# Protecting your Financial Information and Identity
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-09-30
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: Safeguarding Information and Identity with Microsoft
Meta Description: Discover how Atech.cloud, led by Cloud Security Engineer Yash Mudaliar, implements Microsoft security solutions to safeguard your organisation&#039;s sensitive
URL: https://financedigest.com/protecting-your-financial-information-and-identityhtml

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_By_ **_Yash Mudaliar,_** _Cloud Security Engineer at_ [_Atech.cloud_](http://www.atech.cloud/)

If anyone asks you about the two most sensitive things that you would like to protect from attackers, I am sure most of us will choose ‘Information’ and ‘Identity’. That is because these components have proven to be the most targeted by attackers worldwide. Hence it has become one of the most challenging tasks for security analysts to secure organisation’s data and accounts from cyber attacks.

In this article, we look at Microsoft security solutions designed to protect these two crucial components and how we at [_Atech.cloud_](http://www.atech.cloud/) assist in implementing those solutions for your organisation’s security.

**Information – Microsoft 365 DLP**

To comply with business standards and industry regulations, it is critical that your organisation protects sensitive [information to prevent inadvertent disclosure of financial](https://www.financedigest.com/overcoming-information-overload-in-the-financial-sector.html "OVERCOMING INFORMATION OVERLOAD IN THE FINANCIAL SECTOR") data, health records, credit card numbers, social security numbers, and employee evaluations. The methods used [for protecting business-critical information are complex and shaped by compliance and regulatory requirements as well as by business needs](https://www.financedigest.com/financial-records-retention-what-do-businesses-need-to-know.html "Financial records retention: what do businesses need to know?"). Rules are what enforce your [business requirements on your organisation’s](https://www.financedigest.com/how-giving-insights-into-card-spend-can-help-organisations-to-manage-their-business.html "How giving insights into card spend can help organisations to manage their business") content. Data Loss Prevention or DLP is a [set of rules and policies that help to regulate and protect](https://www.financedigest.com/finalised-pan-european-data-protection-laws-set-the-new-standard-for-a-privacy-friendly-business-environment.html "Finalised Pan-European data protection laws set the new standard for a ‘privacy-friendly’ business environment") the way these data are being used by the employees. Using DLP policies to identify, monitor, and automatically protect sensitive information across Microsoft [365 helps in preventing users](https://www.financedigest.com/fintechs-how-to-increase-loyalty-through-user-experience-and-fraud-prevention.html "FinTechs: How to increase loyalty through user experience and fraud prevention") from accidentally, rather than intentionally sharing sensitive content.

**How Microsoft DLP works**

A DLP policy contains one or more rules, and each rule consists of conditions and actions. You can use a rule to [meet a specific protection requirement](https://www.financedigest.com/how-automation-can-help-the-financial-sector-meet-gdpr-requirements.html "How automation can help the financial sector meet GDPR requirements"), and then use the policy to group all such rules that are needed to comply with a specific regulation. For each rule, when the conditions are met, the actions are taken automatically.

DLP detects sensitive information by using deep content analysis which uses keyword matches, dictionary matches, the evaluation of regular expressions, internal functions, and other methods to detect content that matches your DLP policies. Potentially only a small percentage of your data is considered sensitive. A DLP policy can [protect just that data](https://www.financedigest.com/4-steps-you-should-be-taking-to-protect-data.html "4 Steps You Should Be Taking To Protect Data"), without impeding or affecting people who work with the rest of your content.

**How** [**Atech.cloud**](http://www.atech.cloud/) **delivers DLP services**

We at [_Atech.cloud_](http://www.atech.cloud/) are vigilant about data security and loss prevention, and so we make sure to configure policies as accurate to the requirements as possible to lower the ‘False Positives’ and so increase the rate of detecting an insider threat quickly and efficiently. We design ‘Trainable Classifiers’ to meet the [data type requirements specific to your organisation](https://www.financedigest.com/can-financial-services-organisations-harness-data-and-bi-to-catch-up-in-the-digitalisation-race.html "Can financial services organisations harness data and BI to catch up in the digitalisation race?  ").

Our customised DLP reports provide a quick overview of all DLP events and will keep [you informed about your organisation’s data trends](https://www.financedigest.com/what-is-a-virtual-data-room-unveil-the-essential-information-here.html "What is a Virtual Data Room? Unveil the Essential Information Here!"). Not only that, with every [report our security](https://www.financedigest.com/russian-threat-to-baltic-security-rising-estonian-intelligence-report.html "Russian threat to Baltic security rising – Estonian intelligence report") experts will also provide a list of crucial recommendations to prevent data loss. This ensures a truly proactive approach while you maintain full control.

**Identity – Azure AD Identity Protection**

It is important to [protect your organisational identity](https://www.financedigest.com/protect-your-organisation-from-fraud.html "Protect your organisation from fraud"), but not always easy to determine the best way to do that. Bigger identity thefts are hitting victims with increasing regularity and hence identity protection is only going to become more essential. With employees working remotely and in the era of BYOD, it is the [need of the hour to evaluate and address identity-based risks](https://www.financedigest.com/if-the-nation-backs-fintech-we-need-to-address-a-few-things.html "If the nation backs FinTech, we need to address a few things").

Credential theft, credential stuffing, password spray (attempting common passwords against many accounts), and breach replay (attempting username/passwords from a previous breach) are prolific elements of current attacks, necessitating innovative approaches to validate user identities and [protect them from theft/tampering on the devices](https://www.financedigest.com/the-hearing-protection-devices-market-to-project-invigoration.html "The Hearing Protection Devices Market To Project Invigoration") where they are used. To mitigate these risks effectively, various identity protection tools are [provided](https://www.financedigest.com/banks-can-provide-a-protective-shield-to-defend-customers-from-cyber-attack.html "Banks can provide a protective shield to defend customers from cyber attack") through various vendors including such tools as Azure AD Identity Protection by Microsoft.

**How Azure Identity** [Protection works](https://www.financedigest.com/how-to-protect-your-employees-mental-health-while-remote-working.html "How to protect your employees’ mental health while remote working")

Identity Protection [uses learnings that Microsoft has acquired from their position in organisations with Azure AD and the consumer space with Microsoft Accounts](https://www.financedigest.com/what-can-accountants-learn-from-great-britains-olympic-team.html "What can accountants learn from Great Britain’s Olympic team?") to identify and protect them from threats.

Identity [Protection provides organisations access](https://www.financedigest.com/supporting-a-fair-and-resilient-society-by-protecting-access-to-cash.html "Supporting a fair and resilient society by protecting access to cash ") to powerful resources to see and respond quickly to these suspicious actions. Risk detections in Azure AD Identity [Protection include any identified suspicious actions related to user accounts](https://www.financedigest.com/midlands-accountants-say-its-never-too-early-to-get-financial-protection.html "MIDLANDS ACCOUNTANTS SAY IT’S NEVER TOO EARLY TO GET FINANCIAL PROTECTION") in the directory. We can configure two main categories of policies in Identity Protection:

**User** Risk Policy: A user risk represents the probability that a given identity or account is compromised.

- **Sign-In Risk Policy**: A sign-in risk represents the probability that a given [authentication](https://www.financedigest.com/fintech-at-risk-why-multi-factor-authentication-isnt-always-the-answer.html "FinTech At Risk: Why Multi-Factor Authentication Isn’t Always the Answer") request is not authorized by the identity owner.

Identity protection policies help not only in detecting and evaluating identity-based [risks but also provide a way](https://www.financedigest.com/is-regtechs-rise-one-way-tackle-the-international-regulatory-game-of-risk.html "Is Regtech’s rise one way tackle the international regulatory game of Risk?") of automating the actions to take as the first line of defence.

**How** [_Atech.cloud_](http://www.atech.cloud/) **delivers protection**

The security team at [_Atech.cloud_](http://www.atech.cloud/) emphasises identity protection at a strict scale for all our clients. We monitor and deliver weekly digests and monthly reports on the risky and malicious sign-ins detected throughout the organisation to keep our [customers aware and educated about the latest identity vulnerabilities](https://www.financedigest.com/the-fca-is-taking-immediate-action-on-customer-vulnerability-but-how-does-this-impact-advisers.html "The FCA is taking immediate action on customer vulnerability; but how does this impact advisers?"). To make things super secure and adaptive, [our security consultants keep creating and updating custom identity protection](https://www.financedigest.com/5-ways-to-protect-your-company-from-cyber-security-threats.html "5 Ways to Protect Your Company From Cyber Security Threats") policies in addition to the default ones. Additionally, [our security administrators work continuously on suppressing the ‘False Positives’ to ensure a smooth and seamless sign-in experience for the users](https://www.financedigest.com/ai-is-the-new-password-security-and-ease-for-finance-users.html "AI is the new password: security and ease for finance users ").


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