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In the Trenches with NDR: European Financial Institution Achieves Greater Network Visibility

Network detection and response (NDR) is a critical component of a comprehensive cyber defense strategy, monitoring and analyzing network traffic to identify and thwart malicious activities that traditional security measures may miss. Using a combination of automated detection algorithms, incident investigation, and threat hunting tools, NDR enables organizations to proactively detect, investigate, and respond to threats that pose a risk to network infrastructure.

At Stamus Networks, we have enjoyed the privilege of working closely with a diverse range of organizations around the world. During our deployments, we have witnessed remarkable success stories. In each example, NDR has played a pivotal role in safeguarding networks, mitigating attacks, and minimizing the impact of security incidents.

Many of our success stories are shared in our ebook “In the Trenches with Network Detection and Response: Real World Success Stories”, but we wanted to share some of these stories here on the Stamus Networks Blog.

Each story provides a quick example of how NDR achieves one or more of the following three use-cases:

  • Threat Detection and Response
  • Network Visibility and Incident Response
  • Threat Hunting

The following story is that of a large central bank customer in Central Europe, and how the Stamus Security Platform (SSP) helped them increase their network visibility to gain comprehensive insights into network activity.

How does NDR help financial institutions?

Network Detection and Response (NDR) can help financial institutions by providing robust insights into network activity to identify potential threats and unwanted user behavior. This is seen in the example of a large central bank customer in Central Europe.

The Challenge:

A Large Central Bank customer in Europe was using a legacy IDS that limited their ability to rapidly identify and respond to imminent threats and lacked full network visibility. After an extensive evaluation, they replaced this aging system with the Stamus Security Platform to solve their challenges.

The Solution:

Using the Stamus Security Platform, the bank has eliminated numerous blind spots on the network, automatically prioritized their security events, and seamlessly integrated network telemetry into their existing tech stack.

The Outcome:

As a result of implementing the Stamus Security Platform, the bank improved their threat detection, decreased their incident response time, and increased their confidence in the security of their organization.

What is the Stamus Security Platform?

The Stamus Security Platform (SSP) is a broad-spectrum, open network-based threat detection and response (NDR) system, delivering actionable network visibility and threat detection with:

  • Greater visibility & evidence
  • More complete detection
  • Response-ready notifications
  • Extensible threat intelligence
  • Straightforward integrations
  • Immediate results

Stamus Security Platform is trusted by some of the world’s largest organizations, including government CERTs, central banks, insurance providers, managed security service providers, financial service providers, multinational government institutions, broadcasters, travel and hospitality companies, and even a market-leading cybersecurity SaaS vendor.

Like these organizations, your organization could likely benefit from including Stamus Security Platform in your cybersecurity strategy.

To dive deeper into this story, read the full Large Central Bank Case Study here.

To learn more about SSP, visit us at www.stamus-networks.com

To stay updated with new blog posts from Stamus Networks, also make sure to subscribe to the Stamus Networks blog, follow us on Twitter, LinkedIn, and Facebook, or join our Discord.

Dallon Robinette

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