To provide continuous service to their customers and minimize risk, it’s critical that financial services companies are able to deploy the latest vulnerability patches without undergoing a full system reboot – particularly in an industry that handles massive volumes of sensitive consumer data.
Risk & Compliance in Financial Services
The financial sector is one of the most highly regulated industries, as it is constantly targeted by cyberattacks and frequently impacted by sensitive data breaches.
Financial services and fintech companies must comply with a number of data privacy and financial reporting laws that are designed to prevent these types of incidents. PCI, CCPA, SOX, GLBA, and GDPR compliance all include data security requirements, with many specifically calling for security vulnerability patching to keep customer data protected.
Patching critical Linux vulnerabilities across the cloud, on-premises data centers, and third-party hosted applications is essential for financial services companies’ compliance mandates, which require all production systems exposed to consumer data to be secure.
TuxCare live patching enables these companies to automatically deploy the latest vulnerability patches without requiring a system reboot – avoiding any downtime and ensuring continuous service to banking and fintech customers.
TuxCare is the only provider that offers live patching on all critical components of Linux, for virtually all vulnerabilities, across all popular distributions. With TuxCare, financial services and fintech organizations can keep their enterprise Linux systems safe and compliant while ensuring constant uptime.
Support for Outdated Operating Systems
Many financial services applications run on PHP and Python code, and many organizations run on outdated versions of these Linux systems that no longer receive vendor-provided support. The ability to offer extended support during end-of-life (EOL) is critical, as many systems have new releases that financial services companies aren’t yet equipped to adopt.
With TuxCare Extended Lifecycle Support (ELS), financial services providers and fintech companies running on an unsupported Linux distribution can protect their servers and stay compliant while buying themselves the time they need to migrate to a vendor-supported operating system.
Waiting to apply security patches until you’re ready to restart systems and devices is leaving your organization vulnerable and putting your compliance posture at risk. TuxCare’s live patching solutions protect your Linux systems by rapidly eliminating vulnerabilities with no need to wait for maintenance windows or downtime. With TuxCare, IT teams can automate the process of taking new patches through staging, testing, and production on all popular Linux distributions.
TuxCare features flawless interoperability with vulnerability scanners, security sensors, and automation and reporting tools, as well as our ePortal management platform – a dedicated private patch server that runs inside your firewall on-premise or in the cloud.
TuxCare is the only provider that can live patch virtually all vulnerabilities in kernels, shared libraries, virtualization platforms, and open-source databases across all popular distributions.