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GridGain Step Up Security Features for Financial Institutions

byEileen McNulty
June 27, 2014
in News
Home News

In Memory-Computing providers GridGain are stepping up security across their platform. New security features on their enterprise offering enable granular authorisation, security audit, and full visibility into data point access across the platform. This means GridGain is now fully SOX-compliant, and offers the kind of high-level, sophisticated security required by highly-regulated industries such as finance, healthcare and also government institutions.

Nikita Ivanov, GridGain’s CTO and Co-Founder thinks these advancements will be particularly beneficial for the finance sector. The financial services industry is unique in that it has some of the most exacting requirements for data security, while also demanding a much higher level of computing power than most sectors.Previously, these requirements had been at odds with each other — you couldn’t leverage IMC and achieve the same degree of security afforded by traditional, less performant computing methods.”

GridGain already has one of the world’s largest banks amongst its clientele of over 500 organisations. They hope the new features will mean other highly-regulated companies and industries follow suit. The new features include fine-grained authorisation for complete control over who has to access to what. It also incorporates full data auditing, allowing institutions to see who’s accessing what, and exactly when they’re accessing it.

The new features are available immediately on the GridGain In-Memory Computing Platform Enterprise Edition, which you can find out more about here.

Read more here.
(Image credit: Flickr)

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