Industry: Financial Services

Protecting the financial services industry with zero-trust privileged access management

Strengthen your financial services infrastructure and prevent unauthorized access to critical systems and data with a Privileged Access Management (PAM) solution like KeeperPAM®.

Cybercriminals are cashing in on the financial sector

30%

Of breaches in the financial sector are caused by ransomware or the use of stolen credentials

12 billion

In losses have been incurred by the financial sector over the past 20 years, due to more than 20,000 cyber attacks

65%

Of financial organizations worldwide reported experiencing a ransomware attack in 2024

The security challenges impacting the financial sector

Privilege creep

Privilege creep occurs when users quietly accumulate excessive access over time. In many firms, legacy systems, poor visibility and infrequent access reviews allow staff to retain permissions they no longer need. Over time, this creates hidden pathways for cybercriminals and makes it harder to detect malicious activity.

Lack of real-time oversight

In banks and investment firms, privileged users often access critical systems like trading platforms, financial records and customer databases. Without real-time oversight, there's no way to immediately detect if an admin alters transaction logs or misconfigures security settings. These actions may not trigger alerts and are often discovered only during audits or after a breach.

Credential theft and lateral movement

One stolen administrative credential in a financial institution can give cybercriminals trusted access to critical systems. Without controls to restrict scope, monitor activity or enforce least privilege, that single point of entry can give cybercriminals the ability to escalate their privileges and move laterally through the network.

Insider threats

Insiders with elevated access can misuse their privileges to steal data, alter transactions or bypass controls. In the financial sector, where access often extends to trading platforms, payment systems and customer records, these risks are especially serious. Without strict oversight and clear access boundaries, even trusted users can become a major security and compliance threat.

Regulatory compliance

The financial sector faces mounting pressure to meet complex regulations that require strict control over privileged access. Frameworks like SOX, GLBA and FFIEC demand clear oversight, auditability and least-privilege enforcement. Without centralized controls, even small gaps in access governance can lead to compliance failures, fines and reputational damage.

Third-party access

Banks and investment firms rely heavily on third-party vendors who often need privileged access to critical systems. If a vendor's credentials or systems are compromised, cybercriminals can bypass perimeter defenses and gain direct access to sensitive environments. Despite this risk, many institutions struggle to monitor, control and audit third-party access effectively.

See how KeeperPAM secures access to critical systems in financial services

Securing privileged access in the financial services industry with KeeperPAM

Prevent privilege creep with policy-based access enforcement

KeeperPAM equips security teams with the tools to eliminate privilege creep by enforcing Just-In-Time (JIT) access, Role-Based Access Control (RBAC) and centralized visibility. Teams can define granular access policies that automatically provision and revoke access based on user roles, departments or specific tasks. With support for automated SCIM provisioning and integration with identity providers, KeeperPAM ensures that as users change roles or leave the organization, outdated or excessive access rights are removed immediately. This enables continuous enforcement of least privilege across both modern and legacy systems and minimizes the accumulation of unchecked access over time.

Prevent privilege creep with policy-based access enforcement
Lock down privileged access on endpoints

Lock down privileged access on endpoints

Keeper's Endpoint Privilege Manager enforces least privilege on Windows, macOS and Linux devices, allowing users to perform administrative tasks only when explicitly authorized. By removing standing admin rights and preventing direct credential exposure, financial institutions can significantly reduce the risk of malware infections, insider threats and unauthorized system changes, while keeping daily operations running smoothly.

Enable real-time visibility into privileged activity

Financial institutions need to detect unauthorized or risky actions as they happen, not months later in an audit. KeeperPAM provides real-time monitoring of privileged sessions, with support for screen and keystroke recording, command-level visibility and Security Information and Event Management (SIEM) integration. Security teams can review detailed logs of who accessed what system, what actions they performed and for how long. These capabilities allow teams to spot misconfigurations, unauthorized changes to critical systems or anomalies in access patterns, especially across sensitive infrastructure like trading systems, payment gateways and customer databases.

Enable real-time visibility into privileged activity
Limit lateral movement by protecting credentials and access pathways

Limit lateral movement by protecting credentials and access pathways

KeeperPAM supports a zero-trust access model that ensures credentials are never exposed to end users and are rotated automatically after each session. By masking credentials during remote access and requiring users to initiate sessions through the Keeper Vault, organizations eliminate the risk of password theft and uncontrolled lateral movement. With network-independent access through encrypted tunnels and no need for inbound firewall rules, security teams can contain potential breaches and prevent cybercriminals from moving across the network undetected.

Protect against insider threats with auditable session control

Insider threats pose a significant risk in financial institutions due to the sensitive nature of systems and data. KeeperPAM enables teams to tightly define access boundaries through granular privilege controls, activity restrictions and real-time oversight. Teams can restrict sessions by time, system or role while blocking risky actions like downloading, printing or pasting sensitive data. Every privileged session is recorded and logged to provide clear-cut evidence of user behavior that can be used to support investigations or audits and deter misuse through accountability.

Protect against insider threats with auditable session control
Streamline regulatory compliance with built-in audit readiness

Streamline regulatory compliance with built-in audit readiness

Meeting regulatory mandates such as SOX, GLBA, FFIEC and ISO 27001 requires clear visibility, strong controls and comprehensive reporting. KeeperPAM gives compliance teams everything needed to demonstrate secure privileged access, including detailed audit logs, session recordings and automated reporting workflows. Security teams can map access events directly to compliance controls, enforce MFA across infrastructure (even when native support is absent) and generate documentation on demand. This reduces audit preparation time and helps financial institutions avoid fines or penalties tied to access governance failures.

Control third-party access without exposing internal systems

Vendors and service providers frequently need elevated access to perform maintenance or manage financial platforms, but that access must be tightly controlled. KeeperPAM allows organizations to grant temporary, role-scoped access to third parties without exposing credentials or opening inbound access. Every session is launched from the Keeper Vault, logged and recorded, and restricted by policy. Security teams can ensure vendors only access the systems they're authorized for, at the time they're needed - and nothing more. This capability helps prevent supply chain compromise while maintaining operational efficiency.

Control third-party access without exposing internal systems

What financial institutions say about Keeper

"I know we all sleep better at night knowing Keeper is protecting us."

Brian Sprang, Chief Information Officer, Quest Federal Credit Union

"Deploying Keeper was the easiest thing I've ever done. It was so great. There were no challenges at all. I could send invites, see who accepted them, and installed Keeper, and life went on."

Donn Lassila, CFIRS, Chief Compliance/AML Officer, Peak Trust Company

"The administrative controls are fantastic, allowing us to configure granular profiles for users dependent on a variety of factors."

Verified User in Financial Services, G2 Review

Secure critical systems and data across your financial institution with KeeperPAM

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