Challenge:
Bank of America needed to address growing cybersecurity threats and ensure compliance with evolving financial regulations. Their existing security framework struggled to adapt to emerging threats.
Solution:
CSC Banking implemented its Advanced Data Security and Compliance Framework, featuring multi-factor authentication, end-to-end encryption, and AI-driven threat detection.
Implementation:
- Conducted a full audit of Bank of America’s existing security system.
- Integrated advanced monitoring tools for real-time threat detection.
- Provided regulatory compliance updates to align with GDPR and PCI DSS.
Results:
- Reduced data breach incidents by 80%.
- Achieved 100% compliance with all major regulations.
- Enhanced customer trust, resulting in a 15% increase in digital banking adoption.
