Business Fintech News

Peak Trust Selects Keeper’s Robust Zero-Knowledge Architecture to Secure Clients’ Confidential Financial Information

Peak Trust Selects Keeper's Robust Zero-Knowledge Architecture to Secure Clients' Confidential Financial Information

Keeper’s ability to auto-generate strong and unique passwords, ease-of-use and fast integration among top reasons for the selection

Peak Trust, an independent trust company dedicated to offering personal trust administration for families and individuals, has selected Keeper Security’s best-in-class enterprise password management solution for protection against cyberthreats. Peak Trust relies on Keeper’s zero-knowledge architecture to protect employee and customer passwords and sensitive information, securely store and share files, help meet industry compliance standards, improve employee productivity and prevent data breaches.

Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers

Peak Trust routinely stores and handles the highly valuable personal and financial data of its clients. Since nearly 70% of small-to-medium-sized businesses (SMBs) in the financial industry have experienced a cyberattack, Peak Trust has a responsibility to protect the data privacy and security of the organization, its employees and its customers.

“We guard our clients’ information like it’s the gold in the ground. Protecting their privacy is our number one security priority. Ensuring that our employees’ passwords are secure is a critical piece of that,” said Donn Lassila, CFIRS, Chief Compliance/AML Officer at Peak Trust. “Before Keeper, our people were using different platforms to store passwords and we had no central way of managing credentials. The change has been night and day since we deployed Keeper, and our people now understand that password security is a critical component of our overall IT security.”

Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

Prior to implementing Keeper, Peak Trust’s password practices varied from employee to employee. Keeper’s easy implementation and user-friendly interface streamlined and centralized these processes, making for hassle-free password storage, while greatly reducing cybersecurity risks.

“We know that financial institutions and trust companies are some of the most lucrative targets for cybercriminals,” said Darren Guccione, CEO and Co-founder of Keeper Security. “We are thrilled to support partners like Peak Trust, where security and privacy are at the core of their business, with industry-leading security solutions.”

Read More: TerraPay Announces Readiness for the New World by Strengthening Management

Related posts

Mobile Banking Apps (Made For!) Millenials!

Tanika Mehrotra

Citing Growth, Azimuth GRC Announces Heads Of Legal and Compliance, Finance

Fintech News Desk

Signing a Partnership Agreement Between Enjaz Payment Services Company and Thunes

Fintech News Desk
1