Case study: Financial Plus Credit Union

In today’s market, there is an increased demand for a Security Information and Event Management (SIEM) platform as more companies are exposed to vulnerabilities, attacks, criminals, and other cybersecurity threats. According to Verizon’s 2020 Data Breach Investigations Report (DBIR), “86% of breaches were financially motivated.” Originally, security and event management platforms were created to provide organizations with visibility into all their security alerts. These platforms have evolved to include sophisticated features like artificial intelligence (AI), machine learning, threat intelligence, deep and dark web monitoring tools, and more.

Financial institutions house millions of network and financial accounts containing private information requiring continuous monitoring and protecting. Not surprisingly, these organizations face considerable challenges when it comes to safeguarding their customers’ personal and financial data.

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