Cybersecurity
Case Study
Cybersecurity Penetration Testing as a Service
Background
A mid-sized financial services firm, faced increasing cyber threats, including phishing attacks and potential ransomware incidents. Recognizing the need to bolster their cybersecurity posture, they sought a partner to provide comprehensive security solutions tailored to their specific challenges.
Challenges
- Challenges:
Credential Theft: Frequent phishing attempts aimed at compromising employee email credentials. - Ransomware Vulnerability: Concerns about the potential impact of ransomware on critical financial data.
- Continuous Security Assessment: The need for ongoing evaluation of security measures to adapt to evolving threats.
Solution Implemented
Our client collaborated with our cyber security provider to implement a suite of cybersecurity services:
- Credential Threat Monitoring:
- Our provider’s service scours various platforms, including botnets and criminal forums, to detect stolen credentials and personally identifiable information
(PII). - This proactive approach enabled early detection and mitigation of threats leveraging stolen email addresses and passwords.
- Our provider’s service scours various platforms, including botnets and criminal forums, to detect stolen credentials and personally identifiable information
- Ransomware Impact Analysis (RIA):
- Our provider conducted simulations of ransomware infections within our client’s network to identify vulnerabilities and potential attack paths.
- The RIA provided a detailed analysis of the organization’s “blast radius,” offering actionable insights to strengthen defenses against actual ransomware
attacks.
- AI-Verified Penetration Testing as a Service (PTaaS):
- Our provider’s AI-verified PTaaS offered continuous, customizable penetration testing to assess and enhance our client’s security posture throughout the
year. - This service ensured that the firm stayed ahead of emerging threats by consistently adopting the latest technologies and approaches to cybersecurity.
- Our provider’s AI-verified PTaaS offered continuous, customizable penetration testing to assess and enhance our client’s security posture throughout the
Results
- Cost Reduction: Achieved a 30% reduction in IT operational costs.
- Scalability: Easily scaled resources during high-demand periods, improving customer experience.
- Performance Improvement: Reduced system downtime by 40% and enhanced application speed.
- Security Enhancement: Strengthened security posture with cloud-native security tools and compliance monitoring.
Conclusion
By migrating to the cloud, our customer transformed its IT operations, gaining agility, cost efficiency, and improved performance. This successful migration positioned the company for future growth and digital transformation initiatives.