Online Banking- Is Your Personal Information at Risk?

Posted by ownCloud GmbH – 5. June 2015

ID-100260836Jack refuses to do his banking online. Living in a digital world he sure does get some odd looks to which he simply says, “Well, do YOU know who has access to your personal information? I don’t know where it will be stored and how secured it is. And I don’t want to even think about who can get their hands on it!” Today it is such a common practice for us to do our banking online for convenience sake, but how many of us really stop to think about where our personal information is being stored or how secure it is? I mean, who can really blame Jack for being so wary, especially with the growing number of data breaches that we are inundated with each day in the news.

That’s why Jefferson National, a leading innovator of tax-advantaged investing solutions, has chosen to use ownCloud to limit these potential security threats to their client information. As leaders in the financial industry they know the risks and have researched all options available to them, including cloud-based solutions, before turning to ownCloud for our on-premise solution that gives them the control they need without sacrificing ease-of-use.

Doug Burns, the Network/Security Administer for Jefferson National, has stated that “With ownCloud I don’t have to blindly trust a nebulous entity. I control how files are shared and ownCloud helps me every step of the way.” Clients of Jefferson National can now rest assured that their personal information is safe with the help of ownCloud.

ownCloud is the perfect solution for financial services and banking organizations. It combines the speed and ease-of-use found in consumer-grade file sharing applications with the security, governance and control of an on-premise solution. Unlike cloud-based services, which store sensitive data on public cloud servers outside of IT’s control, ownCloud is deployed on premise and on private cloud infrastructures.

So, how secure is your information?

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