The bank selected Trustwave Managed Security Services to provide cost-effective, 24/7 network monitoring, URL filtering, unified threat management, and intrusion detection. This broad threat-fighting arsenal can be easily accessed and customized by bank executives via the Trustwave TrustKeeper portal, which helps them stay abreast of security issues across multiple branches. Trustwave even secures the bank’s email, siphoning off the whopping 70 percent of incoming messages that are identified as spam.
Managed Security with Trustwave
Project Details
Client name:
Community Bank
Location:
Midwest
Started
2008
Value:
27x7 Network Monitoring
Category:
Managed Security
— Senior VP & COO, Community Bank
A security model that includes continuous network monitoring and web security helps provide us with protection against any threats and was easy to accomplish.
A community bank on the Eastern Seaboard needed to establish the same elite security protocols as the country’s mega-banks—but with only a sliver of the resources. This long-term Trustwave customer also wanted to help ensure that its safety measures, many of which were adapted years ago, remained cutting-edge.
The bank selected Trustwave Managed Security Services to provide cost-effective, 24/7 network monitoring, URL filtering, unified threat management, and intrusion detection. This broad threat-fighting arsenal can be easily accessed and customized by bank executives via the Trustwave TrustKeeper portal, which helps them stay abreast of security issues across multiple branches. Trustwave even secures the bank’s email, siphoning off the whopping 70 percent of incoming messages that are identified as spam.
Financial institutions suffer the highest cyber-theft-related costs of any industry: Banks and similar institutions spend a mind-boggling $18.3 million each year on cyber crime, according to Accenture. And while financial companies have long been leaders in managing risk and establishing consumer trust, the recent explosion in mobile banking introduces an entirely new set of problems. Executives must now contend with mobile malware, unsecured Wi-Fi networks, and third-party apps that can be compromised.