Axos Bank strengthens data visibility and risk management with Cyberhaven
Axos Bank
Axos Bank Overview
Axos Bank is a digital-centric financial institution that serves customers throughout the United States with a wide range of banking services. From online checking and savings to lending and investment products, the bank aims to simplify financial management through technology and accessibility.
With a foundation built on strength and service, Axos Bank has continued to adapt its offerings to support evolving customer needs while maintaining a focus on convenience and modern financial tools. This commitment to innovation underpins not only its customer-facing services but also how the organization approaches internal priorities such as protecting data and managing risk.
Challenges
Achieve full visibility into where sensitive data exists across the organization and how it moves between systems.
Avoid applying security controls broadly due to uncertainty about where data actually reside — reducing efficiency and increasing risk.
Ensure existing security controls — firewalls, identity, DLP, malware protection — are aligned to actual data locations and movement, not assumptions.
Challenge and Impact
Axos Bank operates in a highly regulated financial services environment where managing risk is fundamental to business success. For Chief Information Security Officer at Axos Bank Raghu Valipireddy, success in his role is directly tied to protecting the organization from risk and ensuring the business can operate securely.
"In my role, success is defined by mitigation of risks. At the end of the day, we are successful as a business only when we can protect our sales enterprise from all of those risks."
— Raghu Valipireddy, CISO, Axos Bank
Those risks come in many forms, but they are consistently connected to data. Both internal data and customer data play a central role in Axos Bank’s security posture.
“Every one of those risks is somewhat connected with data that we handle internally or the data we handle for our customers.”
— Raghu Valipireddy, CISO, Axos Bank
Without complete visibility into where data exists and how it moves, security teams are often forced to apply controls broadly. This approach can limit efficiency and make it harder to confidently manage risk.
Elevate security with Cyberhaven
Connect controls to real data usage
Cyberhaven provides the visibility needed to confirm that existing security controls — DLP, firewalls, identity — are applied where data actually exists, not where it's assumed to be.
Move from assumption to intent
Rather than applying controls universally, Axos Bank can now make informed decisions based on actual data usage and flow — applying protections with clarity and purpose.
Gain visibility into unknown data stores
With data spread across multiple systems, DSPM surfaces unknown or overlooked data locations — eliminating blind spots that leave gaps in protection.
Strengthen overall security posture
By aligning protections to actual risk, Axos Bank's security team can operate more efficiently and confidently — enabling the business to move securely at speed.
Maintaining visibility as data grows and spreads
As Axos Bank continues to mature its security program, maintaining clear visibility into data remains a central focus. With data spread across multiple systems and platforms, understanding where data exists and how it is accessed is critical to managing risk effectively.
DSPM supports this effort by helping the security team move away from broad, precautionary controls and toward more informed decisions based on actual data usage. Rather than assuming where risk may exist, Raghu emphasizes the importance of applying protections with clarity and intent.
“A lot of times when we apply controls, we are applying those controls universally simply because we do not know where the data could be.”
— Raghu Valipireddy, CISO, Axos Bank
By focusing on data visibility and aligning protections with actual risk, Axos Bank continues to strengthen its security posture while enabling the business to operate securely and efficiently. Cyberhaven DSPM plays a central role in that effort, helping connect security controls directly to real data usage rather than assumptions.
Conclusion
Axos Bank’s focus on managing risk is central to its security strategy. With Cyberhaven, the organization has greater visibility into where data exists, how it moves, and how security controls apply across the environment. This clarity helps the security team better align protections with real data usage and risk, enabling Axos Bank to operate securely while continuing to support the needs of the business.
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