Situation

SBI Bank has completed the connection with the Information Security Event Monitoring Center ISOC (Security Operation Center) of Infosecurity (part of the Softline Group of Companies). The existing monitoring system of the bank was supplemented with automated response modules that exclude the risk of data and money theft, as well as detect and prevent cyber-attacks at early stages.

The introduction of a new data protection technology is associated with the expansion of the client base when the bank creates a comprehensive product for households, combining all the necessary services for managing the family budget, and an ecosystem for entrepreneurs.

“We bring a number of convenient and customer-oriented services to the market: mobile banking as a result of which people will be able to combine the accounts of all family members in a single mobile app, analyze common expenses, use a common loyalty program, teach children about financial literacy and apply modern payment solutions. Connecting households means a multiple growth of the client base, which imposes on us special requirements for prompt processing, ensuring the safety and security of client data,” said Andrei Kariakin, Chairman of the Board of SBI Bank.

Solution

The main criterion for choosing a new monitoring system was to ensure speed, efficiency and safety without reducing the productivity and quality of the bank's business processes. The cooperation is based on the SOC as a Service model, which allows SBI Bank to avoid the cost of expensive equipment and highly qualified personnel, while providing comprehensive professional protection.

Results

“The constructed system using Big Data technology allows real-time collection of events on a stream of at least 10,000 events per second. The service identifies potential scenarios, reacts as quickly as possible to events and prevents critical incidents from occurring, and visualizes the results obtained,”  Aleksei Iudin, Director of the Infosecurity monitoring center, summed up the project.

In addition to the traditional information security and incident response 24 hours per day, 7 days per week, 365 days per year, specialized connectors have been developed to the existing SBI Bank hardware and software systems, which provide an uninterrupted encrypted channel and guarantee high data security against loss and theft.