Financial Services2018-04-26T10:53:22+00:00
//Financial Services

Cybersecurity for Financial Services

Protect valuable assets with SIEM

Keeping your customers’ personal information secure is a given. Data breaches in the financial services industry can erode a customer’s trust, lead to loss of business, and can result in regulatory fines and other punishments.

But keeping that sensitive data secure can be a multi-sided challenge – attackers can come from both inside and outside of the company. Whether it’s someone in a dark apartment across the globe or a co-worker two desks away, there’s no endingattempts to gain access.

To protect your customer’s personal data and to ensure compliance, you need a solution that spots attacks, keeps track of insider and outsider activity and offers clear visibility into every corner of your network. LogPoint is that solution.

LogPoint in financial services

Your organization uses sophisticated IT systems to support daily operations – you have to. The systems generate a massive number of events or “machine data” from applications, network devices, servers and infrastructure. LogPoint helps you make sense of it all, providing access to data within your complex IT systems. The result? An increasing need for critical operational insight.

Analysis of the data helps you to uncover, manage and address cybersecurity threats and demonstrate compliance. What’s more, this visibility empowers you to improve operational processes and efficiency.

And to take it a step further, you’ll now have previously unachievable insights to IT activity, which will make you even more prepared to to detect and prevent unintentional or malicious attacks.

Customer testimonial

AP Pension, an independent Danish pension cooperative deployed LogPoint to improve security team efficiency and meet regulatory requirements. Because LogPoint scales seamlessly to accommodate the organizations widespread IT landscape, AP Pension team can now focus on managing business risks instead of tedious operational bottlenecks.

Denial of service (DoS) attacks

Downtime is disastrous – it can damage both the financial stability and reputation of your company. LogPoint helps you identify attacks intended to compromise network and system availability due to extremely high levels of activity. With LogPoint, you can:

  • Monitor DNS traffic at the edge of your network to identify models of network traffic
  • Detect sudden variations exceeding the general level of traffic, while accounting for benign fluctuations
  • Use static and dynamic enrichment of DNS requests to uncover C2 traffic, using both threat intelligence and DGA approaches
  • Use predictive analytics to identify potentially critical events before they turn into downtime or disruptions
  • Assess an incident and mitigate future attempts to compromise availability using consolidated cybersecurity event reporting

Web application attacks

Financial organizations don’t often prioritize application security, but applications like SAP, Oracle and Microsoft are frequently attack targets. If that sounds like your company, it’s time to fix it. By securing your applications and optimizing performance with LogPoint, you can:

  • Monitor web server security by integrating logs from your web application firewall (WAF)
  • Gain greater visibility into attacks and policies to maximize uptime and performance of the application
  • Systematically control and filter all attempts to access your application
  • Investigate cybersecurity-critical events to rapidly resolve application and performance problems

Privilege misuse

What if the threat is coming from inside your company’s four walls? The ability to detect lateral movement and suspicious or abnormal behavior in the network prior to exfiltration can defend against an insider threat. LogPoint uses UEBA and exhaustive compliance regimens to monitor and detect fraud in enterprise applications, infrastructure including Account Directory and cloud-based services such as Azure, AWS and Salesforce. With LogPoint, you can:

  • Monitor administrative accounts to alert and report on access attempts
  • Validate new accounts that haven’t been activated without appropriate approval
  • Track access to mailboxes and identify potential misuse
  • Detect sudden changes in user, operator or server behavior by combining anomaly detection with advanced correlation
  • Uncover and audit configuration and policy changes
  • Identify attempts to exfiltration data

Get in touch

Contact us for more information about how LogPoint can benefit your financial organization.