Secure Printing Solutions for Banking & Finance
How can Secure Printing protect against data breaches and ensure GDPR compliance in Finance?
Banking & Finance Secure Printing Challenges
The banking and finance industry faces significant challenges in secure printing, primarily due to the severe consequences of data breaches, which can result in heavy fines and damage to reputation. With malware and corporate espionage on the rise, the risk of sensitive information being compromised through unsecured printing practices has become a critical concern. Additionally, the constantly evolving General Data Protection Regulation (GDPR) standards impose stringent requirements for handling and printing sensitive information, making compliance a moving target for financial institutions. These pain areas underscore the necessity for a robust, secure printing solution that can safeguard against unauthorized access to printed materials, ensure compliance with the latest data protection regulations, and mitigate the risks associated with cyber threats.
About CloudGate
CloudGate by Soloinsight is an advanced platform designed to enhance workplace experience through the automation of the management and security of physical and cyber identities in buildings. It is a comprehensive solution aimed at converging and orchestrating physical security, HR, Environmental Health and Safety (EHS), Facility Management (FM), IT, and cyber domains into a single, secure automated system for both Logical (Identity and Access Management - IAM) and Physical Identity and Access Management (PIAM) and governance. The platform is trusted by various prestigious organizations and integrates seamlessly with multiple Physical Access Control Systems (PACS) and cyber identity solutions to manage the identities and credentials of employees, contractors, and vendors, ensuring access approvals, security, privacy, and compliance across all locations.
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CloudGate Solution Benefits
CloudGate's Secure Printing solution offers targeted benefits to address the critical secure printing challenges within the banking and finance industry. By eliminating unattended print jobs, it ensures that sensitive financial or client information is not left exposed, requiring the print user to be physically present in front of the printer to complete the job. This approach significantly reduces the risk of confidential information falling into the wrong hands.
The solution enhances security further by integrating staff ID or mobile credentials as a means of authentication, allowing for the secure release of print jobs. The option to incorporate badge and biometric verification adds an additional layer of security through multi-factor authentication, aligning with the best practices for protecting sensitive information. This robust authentication mechanism not only keeps confidential information secure but also ensures compliance with GDPR standards, addressing the banking and finance industry's need for a secure, compliant, and efficient printing solution.
Additionally, the app facilitates cross-functionality to order various services directly, simplifying the process for tenants. Booking event spaces and amenities is seamlessly integrated into the tenant portal/app, offering convenience and encouraging the use of building facilities. It unifies building and tenant Physical Access Control Systems (PACS), which heightens security while reducing the frequency of service calls. The introduction of QR-enabled service calls for cleaning, repairs, and special requests enhances the efficiency of building management and responsiveness to tenant needs. Overall, CloudGate's app is designed to enrich the tenant experience while ensuring security and operational efficiency.