Case Studies Fortune 200 Asset Management Company Protects Customer Wealth from Email Threats

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	Fortune 200 Asset Management Company Protects Customer Wealth from Email Threats

Fortune 200 Asset Management Company Protects Customer Wealth from Email Threats

Technology Category	Cybersecurity & Privacy - Identity & Authentication Management
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Services	Cybersecurity Services System Integration
Challenge	After experiencing thousands of credential phishing attacks and a number of successful account takeovers, where threat actors would gain access to employee email accounts, this insurance company knew they needed additional protection for their Microsoft 365 environment. Despite having a secure email gateway and other additional protections, they were still uncomfortable with the number of advanced email attacks bypassing their security infrastructure. They faced missed attacks by Cisco ESA (IronPort) and FireEye, multiple compromised accounts circumventing multi-factor authentication, and numerous BEC attacks impersonating executives. They wanted an additional layer of protection to prevent employees from falling victim to social engineering attacks. Read More
About Customer	The customer is a Fortune 200 company that operates in the insurance and asset management industry. As a leader in these fields, the company is responsible for managing significant assets and ensuring the security of its customers' wealth. The company has a large workforce and a substantial number of protected mailboxes, indicating a broad operational scale. Given the nature of its business, the company places a high priority on cybersecurity to protect both its employees and customers from cyber threats. The company is based in the United States and has implemented various security measures to safeguard its operations. Read More
Solution	They chose Abnormal Security due to the visibility it provided into their email environment, the number of advanced email threats it detected, and the number of compromised accounts it remediated. Abnormal Security offered an added layer of security, enhancing their existing infrastructure. The solution was implemented within 15 minutes and immediately found one compromised account on the first day. This rapid deployment and immediate impact demonstrated the effectiveness of Abnormal Security in providing robust protection against business email compromise and account takeovers. With this added layer of security, the company is better protected from advanced email threats, ensuring the safety of their operations and customer assets. Read More Log in to view content
Contents

Technology Category

Cybersecurity & Privacy - Identity & Authentication Management

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Services

Cybersecurity Services

System Integration

Challenge

After experiencing thousands of credential phishing attacks and a number of successful account takeovers, where threat actors would gain access to employee email accounts, this insurance company knew they needed additional protection for their Microsoft 365 environment. Despite having a secure email gateway and other additional protections, they were still uncomfortable with the number of advanced email attacks bypassing their security infrastructure. They faced missed attacks by Cisco ESA (IronPort) and FireEye, multiple compromised accounts circumventing multi-factor authentication, and numerous BEC attacks impersonating executives. They wanted an additional layer of protection to prevent employees from falling victim to social engineering attacks.

About Customer

The customer is a Fortune 200 company that operates in the insurance and asset management industry. As a leader in these fields, the company is responsible for managing significant assets and ensuring the security of its customers' wealth. The company has a large workforce and a substantial number of protected mailboxes, indicating a broad operational scale. Given the nature of its business, the company places a high priority on cybersecurity to protect both its employees and customers from cyber threats. The company is based in the United States and has implemented various security measures to safeguard its operations.

Solution

They chose Abnormal Security due to the visibility it provided into their email environment, the number of advanced email threats it detected, and the number of compromised accounts it remediated. Abnormal Security offered an added layer of security, enhancing their existing infrastructure. The solution was implemented within 15 minutes and immediately found one compromised account on the first day. This rapid deployment and immediate impact demonstrated the effectiveness of Abnormal Security in providing robust protection against business email compromise and account takeovers. With this added layer of security, the company is better protected from advanced email threats, ensuring the safety of their operations and customer assets.

Impact #1	Gained immediate visibility into the types of attacks, key recipients, attacker strategy, and attacker origin.
Impact #2	Stopped over 3,500 credential phishing attacks and 190 unique business email compromise campaigns within the last 90 days.
Impact #3	Implemented the solution within 15 minutes and found one compromised account within the first day.

Impact #1

Gained immediate visibility into the types of attacks, key recipients, attacker strategy, and attacker origin.

Impact #2

Stopped over 3,500 credential phishing attacks and 190 unique business email compromise campaigns within the last 90 days.

Impact #3

Implemented the solution within 15 minutes and found one compromised account within the first day.

Benefit #1	Protected over 20,800 mailboxes.
Benefit #2	Stopped over 3,500 credential phishing attacks.
Benefit #3	Stopped 190 unique business email compromise campaigns within the last 90 days.

Benefit #1

Protected over 20,800 mailboxes.

Benefit #2

Stopped over 3,500 credential phishing attacks.

Benefit #3

Stopped 190 unique business email compromise campaigns within the last 90 days.

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Overview

Fortune 200 Asset Management Company Protects Customer Wealth from Email Threats

Operational Impact

Quantitative Benefit