Rapid7 Case Studies Auden Group's Secure Expansion of Financial Services with Rapid7 Insight Platform

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	Auden Group's Secure Expansion of Financial Services with Rapid7 Insight Platform Rapid7

Auden Group's Secure Expansion of Financial Services with Rapid7 Insight Platform

Rapid7

Technology Category	Functional Applications - Enterprise Asset Management Systems (EAM) Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Cement National Security & Defense
Applicable Functions	Product Research & Development
Use Cases	Cybersecurity Tamper Detection
Services	Cloud Planning, Design & Implementation Services Cybersecurity Services
Challenge	Auden Group, a socially responsible financial services company, was looking to expand its product portfolio while ensuring robust cybersecurity. The company's leadership recognized the importance of cybersecurity for the success of its mission and growth. They brought on a six-person security team, led by Philip Wright, Head of InfoSec, to manage all aspects of cybersecurity from prevention to threat response. Wright was particularly concerned about phishing and human error, and wanted to build a program around the NIST cybersecurity framework: identify, protect, detect, respond, and recover. With only a month until the company’s first product launch, Wright’s priority was obtaining the ability to detect suspicious activity. He turned to InsightIDR - Rapid7’s easy to deploy SIEM (Security Information and Event Management) solution that features built-in threat detection. Read More
About Customer	Auden Group is a socially responsible financial services company based in Manchester, UK. Founded in 2013, the company is dedicated to building better ways for its customers to borrow and take control of their money. Its first product was a loan platform that makes short-term loans more affordable. Today, the company is developing new banking services designed to improve customers’ financial health and wellbeing. The company's leadership recognized the importance of cybersecurity for the success of its mission and growth, and brought on a six-person security team to manage all aspects of cybersecurity. Read More
Solution	Wright began a POC of InsightIDR within two weeks of starting at Auden. He had never used InsightIDR before, but he had extensive experience with other SIEM solutions and he knew that it would take months to get to a point where one of those products would be fully deployed. He needed a product that had powerful out of the box detection capabilities. InsightIDR features User Behavior Analytics and a number of other detection methodologies, making it the perfect product for Wright’s needs. Once InsightIDR was up and running, Wright turned his attention to automating processes to keep his staff from being overwhelmed. He looked at InsightConnect to address the automation challenge. Auden was able to quickly get more than 30 InsightConnect automation workflows into production. As a result, almost two-thirds of Auden’s weekly alerts are handled automatically, while the remaining one-third are accelerated with automation and alert enrichment. Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Asset Management Systems (EAM)

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Cement

National Security & Defense

Applicable Functions

Product Research & Development

Use Cases

Cybersecurity

Tamper Detection

Services

Cloud Planning, Design & Implementation Services

Cybersecurity Services

Challenge

Auden Group, a socially responsible financial services company, was looking to expand its product portfolio while ensuring robust cybersecurity. The company's leadership recognized the importance of cybersecurity for the success of its mission and growth. They brought on a six-person security team, led by Philip Wright, Head of InfoSec, to manage all aspects of cybersecurity from prevention to threat response. Wright was particularly concerned about phishing and human error, and wanted to build a program around the NIST cybersecurity framework: identify, protect, detect, respond, and recover. With only a month until the company’s first product launch, Wright’s priority was obtaining the ability to detect suspicious activity. He turned to InsightIDR - Rapid7’s easy to deploy SIEM (Security Information and Event Management) solution that features built-in threat detection.

About Customer

Auden Group is a socially responsible financial services company based in Manchester, UK. Founded in 2013, the company is dedicated to building better ways for its customers to borrow and take control of their money. Its first product was a loan platform that makes short-term loans more affordable. Today, the company is developing new banking services designed to improve customers’ financial health and wellbeing. The company's leadership recognized the importance of cybersecurity for the success of its mission and growth, and brought on a six-person security team to manage all aspects of cybersecurity.

Solution

Wright began a POC of InsightIDR within two weeks of starting at Auden. He had never used InsightIDR before, but he had extensive experience with other SIEM solutions and he knew that it would take months to get to a point where one of those products would be fully deployed. He needed a product that had powerful out of the box detection capabilities. InsightIDR features User Behavior Analytics and a number of other detection methodologies, making it the perfect product for Wright’s needs. Once InsightIDR was up and running, Wright turned his attention to automating processes to keep his staff from being overwhelmed. He looked at InsightConnect to address the automation challenge. Auden was able to quickly get more than 30 InsightConnect automation workflows into production. As a result, almost two-thirds of Auden’s weekly alerts are handled automatically, while the remaining one-third are accelerated with automation and alert enrichment.

Impact #1	The implementation of Rapid7's Insight platform has allowed Auden to build a robust security environment while expanding its financial services product portfolio. The Insight platform has provided Auden with a lot of operating leverage and scalability. The company has been able to automate a significant portion of its security alerts, freeing up staff to focus on more complex issues. The platform has also enabled the company to quickly detect and respond to potential security threats. Furthermore, the platform's native cloud integrations and plugins have made it possible for Auden to seamlessly manage security across their multi-cloud environment. As a result, Auden has been able to eliminate common mistakes before they can expose the company to a true security incident or require a report to their regulator.

Impact #1

The implementation of Rapid7's Insight platform has allowed Auden to build a robust security environment while expanding its financial services product portfolio. The Insight platform has provided Auden with a lot of operating leverage and scalability. The company has been able to automate a significant portion of its security alerts, freeing up staff to focus on more complex issues. The platform has also enabled the company to quickly detect and respond to potential security threats. Furthermore, the platform's native cloud integrations and plugins have made it possible for Auden to seamlessly manage security across their multi-cloud environment. As a result, Auden has been able to eliminate common mistakes before they can expose the company to a true security incident or require a report to their regulator.

Benefit #1	Auden was able to quickly get more than 30 InsightConnect automation workflows into production.
Benefit #2	Almost two-thirds of Auden’s weekly alerts are handled automatically.
Benefit #3	Before deploying InsightConnect, Auden was getting about 300 alerts every week that had to be addressed manually. With InsightConnect, about 200 of them are automated.

Benefit #1

Auden was able to quickly get more than 30 InsightConnect automation workflows into production.

Benefit #2

Almost two-thirds of Auden’s weekly alerts are handled automatically.

Benefit #3

Before deploying InsightConnect, Auden was getting about 300 alerts every week that had to be addressed manually. With InsightConnect, about 200 of them are automated.

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Overview

Auden Group's Secure Expansion of Financial Services with Rapid7 Insight Platform

Operational Impact

Quantitative Benefit