Reliance Capital Case Study
Customer Company Size
Large Corporate
Region
- Asia
Country
- India
Product
- Forcepoint DLP
Tech Stack
- Data Loss Prevention
- Document Rights Management
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Customer Satisfaction
Technology Category
- Cybersecurity & Privacy - Database Security
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Regulatory Compliance Monitoring
- Cybersecurity
Services
- System Integration
About The Customer
Reliance Capital is one of India’s fastest-growing financial services companies. The company is primarily focused on mutual funds, life insurance, consumer finance and broking and distribution. Ranking amongst the top three private sector financial services and banking groups in India, the organization has over 25,000 employees and 15 million customers. As a financial organization, Reliance Capital is responsible for significant amounts of confidential customer data as well as following regulatory and corporate compliance procedures.
The Challenge
Reliance Capital, a rapidly growing financial services company in India, was facing a significant challenge in protecting the transfer of confidential customer data. With five operating businesses and a heavy flow of information, the organization realized it needed control over data moving across systems, geographies, and group companies. The potential for loss was high and it was critical that its data was secured from accidental or intentional leaks. The use of essential business tools, such as Web and email, presented a challenge to its current systems and the organization was increasingly concerned about the repercussions — both financially and in reputation — if sensitive data was leaked.
The Solution
To address the ongoing concerns it had, Reliance Capital set up a “Data Shield” project. The business looked at three key areas: data flow analysis, document rights management, and data loss prevention (DLP) implementation. Following the evaluation of several DLP options, Reliance Capital decided to implement Forcepoint DLP. Forcepoint DLP is a comprehensive data loss prevention solution that discovers, monitors and protects sensitive data. Its sophisticated fingerprinting technology identifies and creates a “digital fingerprint” for each piece of confidential data located throughout the organization, enabling the solution to monitor that data no matter how it is manipulated or where it is sent. Forcepoint scans the Internet and more than one billion pieces of content, daily, in search of threats to both the data itself and the destination where it is being sent. By understanding the business context around the data, Forcepoint DLP accurately determines if an action is a legitimate business process and applies the appropriate protection policies.
Operational Impact
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