Vectra AI Inc. Case Studies Commodities trader finds sweet spot with AI-powered threat detection

Edit This Case Study Record

	Commodities trader finds sweet spot with AI-powered threat detection Vectra AI Inc.

Commodities trader finds sweet spot with AI-powered threat detection

Vectra AI Inc.

Technology Category	Analytics & Modeling - Real Time Analytics Cybersecurity & Privacy - Network Security
Applicable Industries	Agriculture Food & Beverage
Applicable Functions	Business Operation Discrete Manufacturing
Use Cases	Cybersecurity Real-Time Location System (RTLS)
Services	Cybersecurity Services Data Science Services
Challenge	ED&F Man Holdings, a commodities trading company, faced a significant challenge in mitigating cybersecurity risks. A security incident several years ago served as a wake-up call to the increasing success of cyberattacks. An independent assessment indicated that the company needed to significantly step up its cybersecurity processes, tools, and people. The company undertook a complete security transformation. Carmelo Gallo took over as the cybersecurity manager to protect the operations of the $10 billion company that has a presence in 60 countries. A focus on next-generation security technology, integration, and automation has rapidly accelerated the company’s security maturity. Read More
About Customer	ED&F Man Holdings has been trading sugar, coffee, molasses, and animal feed since the late 1700s. The company sources, stores, ships, and distributes agricultural products around the world. It also helps customers and suppliers manage pricing risk through hedging and acts as a broker for hedge funds and professional traders. The company operates in 60 countries and has a presence in 140 offices and multiple data centers. It has a significant role in the commodities trading industry, with a focus on agricultural products. Read More
Solution	The Cognito platform from Vectra was a foundation of the ED&F security transformation. The platform collects and stores the right network metadata and enriches it with unique security insights. Cognito Detect uses security-enriched metadata and sophisticated machine learning techniques to detect and prioritize attacks in real time. ED&F also deployed next-generation endpoint detection and response and easily integrated its insights via the Cognito REST API. High and critical alerts from Cognito Detect are fed directly to its managed SOC provider, ensuring that security teams on three continents are working from a single source of truth. The company is also exploring Cognito’s new suite of Privileged Access Analytics (PAA) detection models, which monitors the interactions between user accounts, services, and hosts. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Cybersecurity & Privacy - Network Security

Applicable Industries

Agriculture

Food & Beverage

Applicable Functions

Business Operation

Discrete Manufacturing

Use Cases

Cybersecurity

Real-Time Location System (RTLS)

Services

Cybersecurity Services

Data Science Services

Challenge

ED&F Man Holdings, a commodities trading company, faced a significant challenge in mitigating cybersecurity risks. A security incident several years ago served as a wake-up call to the increasing success of cyberattacks. An independent assessment indicated that the company needed to significantly step up its cybersecurity processes, tools, and people. The company undertook a complete security transformation. Carmelo Gallo took over as the cybersecurity manager to protect the operations of the $10 billion company that has a presence in 60 countries. A focus on next-generation security technology, integration, and automation has rapidly accelerated the company’s security maturity.

About Customer

ED&F Man Holdings has been trading sugar, coffee, molasses, and animal feed since the late 1700s. The company sources, stores, ships, and distributes agricultural products around the world. It also helps customers and suppliers manage pricing risk through hedging and acts as a broker for hedge funds and professional traders. The company operates in 60 countries and has a presence in 140 offices and multiple data centers. It has a significant role in the commodities trading industry, with a focus on agricultural products.

Solution

The Cognito platform from Vectra was a foundation of the ED&F security transformation. The platform collects and stores the right network metadata and enriches it with unique security insights. Cognito Detect uses security-enriched metadata and sophisticated machine learning techniques to detect and prioritize attacks in real time. ED&F also deployed next-generation endpoint detection and response and easily integrated its insights via the Cognito REST API. High and critical alerts from Cognito Detect are fed directly to its managed SOC provider, ensuring that security teams on three continents are working from a single source of truth. The company is also exploring Cognito’s new suite of Privileged Access Analytics (PAA) detection models, which monitors the interactions between user accounts, services, and hosts.

Impact #1	Integrated network detection and response, endpoint detection and response, and security analytics to streamline SOC operations
Impact #2	Quickly identify and prioritize the highest-risk threats to stop attacks faster
Impact #3	Cut investigation time from hours to minutes

Impact #1

Integrated network detection and response, endpoint detection and response, and security analytics to streamline SOC operations

Impact #2

Quickly identify and prioritize the highest-risk threats to stop attacks faster

Impact #3

Cut investigation time from hours to minutes

Benefit #1	Reduced priority alerts from 800 to five per month
Benefit #2	Cut investigation time from hours to minutes

Benefit #1

Reduced priority alerts from 800 to five per month

Benefit #2

Cut investigation time from hours to minutes

Download PDF Version

Overview

Commodities trader finds sweet spot with AI-powered threat detection

Operational Impact

Quantitative Benefit