CCR Magazine

You are here  :Home arrow News arrow Varonis gives Rabobank full control over data access, enables regulatory compliance
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Varonis gives Rabobank full control over data access, enables regulatory compliance PDF Print E-mail
Thursday, 12 November 2015

Varonis Systems, Inc the leading provider of software solutions for unstructured, human-generated enterprise data, today detailed how its DatAdvantage for Windows and DatAdvantage for SharePoint solutions help Rabobank, a Dutch multinational banking and financial services company headquartered in Utrecht, the Netherlands, control its data access and permissions and enable regulatory compliance.


Full Visibility into Data Ownership, Full Control over Permissions Management: With so much unstructured data, including application data and departmental information, Rabobank needs to know that this data is only accessible by the people who should have access, and that data owners are formally assigned. Varonis DatAdvantage for Windows and DatAdvantage for SharePoint ensure that only the right people have access to the right data at all times, all access is monitored, and abuse is flagged.

"With all kinds of sensitive, unstructured data mixed up in one location, we needed to determine who initiated this data, who was responsible for this data, who was using it, and which user should and shouldn’t have access," said Sebastiaan van Putten, technical engineer, Rabobank. "Varonis DatAdvantage provides us with actionable intelligence on which excess file permissions and group memberships can be safely removed without affecting business processes.”

Reduce Risk and Full Compliance with a Least-Privilege Access Model: Without a logical or optimal permission structure in place, it was nearly impossible to identify who was working with the data and to which department it belonged. With DatAdvantage, it’s easy for Rabobank to see who’s doing what because the solution tracks and monitors file activity, analyses user behaviour, reports on all activity happening on file servers, and makes permissions management straightforward.

According to van Putten, “Varonis DatAdvantage has greatly helped us identify owners of unstructured data because of its bi-directional view on permissions − all necessary information like groups, users, and folders are available. DatAdvantage presents this data in a useful way so that we can easily share the results with the business and determine the best way to organise and control our unstructured data.”

Enable Regulatory Compliance: Rabobank needed to prove it could control access to corporate and customer data as part of the financial industry’s many regulatory requirements. Also, with a presence in over 70 countries, Rabobank required a solution that would be capable of managing data access and control across a global organisation. With DatAdvantage, Rabobank can intelligently identify and govern who owns and can access which data, and receive alerts and reports that satisfy all regional compliance regulations.

“DatAdvantage also automatically generates regulatory driven reports, which are required on a monthly basis as part of the financial industry in which we operate,” concluded van Putten.
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197