Identity Security for Financial Services

Passwordless Security that Builds Trust in Finance

As a Gold Level Partner and authorised RSA Security reseller, DTE empowers financial services institutions to modernise identity and access management – helping to prevent fraud, protect client data, and maintain compliance in a high-stakes, high-risk environment.

Whether you are adopting passwordless authentication, strengthening security with multi-factor (MFA), or safeguarding access across hybrid and remote teams, we provide the trusted technology and strategic guidance to support your goals.

Why Financial Institutions Choose DTE and RSA:

✔️ Direct RSA expertise tailored to banking and financial services
✔️ Simple, compliant procurement and deployment pathways
✔️ Scalable authentication to secure customers, employees, and third parties
✔️ Support aligned with FCA, PSD2, ISO27001, and digital transformation objectives

Protecting your People, Data and Reputation

Banks, insurers, and financial institutions rely on digital systems to deliver seamless, secure services. But as cyber threats grow in scale and sophistication, the risks to your data, operations, and reputation have never been greater.

Recent attacks across the sector have led to financial losses, regulatory scrutiny, and erosion of customer confidence. In a highly regulated environment, even short disruptions can have long-lasting consequences.

As the industry embraces digital innovation, cybersecurity must evolve in parallel. While no solution can prevent every attack, a strong, proactive security posture can help you reduce risk, stay compliant, and recover quickly – without losing the trust you’ve worked hard to build.

The Alarming Figures

58% of large financial service firms faced supply-chain attacks in 2024

Each data breach costs fincnail service organisations an estimated £5.4 million per incident

Financial forms saw a 1,318% increase in ransomware attacks in recent years

Don’t be the Next High-Profile Attack

Travelex

The Travelex attack began with cybercriminals exploiting vulnerable VPN software lacking multi-factor authentication. This allowed REvil ransomware operators to enter the network undetected, encrypt systems, and demand a $4.6 million ransom. The breach severely disrupted services for partner banks like HSBC and Barclays.

Finastra

Finastra, a core banking technology provider, was forced offline by a ransomware attack exploiting exposed file-transfer mechanisms. Although no customer data was confirmed breached, this type of compromise often hinges on stolen or brute-forced credentials, which MFA could help mitigate.

Tesco Bank

Attackers stole funds from 8,000 Tesco Bank accounts in a major cyber fraud incident. The FCA found Tesco’s fraud detection systems and controls “not fit for purpose.” While the exact entry method wasn’t public, analysts suggested lack of real-time behavioural authentication and weak two-factor systems allowed fraudulent transactions.

Recent Insights