Exaprotect designs and delivers full-featured real-time Security Information and Event Management (SIEM) appliances and network security policy change management systems for global banking and financial institutions. 

Why does the banking and finance sector repeatedly choose Exaprotect for security information management?

Customer feedback shows that we provide a security solution to satisfy the following banking and finance needs/requirements:

• Security
• Reliability
• Real-time performance
• Flexibility / Scalability
• Industry and regulatory Compliance

How does Exaprotect’s approach to security information management help you meet the challenges specific to banking and finance organizations?

Quick reporting: Regular audits by external consultants acting on behalf of customers, analysts, and public authorities are now an everyday requirement of financial institutions. The driver of regulatory compliance has emphasized the need to thoroughly document security practices and performance, often creating a need to produce instant reports. Exaprotect’s event and correlation manager (EventManager) and log management  (LogManager) appliances as well as their network configuration management product (ChangeManager) offer a range of predefined and user-configurable reporting capabilities to help in this regard.

Impenetrable data security: Logically, the IT security systems and architecture of a financial institution must replicate the protection afforded by safe and vault equipment. Exaprotect’s approach to security information management incorporates a powerful SIEM system that correlates thousands of events per second from across the network – both at the perimeter and internally - and flags up the security alerts that require urgent investigation and remediation. The change management technology is then used to instantly create/change device settings and modify your security policy in direct response to the threat. The changes made are also recorded and annotated for tracking and auditing purposes.

Configuration for Branch Offices : Most retail banking institutions today have branches and departments spread across the globe as they expand or merge, and hence, they need to ensure that the same security policies are consistently enforced across their network resources at all times. ChangeManager helps you to achieve a consistent and effective security stance based on your control framework.

Extranet configuration: Banking and other financial institutions also need to constantly communicate with partners, such as financial content providers (Reuters, Bloomberg etc.) – which necessitates the creation of complex extranet configurations. ChangeManager facilitates and greatly accelerates VPN configuration times and enables you to visually track the development of your security policy controls, allowing fast, reliable security event management of extranet protocols.

Regulation compliance: Financial services are under immense pressure to be compliant with a growing number of regulatory regimes whose requirements are document-intensive and time-consuming. Exaprotect’s reports and configuration details can provide important documentation to support this.