Industry · Financial Services

Protect transactions, records, and trust

Faction delivers enterprise-grade Zero Trust at a fraction of the cost of Enterprise SDN or ZTNA — protecting your vulnerable OT & IoT, data, and communications without rip-and-replace

Financial services run on trust and on data that must stay confidential and verifiable. Community banks, credit unions, and fintechs face enterprise-grade risk — often without enterprise security teams. Faction keeps the keys with the institution and removes the centralized dependencies attackers target.

Do You Know Your True Risk?

Financial institutions are a top target for fraud, ransomware, and data theft — and a growing share of breaches arrive through third parties and the supply chain. Insurers have responded by excluding nation-state cyberattacks from standard policies, leaving more risk on your books. And the FCC has determined that foreign-made routers pose an unacceptable national-security risk.

Why it matters now
$6.1M
Average cost of a financial-sector data breach — among the highest of any industry
IBM Cost of a Data Breach, 2024
Third party
A large share of breaches originate through third parties and the supply chain
Industry reporting
Uninsurable
Since 2022, major insurers have moved to exclude nation-state cyberattacks from standard policies
Lloyd's of London / market reporting
A single breach hits your institution hard

Financial loss & fraud

Direct theft and fraud, plus the cost of making customers whole.

Regulatory penalties

GLBA, PCI, and examiner findings carry real financial and operational consequences.

Customer trust

Confidence is the product — and a breach erodes it fast.

Third-party exposure

Partners, processors, and auditors are a leading path in.

Where the risk lives

Networking

  • Branch, back-office, and remote connectivity that must stay available
  • Connections to processors, partners, and auditors
  • Foreign-made routers now flagged as a national-security risk, already in branches
  • Secure access for a distributed and hybrid workforce

Devices

  • ATMs, branch hardware, and back-office servers
  • Legacy core systems that can't be patched on IT timelines
  • Everyday smart gear — printers, cameras, UPS — used as a way in
  • BYOD laptops, tablets, and phones

Data

  • Customer records and transaction data kept confidential and verifiable
  • Communications between institutions, partners, and clients
  • Data downloaded onto BYOD and contractor devices
  • Controlled, auditable sharing with processors and examiners
How Faction secures financial services
01

Virtual Private Circuit (VPC)

Take core systems, branch networks, and the devices that run them off the public internet into a circuit only your institution can see and reach — then segment and micro-segment it with Groups, so a compromise in one area can't reach another.

  • Core, branch, and remote systems on one circuit
  • No public exposure to scan or reach
  • Identity-based access between segments
  • No shared cloud control plane to compromise
02

Owner-Held Keys & Zero Knowledge

Encryption keys are created and held by the institution and never leave your devices. Faction routes traffic but has no access to the content you protect.

  • Customer and transaction data encrypted end to end
  • Keys stay with the institution, not a vendor
  • Encrypted in transit and at rest
  • Reduce dependence on third-party trust
03

Zero Trust, Identity-Based Access

Every user and device is authenticated and authorized; nothing anonymous can reach the circuit. Scope and revoke access for processors, partners, and auditors.

  • Out-of-band Zero Trust authentication
  • Time-limited, scoped third-party access with audit trails
  • Step-up to verified human identity (iValt, roadmap)
  • No anonymous movement on the network
04

Cyber-Assured Hardware — Pods & Portals

Faction's own purpose-built, Cyber-Assured networking hardware brings branch and legacy systems into the circuit with no agent — and is trusted hardware by design, a direct answer to the foreign hardware now flagged by the FCC.

  • Reach branch hardware, ATMs, and back-office gear
  • No agent, no patching of the device
  • US-made, independently source-inspected
  • A trusted alternative to flagged consumer hardware
Protects  ·  Core banking and payment systems, branch and back-office devices, customer records, and inter-institution communications
05

Encrypted Data & Ransomware-Proof Backup

The Faction Data Security Suite keeps files, email, and media encrypted under your keys — and backs them up where only you can decrypt them.

  • Keep the email and cloud tools staff already use
  • Every file encrypted under your own keys
  • Owner-keyed backup that can't be ransomed
  • Share with partners without broad exposure

Factionize your infrastructure — don't rip and replace it

What about the foreign-made routers on the FCC's Covered List in your branches, or the legacy core systems you can't simply retire? Ripping out and replacing infrastructure that runs transactions is slow, expensive, and disruptive.

Factionizing is the faster, lower-cost path. Faction services and software secure the systems you already run — and replace only what genuinely can't be secured — bringing your institution to a Zero Trust, Cyber-Assured state with minimal disruption.

  • Secure existing networking hardware in place rather than replacing it.
  • Replace only what can't be brought up to standard — with Cyber-Assured Pods & Portals.
  • No rip-and-replace project and no service interruption.
  • Reach Zero Trust on your timeline and budget.

Supports your financial compliance program

Cryptographic isolation, owner-held keys, and identity-based access map to the frameworks financial institutions answer to — reducing the centralized and third-party dependencies examiners scrutinize.

GLBA Safeguards

Customer financial information protected with owner-held keys, in transit and at rest.

PCI DSS

Cardholder data encrypted and isolated off the public internet.

FFIEC

Access control, segmentation, and audit aligned to examiner expectations.

SOX / Audit

Full, scoped logs of access to financial systems and records.

Third-Party Risk

Scope and time-limit access for processors, partners, and auditors.

FCC Router Mandate

Foreign-made routers pose clear risks and must be phased out. Factionize or drop in Pods & Portals to mitigate — without rip & replace.

Take action

Fraud, ransomware, and third-party risk keep rising while insurers pull back. Faction lets you adopt owner-controlled Zero Trust rapidly and affordably — protecting transactions, records, and the trust your institution runs on. Contact us for a consultation tailored to your compliance program.