Success Story 2: Improved Vulnerability Management
An international financial institution was facing significant impact from the need to validate and remediate systems and network vulnerabilities. After leveraging our services, the time to remediate was substantially reduced, while associated costs decreased by over 20%.
A Smaller Target Results in Less Risk
Reducing Risk Through Intelligent Vulnerability Management
As OS and application vulnerabilities continued to grow and exploits increased, an international financial institution was faced with mounting costs and increasing risk of data compromise. This company’s security resources were struggling to adapt manual processes and tools, and a complicated security architecture, to this rising tide of risk. At the same time as the threat landscape became ever more treacherous, the company’s growth accelerated. Thus, keeping an appropriate level of situational vulnerability awareness and then addressing those issues was problematic, demanding ever increasing resources and time.
After coming to the realization that existing mechanisms were no longer sufficient, NetDefend Consulting was retained to address these issues. During the course of our engagement, NetDefend partnered with our client to determine an effective, streamlined architecture for systems and application validation, eliminating several redundant steps and resulting in significant time savings. Improved prioritization and risk analysis procedures were implemented, allowing for the client to focus on truly actionable vulnerabilities. Finally, manual tools and processes were augmented and replaced with automated security solutions, freeing up resources and improving vulnerability remediation lag time by more than 50%.
At the conclusion of this engagement, conservative analysis indicated a cost reduction of over 20%, with an ROI exceeding 600%.
