Financial services and insurance companies deal with massive volumes of sensitive data every single day. Customer records, transactions, compliance reports—it all needs to be stored, secured, and instantly accessible. But protecting financial data comes with serious challenges:
💥 Cyber Threats Are Escalating – 75% of organizations experienced a ransomware attack last year. Cybercriminals are targeting financial institutions more than ever.
⚖️ Strict Compliance Requirements – Banks and insurers must meet tough regulatory standards like DORA, GDPR, and PCI-DSS—and failing to do so can result in massive fines and reputational damage.
⏳ Downtime Can Be Catastrophic – If your system goes down, so does your ability to process transactions. Every second counts when it comes to keeping your business running.
☁️ The Complexity of Multi-Cloud – 92% of financial institutions use multi-cloud environments, but managing and securing data across different platforms can be overwhelming.
The bottom line? Financial organizations need more than just backups—they need a comprehensive, secure, and future-proof data strategy. That’s exactly what Veeam delivers. In this blog, we will talk about how this global leader in data backup and security, is helping banks, insurance companies, and financial firms rethink resilience.
What Is Veeam
Founded in 2006, Veeam has grown into a powerhouse in data backup, security, and recovery. It is trusted by over 20,000 financial clients, including banks, insurers, and fintech companies. According to WSJ Conferences, Veeam now serves approximately 550,000 customers worldwide, including governments and businesses of all sizes. The company’s annualized recurring revenue reached $1.7 billion by September 2024, reflecting its commitment to reliability and innovation in data protection. From big banks to emerging fintech startups, Veeam helps financial institutions protect their data, recover quickly from cyber threats, and stay compliant with evolving regulations.
What Veaam’s Financial Services & Insurance Solutions Offer
Veeam’s solutions go beyond just backups. They help financial institutions secure, optimize, and future-proof their data with cutting-edge technology:
🔒 Zero Trust Security – Assume breaches and stay secure with multi-factor authentication, encryption, and AI-driven threat detection.
📜 Compliance Made Simple – Stay ahead of GDPR, PCI-DSS, and DORA regulations while protecting sensitive customer data—even in backups.
☁️ Hybrid & Multi-Cloud Optimization – Easily move and protect data across cloud and on-premises environments, optimizing storage costs along the way.
🤖 AI-Powered Intelligence – Detect risks faster and use machine learning to improve fraud detection and risk management.
⚡ Fast Recovery from Cyberattacks – If ransomware strikes, Veeam ensures clean, rapid recovery so you can get back to business without data loss.
Why Financial Institutions Trust Veeam
With so many data protection solutions out there, why do thousands of financial organizations choose Veeam?
✅ Proven Reliability – Veeam is an industry leader, with a strong track record in financial data protection.
✅ Cost-Effective – Reduces cloud storage costs and optimizes IT spending.
✅ Future-Proof Technology – Uses AI and automation to stay ahead of threats.
✅ No Vendor Lock-In – Works seamlessly across multiple platforms, so you’re never stuck with a single provider.
✅ Unmatched Business Continuity – Guarantees high-speed data recovery to prevent costly downtime.
When financial data is compromised, it’s not just money at stake—it’s trust, reputation, and business survival. Veeam helps institutions stay ahead of threats, so they can focus on growth instead of disaster recovery.
In today’s digital world, losing data means losing business—but it doesn’t have to be that way.
Veeam’s Financial Services & Insurance Solutions provide the security, compliance, and resilience financial institutions need to thrive in a rapidly evolving landscape.
So, the question is: Are you ready to protect your data, your customers, and your future?
Let’s make resilience a reality. Talk to Veeam today. 🚀
