Broadwing Capital Acquires CloudScale365... 
Access the Customer Support Portal 
Despite heavy investment in security and compliance, U.S. financial service providers continue to face persistent data privacy challenges. Regulatory pressure, rapid cloud adoption, third-party integrations, and increasingly sophisticated threat actors have made protecting sensitive financial data more complex than ever.
Below, we list the five most critical data privacy challenges facing financial institutions today and how an experienced Managed Service Provider (MSP) can help address each effectively. Our customers raised these challenges, and we have a solution for each.
Navigating Complex Regulatory and Compliance Requirements
The Challenge
Financial service providers must comply with multiple overlapping regulations such as GLBA, PCI DSS, SOX, and state-level privacy laws. These frameworks impose strict requirements around data handling, access controls, auditability, breach notification, and documentation. Regulations also evolve frequently, making compliance a moving target.
Internal teams often struggle to interpret requirements, implement technical controls consistently, and maintain ongoing evidence for audits.
How CloudScale365 Helps
MSPs specializing in financial IT bring regulatory expertise and structured compliance frameworks tailored to the industry. MSPs help by:
- Mapping regulatory requirements to technical controls
- Implementing policy-driven security configurations
- Automating compliance reporting and audit evidence collection
- Monitoring environments continuously to maintain compliance
Learn how you can reduce compliance risk while minimizing the operational burden on internal teams with CloudScale365 Co-Managed IT solutions.
Data Sprawl and Limited Visibility Into Sensitive Information
The Challenge
No longer confined to a single system, financial data spans cloud platforms, legacy systems, user devices, email, file shares, and third-party applications. Without complete visibility, organizations cannot effectively protect or govern sensitive data.
This data sprawl increases the risk of unauthorized access, accidental exposure, and regulatory violations.
How CloudScale365 Helps
An MSP implements data discovery and classification solutions to identify where sensitive data resides and how it is used. Key capabilities include:
- Automated data classification and labeling
- Data Loss Prevention (DLP) policies across email, endpoints, and cloud apps
- Centralized visibility into data movement and access
With improved visibility, financial organizations can enforce consistent data protection controls across their entire environment.
Identity and Access Management Gaps
The Challenge
User identities have become the primary attack vector for financial institutions. Excessive privileges, weak authentication controls, and a lack of regular access reviews expose sensitive data to both external attackers and insider threats.
Without strong identity governance, even trusted users can unintentionally compromise data privacy.
How CloudScale365 Helps
An MSP strengthens identity security using Zero Trust principles, including:
- Enforcing multi-factor authentication (MFA)
- Implementing conditional access based on risk, location, and device health
- Conducting regular access reviews and privilege audits
- Managing service accounts and privileged identities
These controls significantly reduce the risk of unauthorized data access.
Third-Party and Supply Chain Risk
The Challenge
Financial service providers rely heavily on vendors, fintech partners, and SaaS platforms. Each third party that accesses or processes sensitive data introduces additional risk—often outside the organization’s direct control.
A breach at a vendor can quickly become a regulatory and reputational issue for the financial institution itself.
How CloudScale365 Helps
An MSP helps manage third-party risk by:
- Assessing vendor security posture and access levels
- Limiting and monitoring third-party access to sensitive systems
- Implementing least-privilege access models
- Continuously monitoring third-party activity and data access
The result: reducing exposure while maintaining operational flexibility.
Incident Detection, Response, and Documentation Gaps
The Challenge
Many financial institutions lack the tools and processes needed to detect breaches early and respond effectively. Delayed detection increases data loss, regulatory impact, and recovery costs. Regulators also expect documented incident response plans and evidence of timely action.
How CloudScale365 Helps
An MSP provides continuous monitoring and incident response capabilities, including:
- 24/7 security monitoring and alerting
- Automated threat detection and investigation
- Incident containment and remediation
- Documentation and reporting aligned with regulatory requirements
A proactive approach ensures faster response times and stronger regulatory defensibility.
Why MSP-Led Data Privacy Becomes a Strategic Advantage
Financial service providers face a constantly evolving threat and regulatory landscape. Addressing data privacy challenges requires specialized expertise, continuous monitoring, and advanced tooling capabilities that are difficult to sustain with internal resources alone.
By partnering with CloudScale365, financial institutions gain consistent alignment with regulatory and compliance requirements while reducing overall operational risk. We provide improved visibility and control over sensitive data across complex environments, helping organizations detect issues earlier and respond more effectively.
In an environment where data privacy expectations and cyber threats continue to rise, financial service providers can no longer rely solely on internal efforts. A strategic partnership with CloudScale365 enables organizations to protect sensitive financial data, meet regulatory obligations, and operate with greater confidence and resilience, turning data privacy from a compliance challenge into a competitive advantage.
