature of the data they store, the greatest risk of attack is faced by financial institutions, especially banks. Losing private information would mean not only financial losses, but above all damage to an organizations image, affecting its ability to win and retain customers.
There have been media reports over recent days about the growing number of cyber-attacks on institutions in the financial sector. ATM, as a company with expertise in the secure transmission, storage and processing of data, can confirm that in the modern digital world, such dangers are very real.
In view of the risk of attacks, more and more banks, insurance firms and capital market institutions are opting to move their IT resources to specialist data centers, such as our ATMAN and Thinx Poland centers. Professional data centers provide high standards of security, enabling firms to avoid the risk of losing critical data, said Tadeusz Czichon, CEO of ATM S.A.
In light of the growing number of cyber-attacks on the financial sector, the Financial Supervisory Commission has published its Recommendation D, which sets out rules that financial institutions should follow so as to ensure the stability and security of their information technologies. In the financial environment, which is highly sensitive to leakage of data, this is an indispensable form of investment. Financial sector institutions are expected to implement the guidelines laid down in Recommendation D by the end of 2014.
Apart from the matter of ensuring information security, another factor influencing decisions to make use of data center services, which include colocation, hosting and cloud computing, is the desire to optimize the costs of maintaining IT infrastructure.
ATM S.A. is aware of the challenges faced by firms in the financial sector and by all other institutions for which IT security is a key issue, and cost optimization a priority. Thanks to the latest technologies and solutions offered by ATM, financial institutions have effective tools at their disposal to guard against threats.
Among the services introduced by ATM is an anti-DDoS system, which effectively protects a firms computer network against attacks involving the flooding of all of the available free resources of the network (Distributed Denial of Service). ATMs anti-DDoS system is a comprehensive solution which includes both a suitable network infrastructure and systems responsible for identifying and filtering out attacks. ATM also provides telecommunications links with appropriate capacity, which mean that firms using the ATMAN data centers are assured of fast, secure, high-performance data transfer.
ATM also offers a Disaster Recovery service, which guarantees the stable and uninterrupted functioning of an organization in case of malfunction. A backup data processing center is set up at a long distance from the place where the main servers are located. This need not mean any additional investment in hardware it can be achieved using a private cloud or by leasing dedicated servers. It is important that the backup data center, just like the primary center, should have redundant resources in the form of a sufficiently powerful and stable power supply and telecommunications links that ensure fast data transfer.
ATM also offers backup offices separate and suitably equipped office space which can be made available to a customer in a crisis situation, when it is not able to make use of workplaces at its permanent location. This means that key teams of the firms employees can, within a guaranteed time, begin operating and working at the backup office until such time as the problem is resolved.
ATM S.A. is a Polish public company (WSE: ATM) providing innovative ICT solutions for business since 1991. Under the brands of ATMAN and Thinx Poland the company offers telecommunications services based on its own fiber networks and three data centers in Poland, with 10,600 sq m (ca. 114,100 sq ft) of state-of-the-art colocation space. Key elements of ATMs offer include: colocation and hosting, broadband data transmission and Internet access. In particular, carriers, Internet portals, traditional media and financial institutions may be found among the receivers of ATM services.