300 financial institutions use the Jack Henry recovery solution
Jack Henry & Associates’ ProfitStars® division announced that more than 300 banks and credit unions are using its Gladiator Centurion Enterprise-Level Recovery ™ (CELR) solution to secure backup and recovery of critical systems in the cloud.
Financial institutions increasingly rely on Jack Henry as a partner to manage the backup and recovery of their systems; The CELR saves 80% more data from financial institutions than it did 18 months ago. The strong demand comes as the CELR responds to more market needs, such as providing air-space cold storage, an environment in which data is physically and electronically disconnected from all internet networks. This helps compliance with The Ransomware Self-Assessment Tool (R-SAT), a tool to help financial institutions mitigate the risk of ransomware developed by the Bankers Electronic Crimes Task Force, state bank regulators and services. secrets of the United States.
CELR sends a backup of all critical systems (including third party data) to Jack Henry’s private cloud. All data is encrypted both in transit and at rest. In the event of a ransomware attack, disaster, or power outage, a financial institution could access its information remotely or from a Centurion recovery center. Fast data recovery helps ensure business continuity and data integrity, giving consumers better access to their finances and building confidence in the financial institution of their choice.
Annette Hord, Senior Vice President of Citizens Bank & Trust Company of Campbellsville, Ky., Said, “It has always been important to us to have Jack Henry to back up our systems in the event of a natural disaster. Today, with the additional vulnerabilities caused by ransomware attacks, knowing that our backup is in empty cold storage is vital to our continuity planning. It’s an additional layer of defense that can safeguard our data and our reputation as a trusted financial institution.
Ransomware is a major threat to businesses today. Widespread and increasing attacks threaten an institution’s finances and reputation. A backup and restore strategy like CELR is essential to a multi-layered defense. If prevention and detection fail, it mitigates disasters and can have a bank or credit union up and running within hours.
Matt Riley, President of ProfitStars, said, “Jack Henry is a trusted partner for banks and credit unions, providing them with experts who are committed to continually improving compliance and security best practices. As threats evolve, the rapid adoption of the CELR is an example of how a full-service partnership relationship can help banks and credit unions prepare for worst-case scenarios while continuing to build a bright future. for their communities.