Financial institutions handle highly sensitive data, including account details, credit card information, and loan records. A data breach can lead to severe legal consequences and a loss of customer trust. While traditional sharing methods, such as email or cloud storage, are vulnerable to external attacks, Wrapsody eCo eliminates these risks with automatic end-to-end encryption, ensuring financial data remains protected at all times.

Employees may unintentionally or maliciously expose confidential information, and without Role-Based Access Control (RBAC), excessive data access can increase security risks. Wrapsody eCo allows financial organizations to set granular permissions at the file, workgroup, and user levels—defining who can view, edit, download, or share documents. With access limit controls and revocation capabilities, organizations gain an extra layer of security.

Financial services operate in a heavily regulated environment, where failure to secure data can result in legal penalties. Wrapsody eCo helps organizations meet compliance requirements, including GDPR and PCI DSS, through data encryption, access controls, and comprehensive audit logs. This ensures financial data is managed securely while staying compliant with industry regulations.