A leading North European Financial Services Company Drives Cybersecurity Transition & Transformation

Client

The client is a provider of asset and loan management services in the pan European region, and they aim to build a sustainable financial system across Europe. 

Challenges

• Endpoint protection and technical vulnerability assessments for entire IT landscape.
• Manage a 24x7 Security Operations Center (SOC) and incident response through a trusted managed cybersecurity services partner.
• Deploy Security Information and Event Management (SIEM) for advanced threat detection and implementing network and security intrusion prevention systems across centers.
• Enable data privacy, encryption, and Bring Your Own Key (BYOK), adhering to European Banking Authority (EBA) and Payment Card Industry Data Security Standard (PCI DSS) standards.

LTM Solution

• Delivered managed security services from onsite, nearshore SOC and Offshore Development Center (ODC).
• Designed, built, and operated the next-generation SOC.
• Provided integrated SOC services, including threat detection, threat hunting and incident response, threat intelligence, and vulnerability assessment.
• Facilitated key management with Hardware Security Module (HSM) for encryption of data in the cloud, BYOK, and internal/external certificate authority.

Business Benefits 

• 20% Reduction in ticket inflow.
• Minimized false positive incidents to 25%
• Implemented a Virtual Machine (VM) for infrastructure and remediation, as per specific compliance and regulatory requirements.
• Achieved 25% automation across key cybersecurity processes.