FOR IMMEDIATE RELEASE
CONTACT:
Timothy Evans, Adlumin SVP, Chief of Strategy and Cofounder
Email: timothy.evans@adlumin.com
Phone: (202) 352-8001
FOR IMMEDIATE RELEASE
CONTACT:
Timothy Evans, Adlumin SVP, Chief of Strategy and Cofounder
Email: timothy.evans@adlumin.com
Phone: (202) 352-8001
The company introduces a newly developed technology that will help protect core banking systems.
The company introduces a newly developed technology that will help protect core banking systems.
[WASHINGTON – March 30, 2020] – Adlumin has developed innovative security technology, which helps protect core banking systems by ensuring that the transaction processor is monitored 24/7 and that the bank has visibility into their core banking system. Adlumin’s Core Banking and Linux System Monitoring discovers threats, malfunctions, and IT operation failures, on Linux-based operations, in real-time.
Core banking systems are connected to many bank services and the complexity of the interfaces can present opportunities for malicious actors to obfuscate their attack patterns. To capably audit these networks, logging is necessary but also generates a huge amount of data that is difficult for humans to sift through without technical assistance.
“Adlumin’s platform uses specialized sensors to collect information from the core banking system. We receive and analyze the data in real time, and our platform sends alerts when anomalies are detected in the system,” says Director of Data Science, Tim Stacey. “We can deploy to any core banking system, making valuable monitoring easily available.”
The company’s analytics combine the latest in machine learning and cybersecurity research to provide real-time analysis and updating. Adlumin’s proprietary machine learning algorithms analyze the flow of information—based on activity logging for each account user—and trigger alerts for anomalous activity as it’s happening. Custom detections are also available for configuration on platforms, which allows customers to design personalized alerts necessary for their environment.
Core banking systems serve as the backend for transactions, updates and all other operations involving an account or financial record. They also mediate many middle or back office bank applications (e.g. loans, mortgages, and payments). Adlumin provides a financial institution an added layer of security and visibility to a financial institution’s core banking infrastructure and defends against key failures and malicious activity that might otherwise go undetected.
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About Adlumin
Adlumin Inc. is the leading security and compliance automation platform for the financial sector. The Adlumin team has a passion for technology and solving the most difficult problems through the targeted application to data science and compliance integration. Our mission is to “add luminosity” or visibility to every customer’s network processes through real-time threat detection, analysis, and response to ensure sensitive data remains secure.