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Case Studies

Securing the Movement of Money Around the Globe

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Crown Agents Bank (CAB) moves money where it's needed. That's the short description of this U.K.-regulated bank specializing in wholesale foreign exchange and cross-border payments services in over 100 currencies and countries representing some of the fastest-growing economies in the world. Its customers are central and commercial banks, governments, fintech payment companies, and international development organizations.

The Security Challenge

Good security products deployed badly or misconfigured result in misleading information and too much ‘noise.’ This prevents the important incident messages from coming to the attention of the SECOPs team and being properly acted upon. The bank needed a tool that would be “easy to implement, configure, and calibrate in accordance with the Banks’ risk appetite and tolerance.”.

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Crown Agents Bank

Requirements

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    Deploy from the cloud as a SaaS solution

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    Easy implementation and configuration

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    Tune events to align with risk appetite and tolerance

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    Unified correlation of risks and threats across attack surfaces

Achievements

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    Rapidly deployed in under 50 minutes from the cloud with no hardware required

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    Out of the box scorecard reporting allowed for rapid event tuning

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    Risk and threats are correlated and monitored across multiple cybersecurity technologies, the network, firewalls, and cloud Azure and M365 applications

"Being able to calibrate our collective security products based on what CyGlass uncovers makes CyGlass not just a standalone product but a force multiplier that generates greater value from our technology investment.”

Tom Rybinski, Information security Risk Manager

Crown Agents Bank

The Solution

A New Approach to Network Detection and Response

Crown Agents Bank uses CyGlass to watch for risks across its network, firewall/IDS, backup systems, and cloud Azure and M365 applications. It can correlate threats and guide the team to review security events that need correcting.

Crown Agents

Award Winning Detection and Correlation

Powerful Machine Learning

Collect Netflow, AD and cloud logs, apply machine learning models, surface and correlated anomalous behavior and improve defenses. CyGlass AI learns the Bank's network without requiring the set-up and tuning of rules and policies.

Efficiency and Affordability

NDaaS uses a Cloud-native SaaS environment that greatly reduces overhead. CyGlass requires no onsite hardware or other software, eliminating roughly two-thirds of the cost of traditional NDR products.

Flexible and Extensible

Crown Agents Bank required the flexibility to add new security capabilities quickly. CyGlass enables fast and seamless expansion and integration at low cost.

Collect Netflow, AD and cloud logs, apply machine learning models, surface and correlated anomalous behavior and improve defenses. CyGlass AI learns the Bank's network without requiring the set-up and tuning of rules and policies.

NDaaS uses a Cloud-native SaaS environment that greatly reduces overhead. CyGlass requires no onsite hardware or other software, eliminating roughly two-thirds of the cost of traditional NDR products.

Crown Agents Bank required the flexibility to add new security capabilities quickly. CyGlass enables fast and seamless expansion and integration at low cost.

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