Ransomware on the Rise: Banks Remain Primary Target
Like most banks, one of USBKY’s main concerns is the rising ransomware attacks within their industry. Protecting themselves from ransomware attacks was another another one of their requirements. Adlumin’s Data Science Team developed a machine learning algorithm for detecting ransomware attacks via comprehensive monitoring of changes across the entire file system. Deploying Adlumin’s Security Operations Platform ease concerns for their IT team and the Board of Directors.
Compliance Reporting and Darknet Monitoring Made Easy
Understanding the importance of meeting its compliance requirements, USBKY required a solution that could easily pull reports for external bank auditors and examiners. Security and risk teams are asked to use data-driven processes to improve cyber risk maturity or show regulation compliance. Adlumin’s reporting module within the MDR platform gives USBKY’s IT team one-touch compliance reporting based on live, accurate, contextualized data. They are instantly aware of where there are misconfigurations or deviations from policy threatening their compliance and security posture.
As the threats became more prevalent and we were starting to see them more in our community bank environment, having to hop from different security platforms and to gain needed visibility was a challenge to our lean team. We had a SIEM before, but it didn’t utilize AI and wasn’t meeting our current needs. And it was not user-friendly. When we saw Adlumin, we were really blown away with the interface, threat intelligence, ease of use, and the amount of visibility gained into our environment.”
– Jill Burkeen, Information Security Officer at United Southern Bank of Hopkinsville Kentucky
USBKY knows that keeping track of the darknet can be risky and resource-draining, so they rely on Adlumin’s Darknet Exposure Monitoring. This feature gives USBKY complete visibility beyond their boundaries, shedding light on things they may not be aware of otherwise. Now, they are informed on whether their data or employee credentials are up for sale.
The Power of the Product and Building Community
Banks without 24×7 security coverage or those with a lean team should consider a Security Operations Platform that offers comprehensive monitoring, analysis, and insights. Not only does a Security Operations Platform plus extended risk management and security services streamline data ingestion and compliance workflows throughout USBKY’s enterprise, it also offers peace of mind knowing Adlumin is shining a light on activity that would otherwise go undetected.
Today, Adlumin and USBKY’s partnership is years in and thriving. Their team emphasizes the power of the Adlumin platform by acting as a referral to their IT peers within different industries. Joshua Fidler, Information Technology Officer at USBKY, says, “I helped sell the platform to one of your customers a year ago. We were talking about the tools we had and what we utilized, and I told him we have this neat platform that ingests all of our logs. I showed him the dashboard and the interface, and he, too, was blown away. He ended up signing with you [Adlumin] not too long after that.”
Adlumin also appointed Jill Burkeen to their customer advisory council so she could lend her insights to product development and enhancements. Burkeen says, “I am on the advisory council, and some of the things they are talking about doing in the future provide insight to our organization on what features will be added and how we can utilize that information to guide us in our strategic decisions.”
USBKY was looking for a solution that they could trust and rely on. Their advocacy shows their trust in Adlumin’s ability to help protect USBKY assets and data while enhancing the network environment.