Banking
Secure access for identities across your banking environment to keep pace with evolving customer and compliance needs.
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Password security in the finance sector
Secure customer data without slowing down your workforce
We understand the pressure and scrutiny banks face in protecting customer data while balancing secure internal access with the need for uninterrupted transactions. Our authentication solutions integrate seamlessly with banking operations to strengthen security, support service continuity, and meet increasingly complex regulatory requirements.
Banking – Challenges
Stop dangerous credential-based attacks
Customers trust banks to handle their most sensitive data and with the move to online banking that trust is key. Cybercriminals want to exploit that and will target both customers and banks to get access to that data.
Your best solution: Specops Password Policy
- Easily create compliance-ready password policies
- Scan your Active Directory for billions of compromised passwords in real-time, enforce stronger passwords, and reduce your attack surface.
Banking – Challenges
Eliminate resource-intensive password reset tickets
High-volume roles such as customer service, operations, and trading support generate frequent account lockouts. Manual password resets slow time-sensitive workflows and increase IT overhead in regulated environments.
Your best solution: Specops uReset
- Secure self-service password reset with identity verification
- Reduces help desk volume while maintaining strong identity security and auditability for regulated environments
Banking – Challenges
Onboard contractors and third parties without shared credentials
Banks regularly provision time-limited access for third-party identities like IT providers, auditors, and consultants. Shared or pre-set first-day passwords introduce audit gaps and increase insider and third-party access risk.
Your best solution: Specops uReset (First Day Password)
- New staff set their own first password via mobile code or personal email
- No risky shared credentials or IT delays holding up first shifts
Banking – Challenges
Protect sensitive systems with phishing-resistant MFA
Privileged access, remote connections, and support accounts are frequent targets for phishing, MFA fatigue, and session hijacking. These access paths require stronger authentication without adding operational friction.
Your best solution: Specops Secure Access
- Secures authentications for Windows logon, RDP and VPN
- Phishing-resistant authentication factors
Specops’ banking customers have seen 166-1159% ROI
Based on usage data from real financial services customers and estimated helpdesk costs avoided, the ROI for a typical banking customer averages 166% for Specops Password Policy and 1159% for Specops uReset. Interested to know what your savings and ROI look like? Book a call to find out.
Simplify compliance with banking regulations
Select your region to see how Specops helps you meet requirements:
GLBA, FFIEC & SOX
How Specops helps meet GLBA, FFIEC, & SOX:
- Enforces unique user authentication
- Blocks breached passwords to reduce fraud and exposure risk
- Provides audit trails for access control documentation
- Supports NIST 800-63B password guidance
FCA, PRA, NCSC CAF, UK GDPR & DORA
How Specops helps meet FCA, CAF, & DORA:
- Enforces password and MFA requirements to meet DORA evidence items
- Supports CAF outcomes for identity and access management
- Strengthens controls for privileged and administrative accounts
GDPR
How Specops helps meet GDPR:
- Show evidence of Access Controls that meet Article 32 technical measures for protecting personal data
- Reduces unauthorized access risk and enables prompt breach detection
- Supports data minimization through role-based access policies
PHIPA, PIPEDA, ETC
Other regulations Specops helps support:
- PHIPA / PIPEDA (Canada)
- Privacy Act & APPs (Australia)
- Interested in a regulation not listed here? Reach out to talk to one of our experts.
Real stories. Real results.
“Specops gives us compliance and protection — with virtually no admin overhead.”
Since implementing Specops, I get maybe one breach alert a month — if that. It’s great value: simple to set up, minimal effort, and real protection. The better our users’ passwords are, the safer their work and their personal lives.
“We had a problem with weak passwords, and the AD password policy settings didn’t allow us to block common words.”
We installed the Authentication Client on all our endpoints so that our users would get the messages should they fail to choose a strong password. The feature is very helpful, making the implementation process very smooth. We only received a couple of calls to the helpdesk with questions.
“Password health is a lot better”
Our password health profile is a lot better now, especially so since we turned on the continuous scans for Specops Breached Password Protection
Seamless integration with your banking environment
Specops solutions integrate directly with Active Directory and support hybrid environments common in financial institutions. Our tools work alongside existing identity providers and security controls to strengthen authentication without complex architecture. Want to see how Specops fits in with your unique environment?
Book a walkthrough with an expert
Frequently asked questions (FAQs)
Does Specops impact customer-facing banking systems?
No. Specops focuses on securing internal identities and access paths without affecting customer authentication flows.
Can Specops help reduce fraud risk linked to credential theft?
Yes. Blocking breached and weak passwords significantly reduces the risk of credential-based attacks that lead to fraud and account compromise.
Does Specops support regulatory audits?
Yes. Specops provides reporting and audit evidence to support authentication and access control requirements across multiple banking regulations.
Can Specops reduce help desk workload?
Yes. Specops uReset enables secure self-service password recovery, significantly reducing manual reset requests.
Discover more
Explore our comprehensive guides, webinars, and case studies focused on cybersecurity within the healthcare industry.
Banking – Challenges
Webinar
- Preventing Credential-based Cyber Attacks
Banking – Challenges