Improve your digital trust
For financial and insurance companies, trust is fundamental. Therefore, you have secure IT systems to handle the sensitive data you receive. But for many companies, sensitive data continues to end up in unprotected inboxes, local folders and shared drives. This typically happens in your contact with customers, partners and employees via e-mail. This makes it a challenge for you to comply with privacy regulations.
Here are your sensitive data
Having worked with a number of financial and insurance companies, we know that the sensitive data you hold is typically:
- Names, addresses and contact details
- Account numbers, credit card information
- Social Security numbers, tax identification numbers, and tax returns
- Securities purchased, amounts invested, and transaction histories
- Salary information, health data, mortgage and loan contracts
Are you absolutely sure that your employees have secure practices when handling sensitive information? And can you demonstrate that you always protect sensitive information if asked by customers or authorities? Within the financial world in particular, the mistrust that results from insecure data processing can have extra large consequences. The mistakes that are often made in the financial world when processing sensitive data are that you do not know where the data is, you get it sent unencrypted by mail, and you forget to have the data deleted.
How we can help you
Our data discovery tool, DataMapper, uses artificial intelligence to find documents, emails and images with sensitive content across your data systems. You will have the opportunity to finally clean up data containing sensitive information and comply with privacy regulations. Cleaning up will be more accurate and much faster than if you had to clean up manually.
Quickly find specific finance and insurance files
Find and delete bank and payment info of customers you no longer need.
Find valuable assets for your office
Keep a record of personal data as per GDPR Article 30.
Use case
A small investment broker with 18 employees wanted to find the sensitive data they were storing, so they can start complying with data privacy regulations. The company knew they had to protect customers’ financial data, but they had no overview of how much data they actually had or where they had stored it. They received a lot of sensitive information by email – bypassing the company’s secure IT systems. The company decided to get DataMapper and within minutes they got:
A list of all customer data with sensitive information
An overview of the age, type and location of data
A quick way to delete old data
Option to control access to data
One dashboard to monitor all sensitive data
Results and savings for the company
604.800
Risk documents, emails and images found in the company’s storage.
24.192
Risk documents, emails and images found in the company’s storage.
396
Hours of work saved per year for the company.
DataMapper is part of PrivacyHub
We want GDPR compliance to be as easy as possible so you can focus on running your business. That's why we created PrivacyHub, to simplify 3 of your most important tasks.
- Tracking and monitoring sensitive data
- Responding to data access requests (DSARS)
- Sharing and requesting data safely by email
Get the whole platform now to become compliant from the moment you collect personal data to the time you delete it (or return it to its owner). Or, start with one solution to tackle your most pressing compliance task first and go from there.