Control Authorized Access to Financial Data
Financial data integrity is the key to consumer confidence. Complicating things is the fact that access to financial data can be accessed externally from various points within the IT infrastructure. Therefore, achieving control of authorized access becomes an important task.
According to the Association of Certified Fraud Examiners (ACFE) 83% of internal fraud cases were committed by first time offenders, not career criminals. In its 2006 study, the ACFE stated that the banking industry is the biggest victim of internal fraud.
Benefits for YOUR IT Infrastructure using TBS Backplane Service
- Increased Control of System Administrator and Server Provider Access
- Improved Cooperation
- Concrete Visual Evidence
- VideoLog Recordings Aid Rapid Problem Resolutions
- Ensure Compliance with Company Policies
- SOX & COBIT Compliant
Our solution will prevent system administrators from accessing critical financial data. Management will grant access rights based on the role and the daily duties that the system administrator has within the financial institution. Our solution provides restrictions on when, how long and in which areas administrators can access your IT infrastructure.
TBS Backplane Service´s VideoLog technology provides proof of the steps carried out by users and the people in charge of maintaining and operating your IT network by means of digital film. Our solution provides evidence as to whether any classified accounts or statements have been viewed or files leaked from the company.
Sarbanes-Oxley Act 2002 section 404 states that ´´management are responsible for establishing and maintaining an adequate internal control structure and procedures for financial reporting´´. VideoLogs and uploaded / downloaded files are stored in a sustainable format – including the date, time and the name of the operator. This enables you to reconstruct and, even more importantly, prove who downloaded or executed which files when.
The Control Objectives for Information and related Technology (COBIT) is a framework for IT management that assists them with best practices in order to realise the benefits of Information technology and appropriate IT governance and control.
| COBIT Domain | COBIT domain issues that SSGD and TBS Backplane Service address |
| Plan and Organise | - Defining IT processes, organisations and relationships - Manage IT human resources |
| Acquire and Implement | - Maintenance of application software & technology infrastructure - Manage changes |
| Delivery and Support | - Manage data |
| Monitor and Evaluate | - Ensure regulatory compliance - Monitor and evaluate Internal control and IT processes |
Don´t Become a Statistic
“A computer systems administrator working for UBS Paine Webber was charged with using a "logic bomb" to cause more than $3 million in damage to the company's computer network. The System Administrator planted the logic bomb which deleted files in approximately 1,000 of PaineWebber's networked computers in branch offices around the country. “
Guarding Against Threats From Within. George V. Hulme. InformationWeek. December 23, 2002