NeoScale Helps Major Bank Meet Government Regulatory Requirements

Case Study: Leading Regional Consumer Bank, revised in 2007
NeoScale Helps Major Bank Meet Government Regulatory
Requirements "The performance of the Application NeoScale product - on both the open and mainframe systems - Secure Open System and Mainframe Tape Backup has exceeded our expectations." - IT Project Manager Overview With offices in 13 states and nearly $30 billion under management, the top 15 provider Benefits of personal trusts in the United States stores its clients' sensitive personal information on more than 200 Windows-based PC servers and two mainframe systems. As more ƒ Comply with states pass regulations governing the security, confidentiality, and integrity of customer government data privacy data, the bank has recognized its need to ensure the safety and security of personal regulations data for its thousands of customers, not only within the bank's computer systems, but also during transfer to and storage at one of the bank's third-party storage facilities. To ƒ Encrypt and secure data ensure compliance with state and federal government regulations and maintain the stored offsite for disaster security of this information at all times, the bank has deployed NeoScale's CryptoStor recovery purposes as Tape appliances to help accomplish its objectives, specifically: well as within the bank's facilities ƒ Comply with regulations by securing customer information ƒ Protect customers' ƒ Maintain all encryption keys in a single, coordinated key management sensitive and structure to restore data from any authorized location confidential data at all ƒ Create encrypted backup tapes without impacting day-to-day business times operations ƒ Reduce backup window by as much as 11 percent ƒ Prevent storage security breaches, thereby assuring the company's reputation and customer loyalty The Challenge Founded more than 100 years ago, this top 15 U.S. provider of personal trusts delivers banking, wealth management, and corporate client services to thousands of individuals and companies across the country and around the world. The bank stores confidential, personal data about each of its high net-worth clients - including contact information, Social Security numbers, credit history, and personal wealth data - within its corporate network. Comprising more than 200 Windows-based personal computers in 12 regional offices and the Delaware headquarters, the bank's network processes a significant number of client transactions everyday. Each of these transactions is then recorded in the bank's mainframe systems and stored on a backup tape for disaster recovery purposes. "Beginning in June of 2005, when one of the states in which we operate passed legislation concerning the security, confidentiality, and integrity of personal information, we had a singular focus: to ensure that no customer data could be compromised at any time," said the bank's IT project manager. "That meant securing data stored offsite for disaster recovery purposes as well as within the bank's facilities. While some of our competitors had experienced high profile security breaches that led to damaging press coverage, our senior management determined that this would never happen to us."
Copyright ©2002-2007 by NeoScale Systems, Inc. Milpitas, CA, USA. All rights reserved. 1 Case Study: Leading Regional Consumer Bank, revised in 2007
"A security breach no doubt would The Solution put our name on the front page - and cause irreparable damage to our With this mandate from senior management, the bank's IT team began a corporate reputation and customer comprehensive review of open systems encryption devices to secure the more than 6 loyalty...NeoScale adds to our peace terabytes of the bank's data backed up on tape. Based on pricing and technical of mind that we won't wake up to features, including the unique key management structure and encryption speed, it was that headline tomorrow - or anytime a straightforward decision to go with NeoScale. soon." The bank implemented two NeoScale CryptoStor Tape appliances in its Delaware - IT Project Manager headquarters. These devices encrypted data from the bank's corporate network of 200 Windows-based PCs onto six LTO2 tape devices and an ADIC i2000 tape drive. In addition, the bank had positioned a third NeoScale CryptoStor Tape appliance at its third-party tape vault vendor's location for dis... [download for more]