Stop identity system attacks that target banks and financial services organizations.
Financial services companies are the #1 target for cyberattacks, according to the Verizon 2022 Data Breach Investigations Report. Why? Because these institutions hold a treasure trove of customer information.
Consumers who relish the convenience of banking online, pulling cash from an ATM, or tracking their expenses on their phones expect their transactions to be secure. But the tangled web of regulations and policies related to cyber defense has done little to protect financial services companies from rampant cyberattacks.
Top AD Attacks and How to Prevent Them
The financial industry is an attractive target for cybercriminals because of the potential for big payouts and the complexity of securing digital assets.
Ransomware attacks have become a top priority threat for financial institutions, with incidents increasing exponentially in recent years. Despite strict security measures and complex regulations, cybercriminals continue to infiltrate networks and demand massive ransoms.
As the core identity services for 90% of businesses worldwide including banks and financial services, Active Directory is a primary target for cyberattackers. Semperis protects financial institutions from identity-related cyber incidents before, during, and after an attack. Semperis helps expose blind spots in the organization’s core identity system, detects and autonomously rolls back malicious activity, and ensures a full, malware-free, speedy recovery of business operations.
Here’s how Semperis has helped some of the largest financial institutions recover from AD-related attacks.
As with other sectors, the financial industry relies on a core identity management system—typically Active Directory—to manage permissions and access to information systems.
Cybercriminals routinely exploit the security weaknesses of AD—a quarter-century-old technology—to breach financial systems and move laterally through the network, often dropping malware that lurks for months before detonating. As dependencies on remote banking skyrocket, closing gaps in AD security becomes paramount.
IT and security teams in financial institutions face multiple challenges:
Situation
A prominent US bank required additional capabilities absent from its legacy backup solution and SIEM.
Challenge
The bank determined that its backup solution was not capable of an AD full forest recovery.
Solution
The bank evaluated several AD-optimized resilience and threat detection solutions and easily selected Semperis ADFR and DSP.
Situation
A recent security audit of the bank’s core infrastructure highlighted significant issues and regulatory deficiencies.
Challenge
While the audit revealed many things to fix, the bank had no way of knowing the best way to fix them.
Solution
The bank’s consulting partner (who performed the audit) recommended engaging Semperis to map gaps to solutions.
Top financial services companies rely on Semperis to safeguard their most valuable assets, maintain compliance, and achieve operational efficiency in an ever-evolving digital landscape.
LARGEST BANK IN US
LOAN PURCHASER IN THE US
TOP 5 LARGEST BANK IN THE UK
FINANCIAL SERVICES FIRM BASED ON NUMBER OF ADVISORS
Learn more about how cybercriminals exploit financial institutions’ identity systems.
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