Securing Financial Services

A managed cybersecurity platform designed for the Financial Sector to help maintain regulatory compliance and elevate cybersecurity posture.
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CloudJacket XDR Designed for Financial Sector

Financial institutions have highly sensitive data including personally identifiable information (PII), bank routing data, investment algorithms, commercial records, biometric information and consumer purchasing history.  Trust is a key pillar within any financial services organization.  It is important to protect your clients’ financial assets as well as safeguard all of the other information you have for them.  Regulatory compliance requirements help create a standard but do not equal security. Enhancing your cybersecurity posture takes multiple layers with security experts to comb through those events and alerts.

In response to this, we have designed CloudJacket XDR that addresses the security needs of financial institutions with out the burdening their IT staff with alerts, making it affordable and effective.

Common Cyber Threats Impacting Finance:
  • Ransomware
  • Advanced Persistent Threats
  • Denial of service
  • Phishing or impersonation of employees 
  • Unauthorized Access to Credentials
Why are Cyber Criminals Targeting Financial Institutions?
  • The success rate of ransom collection is high
  • The potential value of selling breached data on the dark web
  • Access to personally identifiable information (PII)
  • Access to financial funds and other forms of currency

Overview on Compliance for Financial Institutions

They say if the breach does not take your organization down, the regulatory compliance fines will.  This is why so many organizations have invested in cyber liability insurance. However, insurance policies can have many loopholes and a breach will still have long-term impact on your business.  Here are just some of the important financial services compliance requirements that organizations should follow:

  • General Data Protection Regulation (GDPR)
  • Payment Card Industry Data Security Standard (PCI DSS)
  • The Sarbanes-Oxley Act (SOX)
  • Gramm-Leach-Bliley Act (GLBA)
  • Payment Services Directive (PSD2)
  • California Consumer Privacy Act (CCPA)
  • Basel III
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Intrusion Prevention & Detection

Intrusion Prevention — Detection and Prevention Technology works in-line to actively detect and block based on severity, source, reputation, geography and custom tuning. Advanced heuristics and deep packet inspection detect anomalous activity before it enters the network. IPS can proactively deny network traffic based on a security profile if that packet represents a known security threat.

Intrusion Detection — Analyzes and monitors network traffic for signs that indicate attackers are using a known cyberthreat to infiltrate or steal data from your network.

Endpoint Detection and Response

Our lightweight endpoint agent collects logs from laptops, desktops, and other endpoints on your network, processing those logs through our proprietary and patented analysis engines, using machine intelligence to identify ordinary events from those representing intrusions and behavioral anomalies, and then having the resulting alerts reviewed by our SOC engineers to take appropriate action. Combining this process with the analysis of data from all the other sources from your network, a complete picture of your security posture emerges.

SIEM Solution

A Security Information and Event Management (SIEM) solution centralizes data by collecting logs and events generated by host systems, security devices and applications. These logs and events are then stored, and analyzed by our proprietary artificial intelligence engine that applies customized logic to determine what alerts should receive further analysis and response from our security analysts.

Vulnerability Assessment

A full Vulnerability Assessment, analyzing all elements of your cloud/network architecture to find and assist in eradicating potential security risks, and to inspect the potential points of exploit on a computer or network to identify security holes. Our vulnerability scans detect and classify the system weaknesses in computers, networks, and communications equipment and predict the effectiveness of countermeasures.

Crypto

24/7 SOC Monitoring Detection, Threat Blocking and Response

Our security analysts are dedicated to reviewing every alert and identifying, confirming and blocking threats. Our team makes it their priority to be knowledgeable about your business and your policies, and we tailor our services to ensure that security does not interrupt your legitimate business flow. Less than 1% of alerts will actually need any intervention from your IT team. This frees up your IT staff from having to deal with what otherwise could be thousands of daily alerts, and eliminates labor-intensive log analysis.

Web Application and
API Security Analysis

We focus on the aspects that a hacker might use to compromise the relationship you are establishing with your customers over the Web. Some of the tests that we execute include: we review the application logic that has been built into your website and inspect the aspects of the environment that allow a user to enter input information; we test and assess the environment for server-side attacks such as SQL injection and Blind SQL injection; we test and assess the environment for client-side attacks, such as cross-site scripting exposures that could allow an attacker to manipulate the customers who access your infrastructure. These types of assessments yield valuable information and an understanding of possible application security flaws, along with recommendations for remediation. Our assessment is designed to address the components and variables unique to your application in order to deliver results that will assist you in hardening your application security. It will also help your internal IT team determine how to best deploy your valuable resources in mitigating risk to the organization.

Dark Web Monitoring

The Dark Web is a digital community that can be utilized by cybercriminals to exchange information. A combination of human intelligence mixed with sophisticated Dark Web search capabilities allows our team to monitor the Dark Web and alert your IT team when credentials from your domain are exposed. Our technology connects to multiple Dark Web services including Tor, I2P and Freenet, to search for compromised credentials, without requiring you to connect to these high-risk services directly.

Lateral Threat Detection

We deploy and utilize LAN sensors in your network, allowing our SOC team to detect events between hosts and working locations and in turn providing extra visibility into your network.

Internal Threat Detection

Designed to mimic legitimate services, such as servers and file shares, in order to attract and detect unauthorized access, to provide effective protection against Advanced Persistent Threats, Ransomware, and Insider Threats.

Enhanced Threat Hunting

Our services are designed to detect and contain an attack in order to reduce damage and recover quickly. We leverage our patented technology alongside our skilled analysts to dive into an environment during an attack. Our technology can be placed in-line to actively contain the spread of infection and block malicious activity. With our team’s experience in remediation, we walk you through recovery quickly and remotely. Ransomware, Denial-of-Service and Advanced Persistent Threats are some of the most common cyber attacks we see in private and government sectors. These are all executed by cybercriminals in order to disrupt the flow of business and oftentimes, even demand ransom to be paid in order to restore data files.

Cybersecurity Expert Consultation

Our security team members meet and consult with your cryptocurrency IT team, reviewing network/cloud architecture, and providing advice and counsel for “locking down” your architecture from a security standpoint.

About SECNAP

Since 2001, SECNAP Network Security has been combining human intelligence with innovative technology to protect organizations of all sizes against cyberthreats, including ransomware, data breaches, phishing, and advanced persistent threats (APTs). CloudJacket XDRTM is our proprietary extended detection and response (XDR) platform providing unified security, automatically collecting, normalizing, and correlating logs and other data from numerous network, cloud, and security components. This data is digested and analyzed through our patented and patent-pending advanced intelligence engine, with the results provided to our U.S.-based Security Operations Centers (SOCs) security analysts, monitoring our clients 24/7.

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