The Banking Sector Facing Cybersecurity
Context
The French banking sector holds an exceptional market position, with establishments among the world leaders. This is explained in particular by their desire to invest across all banking markets, ranging from commercial banking to investment and insurance.
First bank in the Eurozone and a leading international banking player.
Our client holds key positions within three operational poles: Domestic Markets and International Financial Services, for retail banking networks and specialized financial services, and Corporate & Institutional Banking, for corporate and institutional clients.
Challenges
The digital revolution has shaken up all companies—and the banking sector is no exception! This new model required banks to transform their practices and habits by opening up to the outside world, breaking down service silos, and processing their data to have a 360-degree view of their customers. Many companies that did not take the path of digitalization have seen themselves slowly collapse. Banks therefore had no choice but to open their architecture to become agile and offer an optimal customer experience. However, this digitalization had other, more harmful consequences… The continued digitization of financial services has amplified the exposure of banks to cybercrime and operational IT deficiencies. A major player in the banking sector therefore called on the Go Cloud & Security offer by Talan to respond to these cybersecurity challenges.
Methods and Solutions
Over these 18 months, our experts supported this banking player by auditing its entire IT system, AWS infrastructure, and DevOps pipeline. Several security audits at the infrastructure, application, data, API, and IoT levels were also implemented to evaluate the company's various information systems.
These audits and tests allowed the teams to present comprehensive reports and IT remediation plans.
Benefits
Vulnerabilities identified throughout the IT system
Remediation and fixes for infrastructure, Cloud, applications, and Data
Advice on the implementation of new SIEM (Security Information and Event Management) tools and threat monitoring
Training on the newly deployed tools
Raising awareness of security among DevOps teams
Organizational advice on security management
DORA Regulation: discover our guide to support your compliance
- Review of the regulation: a zoom into its foundations, from ICT risk management to resilience testing obligations and third-party provider monitoring
Key steps for sustainable compliance: discover a structured path to integrate DORA into your organization
A guide for implementing the 5 pillars, aligned with current corporate structures
Benefit from practical advice from Talan's cybersecurity and compliance experts
Compliance & Security
"Our experts are supporting the banking sector's first Cloud project regarding compliance and security. Very high stakes for a strategic national project."
Christophe Levier, Director of Go Cloud & Security by Talan