Case Studies Lean, nimble security teams scales to enterprise-grade

Edit This Case Study Record

	Lean, nimble security teams scales to enterprise-grade

Lean, nimble security teams scales to enterprise-grade

Technology Category	Cybersecurity & Privacy - Endpoint Security Cybersecurity & Privacy - Network Security Cybersecurity & Privacy - Security Compliance
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation Quality Assurance
Use Cases	Intrusion Detection Systems
Services	Cloud Planning, Design & Implementation Services Cybersecurity Services System Integration
Challenge	Kyriba, a global treasury management solution provider, faced the challenge of maintaining world-class cybersecurity operations to protect its multinational cloud-based infrastructure. With stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, Kyriba needed to ensure robust security measures. The company aimed to achieve enterprise-grade security results with a lean security team, necessitating the use of intelligent automation to offload monitoring and triaging duties. Read More
About Customer	Kyriba is a global treasury management solution provider headquartered in San Diego, California, with offices in New York, Paris, Tokyo, the U.K., and Singapore. The company offers fully virtualized and cloud-based cash management solutions to over 2,000 client companies worldwide. Kyriba's clients rely on its innovative solutions for optimizing cash and liquidity management, tracking financial transactions, monitoring and controlling payments, detecting fraudulent activities, and matching accounting balances. The company adheres to stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, and meets SOC 1 and SOC 2 Type II auditory reporting standards. Kyriba's security team, led by Kevin Bailey, Director of the Cyber Defense Center, is tasked with building a cybersecurity program that spans the globe and meets the financial industry's strictest standards. Read More
Solution	Kyriba implemented the Respond Analyst to enhance its cybersecurity capabilities. The Respond Analyst's intelligent automation allowed Kyriba to offload monitoring and triaging duties, achieving enterprise-grade security results with a lean security team. The software's deep industry knowledge and long-term experience impressed Kyriba's IT leaders during proof-of-concept testing. The Respond Analyst integrated seamlessly with Kyriba's existing cloud-based security stack, including Palo Alto Networks IDS/IPS, McAfee Endpoint Antivirus, and Splunk SIEM. The integration was facilitated by APIs, enabling smooth communication between Splunk and the Respond Analyst. Kyriba installed the Respond Analyst in its AWS instance, ensuring secure cloud-to-cloud data transfer. The deployment process was rapid, with the team directing data sources to the Respond Analyst in February 2019 and going live by the following month. The Respond Analyst quickly demonstrated its effectiveness by identifying vulnerability scanners and device misconfigurations during an internal red team exercise. Read More Log in to view content
Contents

Technology Category

Cybersecurity & Privacy - Endpoint Security

Cybersecurity & Privacy - Network Security

Cybersecurity & Privacy - Security Compliance

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Quality Assurance

Use Cases

Intrusion Detection Systems

Services

Cloud Planning, Design & Implementation Services

Cybersecurity Services

System Integration

Challenge

Kyriba, a global treasury management solution provider, faced the challenge of maintaining world-class cybersecurity operations to protect its multinational cloud-based infrastructure. With stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, Kyriba needed to ensure robust security measures. The company aimed to achieve enterprise-grade security results with a lean security team, necessitating the use of intelligent automation to offload monitoring and triaging duties.

About Customer

Kyriba is a global treasury management solution provider headquartered in San Diego, California, with offices in New York, Paris, Tokyo, the U.K., and Singapore. The company offers fully virtualized and cloud-based cash management solutions to over 2,000 client companies worldwide. Kyriba's clients rely on its innovative solutions for optimizing cash and liquidity management, tracking financial transactions, monitoring and controlling payments, detecting fraudulent activities, and matching accounting balances. The company adheres to stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, and meets SOC 1 and SOC 2 Type II auditory reporting standards. Kyriba's security team, led by Kevin Bailey, Director of the Cyber Defense Center, is tasked with building a cybersecurity program that spans the globe and meets the financial industry's strictest standards.

Solution

Kyriba implemented the Respond Analyst to enhance its cybersecurity capabilities. The Respond Analyst's intelligent automation allowed Kyriba to offload monitoring and triaging duties, achieving enterprise-grade security results with a lean security team. The software's deep industry knowledge and long-term experience impressed Kyriba's IT leaders during proof-of-concept testing. The Respond Analyst integrated seamlessly with Kyriba's existing cloud-based security stack, including Palo Alto Networks IDS/IPS, McAfee Endpoint Antivirus, and Splunk SIEM. The integration was facilitated by APIs, enabling smooth communication between Splunk and the Respond Analyst. Kyriba installed the Respond Analyst in its AWS instance, ensuring secure cloud-to-cloud data transfer. The deployment process was rapid, with the team directing data sources to the Respond Analyst in February 2019 and going live by the following month. The Respond Analyst quickly demonstrated its effectiveness by identifying vulnerability scanners and device misconfigurations during an internal red team exercise.

Impact #1	Kyriba's security team experienced increased efficiency and effectiveness, allowing them to spend more time on threat hunting, incident response, and remediating vulnerabilities.
Impact #2	The Respond Analyst provided 24/7 coverage with human analysts working only from seven a.m. to seven p.m., and an on-call incident responder attending to escalations overnight.
Impact #3	The security team reported a significant boost in morale, as they no longer feared missing critical events and felt more confident in their work.

Impact #1

Kyriba's security team experienced increased efficiency and effectiveness, allowing them to spend more time on threat hunting, incident response, and remediating vulnerabilities.

Impact #2

The Respond Analyst provided 24/7 coverage with human analysts working only from seven a.m. to seven p.m., and an on-call incident responder attending to escalations overnight.

Impact #3

The security team reported a significant boost in morale, as they no longer feared missing critical events and felt more confident in their work.

Benefit #1	9 incidents escalated out of 138M events monitored with 100% accuracy.
Benefit #2	The equivalent of 2,000 security analysts added to the Kyriba team.
Benefit #3	24/7 extended coverage achieved.

Benefit #1

9 incidents escalated out of 138M events monitored with 100% accuracy.

Benefit #2

The equivalent of 2,000 security analysts added to the Kyriba team.

Benefit #3

24/7 extended coverage achieved.

Download PDF Version

Overview

Lean, nimble security teams scales to enterprise-grade

Operational Impact

Quantitative Benefit