Why Data Security & Compliance are Essential for Growth in Financial Services
In today’s rapidly changing landscape, financial institutions face unprecedented cyber risks, evolving regulations, and pressure to innovate responsibly. Recent surveys show:
- 63% of banking risk leaders cite cyber risk as their greatest concern
- Over 94% of banks have experienced check fraud in the past 18 months
- 61% encountered digital payments fraud, requiring faster and smarter defenses
Forward-thinking institutions are turning to Databricks for unified data intelligence, robust security controls, and end-to-end compliance management.
Databricks: Powering Secure, Scalable, and Compliant Finance
The Databricks Data Intelligence Platform equips banks and financial firms to:
- Strengthen security: Real-time threat detection, automation, investigation, threat hunting, detection engineering, and AI agents for cybersecurity. The security lakehouse powers visibility across endpoint, identity, access, cloud workloads, network, encryption, and secret management.
- Simplify compliance: Built-in controls for NIST, ISO, GDPR, PCI DSS, FINRA, AML, Basel III/IV, DORA, and more. Automated audit logging and data lineage for accountability.
- Optimize operations: Centralized governance with Unity Catalog, disaster recovery, business continuity plans, and seamless integrations with existing workflows.
- Innovate confidently: Purpose-built AI/ML frameworks (DASF/DAGF), modular governance, and an expansive partner ecosystem
See Databricks in action:
- 66% faster vendor due diligence reviews
- 94% classifier accuracy with 100% coverage for customer complaints
- Board-driven AI governance and alignment with global standards
- Risk management mapped to frameworks like MITRE, NIST, ISO, OWASP, and HITRUST
What’s New in Databricks for Financial Services?
At the 2025 Data + AI Summit, Databricks announced a number of innovations that will help financial services continue to transform with data and AI.
MLflow 3.0: End-to-End Model Governance for Trustworthy AI
- Why it matters: Financial institutions face growing pressure to ensure their AI is reliable, transparent, and compliant. MLflow 3.0 makes it easier to track, audit, and govern every AI model from experimentation to production—helping teams build trust with regulators and customers, while reducing the risk of costly errors.
Mosaic AI Agent Bricks: Automated Compliance Checks and Fraud Detection
- Why it matters: With financial fraud and regulatory requirements rising, Mosaic AI Agent Bricks empower banks to automate complex detection tasks and compliance reviews. This enables faster, smarter responses to threats, minimizes manual workloads, and improves accuracy, protecting both the institution and its customers.
Unity Catalog & Apache Iceberg™: Unified Data Governance Simplifying Audits
- Why it matters: As data regulations get tougher, financial organizations must show exactly who accessed what data, when, and why. Unity Catalog and Apache Iceberg provide fine-grained, scalable governance across all data sources, streamlining audits and helping banks stay compliant, secure, and agile.
Lakebridge migration: AI-Powered Path from Legacy Data Warehouses
- Why it matters: Legacy data systems can be slow, expensive, and hard to scale, holding back innovation. Lakebridge streamlines migration to modern, AI-ready platforms, reducing risk and cost, so banks can access deeper insights and drive growth without disruption.
Serverless Security Upgrades: Multi-Key Protection, Private Link, Egress Control
- Why it matters: Advanced attacks and data breaches threaten financial firms every day. Serverless upgrades like multi-key encryption, dedicated private network links, and controlled data flows offer stronger, multi-layered protection, helping banks safeguard sensitive information and ensure regulatory compliance, even in complex cloud environments.
Why Download “Securing the Future”?
- Practical guidance for compliance with complex financial regulations.
- Actionable playbooks for securing data, deploying AI, and reducing risk, backed by industry standards.
- Best practices for fraud prevention, governance, and auditability.
- Latest platform innovations for security, AI, and data governance—all in one resource.
Whether you’re a risk leader, compliance officer, IT architect, or executive, these insights empower you to move beyond ticking regulatory boxes toward true resilience and responsible innovation.
Frequently Asked Questions
What security and compliance challenges are banks facing in 2025?
Top risks include cyber attacks, advanced fraud, regulatory complexity, and new AI governance requirements.
How does Databricks streamline regulatory compliance?
Automated controls, audit logging, lineage tracing, and modular frameworks mapped to global standards reduce manual effort and errors.
Can financial firms innovate with AI while staying secure?
Yes. Databricks provides purpose-built security, governance, and MLOps tools to ensure responsible, compliant AI adoption.
Ready to Future-Proof Your Financial Services Operations?
Download the eBook on securing the future with Databricks. Unlock strategic perspectives, operational best practices, and actionable blueprints for building a resilient, compliant, and data-driven organization.
Transform risk into opportunity with Databricks—where data intelligence meets financial resilience.
