Since implementing the Logpoint solution, PXP has seen a number of benefits. Logpoint is being used by both the Information Security, IT and technical operations teams, which utilize the search capabilities, alerts and dashboards within Logpoint to track activities across the business and quickly identify areas of concern.
With Logpoint, PXP can correctly categorize events according to risk, severity and, most importantly, context, such as system, user, time of day or geographic location. With this level of granularity, it has the flexibility to alert specific teams and individuals depending on the type of security event that occurs.
“As a financial services company in a highly regulated industry, it is imperative that we maintain a strong security posture at all times. While the investment in a SIEM solution was always driven by our need for a robust security infrastructure, we are also faced with a wide range of industry standards such as the PCIDSS, GDPR, SOC 2, and the Point-to-Point Encryption standard, where non-compliance can mean the loss of customers. By using Logpoint, we can keep a very granular view of our logs and easily identify any out-of-the-ordinary activity,” says Graeme Zwart, CISO of PXP Solutions.
In addition, Logpoint’s predictable licensing model, which is based on the number of devices (nodes) sending logs, not on the volume of data (GB) or events per second (EPS), has enabled PXP to maintain and budget for their SIEM solution while expanding their business. This means there was no extra cost related to the growth of the company’s data volume or how many events per second that were received. PXP’s worries about data limits disappeared, allowing it to scale based on future needs in a predictable manner.
Moving forward, PXP will continue to use Logpoint to ensure its evolving security management and compliance requirements are met, and assure customers their data is secure with PXP.