Forcepoint Case Studies Compartamos Banco Safeguards Data in Order to Better Serve its Customers

Edit This Case Study Record

	Compartamos Banco Safeguards Data in Order to Better Serve its Customers Forcepoint

Compartamos Banco Safeguards Data in Order to Better Serve its Customers

Forcepoint

Technology Category	Cybersecurity & Privacy - Cloud Security Cybersecurity & Privacy - Database Security
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Cybersecurity
Services	Cloud Planning, Design & Implementation Services Cybersecurity Services
Challenge	Compartamos Banco, the largest microfinance bank in Latin America, faced the challenge of protecting a complex organization that includes 16,000 employees, more than 500 offices, and 2.5 million customers. The bank needed to comply with regulations including National Banking and Securities Commission (CNBV), Federal Law of Protection of Data in Possession of Individuals (LFDPPP), and international standards. The bank's objective was to eradicate financial exclusion by offering basic financial services to the low-income population, and to do so, it needed to ensure the security and protection of its data. Read More
About Customer	Compartamos Banco is the largest microfinance bank in Latin America. The bank has a special focus on women and serves more than 2.5 million clients with loans for working capital. The bank's objective is to eradicate financial exclusion by offering basic financial services to the low-income population. The bank has a complex organization that includes 16,000 employees, more than 500 offices, and 2.5 million customers. The bank is headquartered in Mexico. Read More
Solution	To address its challenges, Compartamos Banco expanded its existing Forcepoint Web Security to a hybrid on-premises/cloud implementation with integrated data loss prevention (DLP). This solution was chosen to conveniently and cost-effectively deliver protection across 500 offices. The implementation of Forcepoint Hybrid Web Security allowed the bank to better monitor its systems, timely detect attacks and users sending inappropriate information, and strengthen the protection of customer personal data. The solution also changed the role of IT personnel from a maintenance and operational role to a monitoring role that adds value to the operation. Read More Log in to view content
Contents

Technology Category

Cybersecurity & Privacy - Cloud Security

Cybersecurity & Privacy - Database Security

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Cybersecurity

Services

Cloud Planning, Design & Implementation Services

Cybersecurity Services

Challenge

Compartamos Banco, the largest microfinance bank in Latin America, faced the challenge of protecting a complex organization that includes 16,000 employees, more than 500 offices, and 2.5 million customers. The bank needed to comply with regulations including National Banking and Securities Commission (CNBV), Federal Law of Protection of Data in Possession of Individuals (LFDPPP), and international standards. The bank's objective was to eradicate financial exclusion by offering basic financial services to the low-income population, and to do so, it needed to ensure the security and protection of its data.

About Customer

Compartamos Banco is the largest microfinance bank in Latin America. The bank has a special focus on women and serves more than 2.5 million clients with loans for working capital. The bank's objective is to eradicate financial exclusion by offering basic financial services to the low-income population. The bank has a complex organization that includes 16,000 employees, more than 500 offices, and 2.5 million customers. The bank is headquartered in Mexico.

Solution

To address its challenges, Compartamos Banco expanded its existing Forcepoint Web Security to a hybrid on-premises/cloud implementation with integrated data loss prevention (DLP). This solution was chosen to conveniently and cost-effectively deliver protection across 500 offices. The implementation of Forcepoint Hybrid Web Security allowed the bank to better monitor its systems, timely detect attacks and users sending inappropriate information, and strengthen the protection of customer personal data. The solution also changed the role of IT personnel from a maintenance and operational role to a monitoring role that adds value to the operation.

Impact #1	Better monitoring and timely detection of attacks and users sending inappropriate information.
Impact #2	Strengthening of customer personal data protection.
Impact #3	Change in the role of IT personnel from a maintenance and operational role to a monitoring role that adds value to the operation.

Impact #1

Better monitoring and timely detection of attacks and users sending inappropriate information.

Impact #2

Strengthening of customer personal data protection.

Impact #3

Change in the role of IT personnel from a maintenance and operational role to a monitoring role that adds value to the operation.

Benefit #1	ROI is measured by financial impact of attacks or leaks avoided.
Benefit #2	Value added to the bank’s credibility and reputation.

Benefit #1

ROI is measured by financial impact of attacks or leaks avoided.

Benefit #2

Value added to the bank’s credibility and reputation.

Download PDF Version

Overview

Compartamos Banco Safeguards Data in Order to Better Serve its Customers

Operational Impact

Quantitative Benefit