How Samsung Knox Suite delivers best-in-class security and device management for financial services

Security and compliance are common concerns for IT leaders in the financial services industry, but in recent years, companies have faced a significant surge in cybersecurity threats, making them top priorities.

Given the rise of hybrid workplaces, mobile devices and tablets allow employees to stay connected whether they're in the office, in the field, or meeting with customers. Masu. However, financial services companies are subject to different regulatory requirements regarding data protection and security on devices. This puts additional pressure on financial companies to protect data, enforce IT policies, and protect devices from malicious actors and threats.

Still, research shows that around 25% of malware attacks target financial services companies. In 2023, 64% of IT and cybersecurity professionals in the financial industry fell victim to ransomware. With many financial employees now splitting their workdays between the office, home, and customer visits, IT leaders and their teams face increased pressure to protect their mobile devices wherever they are.

Samsung Knox is built into Samsung Galaxy mobile devices, tablets, and wearables and provides government-grade protection for business data in financial services and other regulated industries. Samsung Knox provides mobile security, unified endpoint management, and fraud and theft protection for businesses. The platform is trusted for robust, government-grade security, and its defenses start at the hardware level and continuously protect against cutting-edge security threats.

Protect, deploy, and manage your data with Samsung Knox

IT leaders can use Samsung Knox Suite to manage a variety of devices from a central location and single user interface. Powerful enterprise mobility solutions enable teams to protect, deploy, manage, and analyze data from corporate devices throughout the enterprise mobility lifecycle.

• Secure: Leverages advanced security controls to help businesses comply with stringent security requirements, providing advanced encryption technology and government-grade protection.
• Deployment: Easily enroll your company's devices with the ability to automatically and securely enroll them in your enterprise mobility management (EMM) system right away.
• Management: Easily manage your devices with remote support, intuitive onboarding, a seamless user experience, and tools that fit both the office and the field.
• Analytics: Gain remote insight into device health and data management, no matter where your employees use their devices.

Knox's unified endpoint management effectively saves your IT team time and resources. Deploy thousands of devices simultaneously, push updates, collect data analytics, and track, monitor, and support field workers in remote settings.

For mobile security, regulated industries such as healthcare are equipped with Samsung Knox Suite to remotely access electronic medical records in locations such as customers' homes using devices such as the Samsung Galaxy Tab S9+ . Samsung Knox Configure helps these organizations protect against insider threats and better manage their device fleets.

Unique benefits of Samsung Knox in financial services

Samsung Knox is perfect for financial advisors who use the Galaxy Z Fold5 to meet with clients at home, insurance claims adjusters who use the Galaxy Tab Active5 to work in the field, or bankers who use their mobile devices to conduct business. , protect an increasingly mobile financial services workforce. On the branch floor, I receive alerts on my Galaxy Watch6. Samsung has taken device protection to the next level with its latest devices, including the Galaxy S24 and Galaxy Z Fold5, with secure processors specifically designed to protect PINs, passwords, patterns, and blockchain private keys.

In addition to accessing business applications and data, finance employees want to run apps and save content for personal use while on the go and working remotely. is common. Instead of device usage policies that prevent or restrict employees from using certain apps or content, the Knox platform for enterprises isolates, encrypts, and protects business apps and data in containers from employee actions. We provide For example, by deploying a separate enterprise container, administrators can ensure that enterprise data is protected from malicious apps that are inadvertently downloaded from third-party marketplaces, reducing the risk of data leaks. can. If an employee leaves your organization, a managed work profile allows you to remotely wipe the business partition with the Wipe Her tool, leaving personal content and apps intact. Devices with corporate data can also be wiped remotely if lost or stolen.

Remote device health attestation allows you to check the integrity of devices across your fleet and detect things like rooting and device ID tampering. Advanced encryption technologies such as DualDAR, Sensitive Data Protection (SDP), and One-Click Common Criteria Mode provide additional security against threats. Your data is protected in transit with advanced network security features, including Knox VPN, an on-demand firewall, and a secure browser.

With Knox, financial services companies can:

• Protect your devices throughout the entire EMM process.
• Streamline your deployment and easily set up thousands of devices.
• Simplify device management with Samsung Knox and Android Enterprise.

The ultimate pair for productivity and protection

Samsung and Android work closely together to give businesses the most reliable and secure mobile experience possible. Since joining forces more than a decade ago, the partnership has addressed the most pressing challenges facing businesses today, including maintaining productivity, protecting the workforce, and providing flexibility.

Specifically, over the past few years, Samsung and Android have partnered to:

• Harmonize Android Enterprise and Samsung Knox Platform for Enterprise to provide a seamless experience for Android customers who want Samsung's advanced security and device management capabilities.
• Synchronize your mobile device enrollment services (Android Zero-Touch Enrollment and Knox Mobile Enrollment) to provide a variety of services to help streamline your employee onboarding experience and device redeployment.

Android's core security foundation, combined with Samsung Knox's hardware-based protection and advanced real-time protection, addresses today's most demanding security challenges, especially in industries such as financial services. A flexible platform and comprehensive set of Android Enterprise management APIs address any device use case, from lockdown to open usage. Administrators also have granular control over devices in this highly regulated industry. Samsung Knox allows IT teams to easily enroll devices, create required profiles, manage applications, and support employees through remote access sessions.

For a complete overview of all Samsung technology solutions for the financial industry, please visit: This page. You can also get special offers like volume pricing discounts when you sign up for a Samsung Business account. robust deviceas well as the latest devices such as: Galaxy S24 series and Galaxy Z Fold 5.