CheckPoint Software Case Studies Canal Bank Enhances Email Security with Check Point CloudGuard SaaS

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	Canal Bank Enhances Email Security with Check Point CloudGuard SaaS CheckPoint Software

Canal Bank Enhances Email Security with Check Point CloudGuard SaaS

CheckPoint Software

Technology Category	Application Infrastructure & Middleware - Event-Driven Application Cybersecurity & Privacy - Malware Protection
Applicable Industries	Finance & Insurance National Security & Defense
Use Cases	Supply Chain Visibility Tamper Detection
Services	Cloud Planning, Design & Implementation Services System Integration
Challenge	Canal Bank, a financial services provider in Panama, was facing a significant challenge in securing its Office 365 application users from malware, phishing, and ransomware. The bank was in the process of acquiring and implementing a new core banking system that would support multiple channels and mobile applications, and it was crucial to ensure the integrity of these new services. The bank's strategy heavily relied on cloud technology, and they were planning to move all operations to the cloud in approximately two years. The first step in this transition was moving their email platform to the cloud, which required a security solution that could be hosted externally to protect against phishing attacks and other threats. The bank's executives understood the importance of security and wanted to ensure that the emails sent and received would not pose a threat to the organization. Read More
About Customer	Canal Bank is a financial services provider that caters to commercial clients in Panama. The bank has 350 employees who rely on its network to support the firm's most critical financial services operations and deliver a superior customer experience. Canal Bank is constantly improving its services to keep pace with changing consumer demands in the banking industry. The bank is currently in the process of acquiring and implementing a new core banking system that can support many channels and mobile applications. Canal Bank's strategy heavily relies on cloud technology, and they have a roadmap to move all their operations to the cloud in approximately two years. Read More
Solution	After evaluating various options and consulting with its strategic partner, Soluciones Seguras, Canal Bank decided to implement Check Point's CloudGuard SaaS. This cloud service is specifically designed to combat cloud email and productivity suite threats. It effectively blocks attacks aimed at stealing data on Office 365 and G Suite, and provides protection against advanced phishing attacks, malware, and zero-days. The solution was easy to deploy and quickly delivered the threat prevention that Canal Bank required. CloudGuard SaaS also cleans out threatening email attachments and delivers a clean file to the recipient. It alerts the bank about shadow IP applications running from within their infrastructure, allowing them to block applications that are not supposed to be running in their environment. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Event-Driven Application

Cybersecurity & Privacy - Malware Protection

Applicable Industries

Finance & Insurance

National Security & Defense

Use Cases

Supply Chain Visibility

Tamper Detection

Services

Cloud Planning, Design & Implementation Services

System Integration

Challenge

Canal Bank, a financial services provider in Panama, was facing a significant challenge in securing its Office 365 application users from malware, phishing, and ransomware. The bank was in the process of acquiring and implementing a new core banking system that would support multiple channels and mobile applications, and it was crucial to ensure the integrity of these new services. The bank's strategy heavily relied on cloud technology, and they were planning to move all operations to the cloud in approximately two years. The first step in this transition was moving their email platform to the cloud, which required a security solution that could be hosted externally to protect against phishing attacks and other threats. The bank's executives understood the importance of security and wanted to ensure that the emails sent and received would not pose a threat to the organization.

About Customer

Canal Bank is a financial services provider that caters to commercial clients in Panama. The bank has 350 employees who rely on its network to support the firm's most critical financial services operations and deliver a superior customer experience. Canal Bank is constantly improving its services to keep pace with changing consumer demands in the banking industry. The bank is currently in the process of acquiring and implementing a new core banking system that can support many channels and mobile applications. Canal Bank's strategy heavily relies on cloud technology, and they have a roadmap to move all their operations to the cloud in approximately two years.

Solution

After evaluating various options and consulting with its strategic partner, Soluciones Seguras, Canal Bank decided to implement Check Point's CloudGuard SaaS. This cloud service is specifically designed to combat cloud email and productivity suite threats. It effectively blocks attacks aimed at stealing data on Office 365 and G Suite, and provides protection against advanced phishing attacks, malware, and zero-days. The solution was easy to deploy and quickly delivered the threat prevention that Canal Bank required. CloudGuard SaaS also cleans out threatening email attachments and delivers a clean file to the recipient. It alerts the bank about shadow IP applications running from within their infrastructure, allowing them to block applications that are not supposed to be running in their environment.

Impact #1	The implementation of Check Point's CloudGuard SaaS has consolidated Canal Bank's security architecture, providing real-time threat prevention against 5th generation cyber attacks. It has also enhanced the bank's monitoring and reporting capabilities, ensuring rapid problem solving. The solution has not only defended the bank from numerous phishing and malware attacks but also provided valuable insights into threats targeting their email platform. Furthermore, it has enabled the bank to identify and block shadow IP applications running within their infrastructure, thereby enhancing the overall security of their operations.

Impact #1

The implementation of Check Point's CloudGuard SaaS has consolidated Canal Bank's security architecture, providing real-time threat prevention against 5th generation cyber attacks. It has also enhanced the bank's monitoring and reporting capabilities, ensuring rapid problem solving. The solution has not only defended the bank from numerous phishing and malware attacks but also provided valuable insights into threats targeting their email platform. Furthermore, it has enabled the bank to identify and block shadow IP applications running within their infrastructure, thereby enhancing the overall security of their operations.

Benefit #1	Stopped approximately 1400 phishing attacks in the last year
Benefit #2	Defended against about 800 malware attacks
Benefit #3	Provided thorough visibility into threats targeting the bank's email platform

Benefit #1

Stopped approximately 1400 phishing attacks in the last year

Benefit #2

Defended against about 800 malware attacks

Benefit #3

Provided thorough visibility into threats targeting the bank's email platform

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Overview

Canal Bank Enhances Email Security with Check Point CloudGuard SaaS

Operational Impact

Quantitative Benefit