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How a private equity firm manages PCI DSS compliance with Enterprise Recon

Private equity
Industry

Financial Services

Challenge

With millions of customers around the globe trusting the firm for investing and financial management, the company wanted to ensure all personally identifiable information (PII) and payment data were being managed correctly and securely.

Results

Within the first quarter of scanning with Ground Labs’ Enterprise Recon, the private equity firm identified millions of instances of sensitive information dispersed across its digital ecosystem.

Key Product

Enterprise Recon PII

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Cost of a data breach financial services 2025

$5.56m

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increase in fraud losses 2024

25%

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Stolen data is customer PII

46%

What our customers are saying

Corporations Have Data Stored In So Many Locations That It Is Impossible To Manually Look For Information. With The Data Security Tool From Ground Labs, It Makes The Process Easy And Simple For Organizations To Search For Data That Is Stored In A Non-secure Manner And Take Corrective Actions To Remediate It And Secure The Data.

Ajay Unni

CEO

What our customers are saying

Enterprise Recon PII provides our team with centralized management of our data discovery process, allowing us to manage all scans from a single location without having to physically go to each and every machine to install and scan. This has created greater awareness of how and where we store data, enabling us to stay compliant with a variety of privacy regulations.

Nurettin Akhan

Manager, Cloud Services Systems

What our customers are saying

Enterprise Recon PII provides our team with centralized management of our data discovery process, allowing us to manage all scans from a single location without having to physically go to each and every machine to install and scan. This has created greater awareness of how and where we store data, enabling us to stay compliant with a variety of privacy regulations.

Nurettin Akhan

Manager, Cloud Services Systems

70%

Reduction in the time data import tasks take

Reduction in the time data import tasks take

100%

Success rate for customers using Flatfile

Success rate for customers using Flatfile

Private equity

The private equity sector has always been a powerful engine for growth, driving innovation and expansion across a wide range of industries.

Rapid digital transformation and an increasing reliance on data-driven decision-making is reshaping how these firms operate, manage their portfolios and create value for their investors.

Investors trust these entities with vast amounts of sensitive information, including financial records, personal data, strategic plans and proprietary data.

Industry

The challenge

A private equity firm managing investments information for millions of customers

A global private equity firm headquartered in Hong Kong invests in capital markets, hedge funds, private equity, and real estate, in addition to providing tailored trust, fiduciary, fund and corporate services.

With millions of customers around the globe trusting the firm for investing and financial management, the company wanted to ensure all personally identifiable information (PII) and payment card industry (PCI) data, including credit card numbers, were being managed correctly and securely.

The firm needed to protect itself against data breaches and ensure it was meeting payment card industry data security (PCI DSS) compliance requirements.

The journey

The search for a PCI DSS compliance solution

With millions of customers across multiple brands, the firm needed urgent help achieving PCI DSS compliance. PCI DSS compliance is critical for businesses handling credit card numbers in order to protect customers from payment card fraud.

Hackers are highly motivated to steal credit card data. If they gain access to sensitive data including primary account numbers, cardholder names and authentication codes, hackers can impersonate the cardholder, use the card to make purchases and even steal the cardholder’s identity.

If a data breach occurs and hackers gain access to the private equity firm’s customers’ credit card data, the firm could suffer significant financial and reputational burdens. Customers lose trust in businesses after data breaches, and the costs of this add up.

To protect sensitive data and maintain customer trust, the private equity firm needed a solution to help it accurately, quickly and easily identify where credit card data, payments information and other PII was stored, enabling the company to remediate and protect sensitive data against compromise.

The company turned to Ground Labs for help scanning and identifying cardholder data across its network.

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The solution

Ground Labs’ Enterprise Recon helps maintain PCI DSS compliance

Because the firm handles such a high volume of customer credit card data and PII, the team faced a significant challenge to find where all that data was being stored. It decided to partner with Ground Labs and now relies on Ground Labs’ award-winning Enterprise Recon software to meet and maintain PCI DSS compliance.

The company uses Enterprise Recon PII to find where credit card numbers and PII are stored within both structured and unstructured data sources, including Windows File Servers, Exchange Server, O365, SAP and Endpoints.

After scanning, Enterprise Recon PII allows the team to view and analyze where this sensitive data resides and immediately contact the owners to take action.

Ultimately, Enterprise Recon PII provides a blueprint of the sensitive data storage locations across the organization, allowing the firm to ensure on an ongoing basis that it is not storing any credit card numbers or other PII unnecessarily, and when necessary, that the company is storing them securely to protect sensitive consumer information.

Enterprise Recon identified millions of instances of unsecured sensitive data in the firm’s ecosystem

Within the first quarter of scanning with Ground Labs’ Enterprise Recon, the private equity firm identified millions of instances of unsecured sensitive information dispersed across its digital ecosystem. Enterprise Recon’s delegated remediation feature enabled the company to assign data and system owners to address the risk using its built-in remediation tools.

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