European bank achieves proactive data security, compliance with ABAC
The primary driver for this project was to achieve compliance with a Personal Data Protection Law and to prepare for future regulatory challenges. In addition, the bank’s authorization was historically domain-specific, meaning policies were defined, governed, and implemented by the application owners only. This approach delivered adequate functionality within silos but no control and no transparency across the enterprise. The bank wanted a central and standardized solution.
The bank is among the ten largest universal banks in Europe and has expertise across a wide range of products, services, and solutions within banking, asset management, and insurance.