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CheckPoint Software > Case Studies > Aegean Baltic Bank Enhances Security and Efficiency with Check Point
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Aegean Baltic Bank Enhances Security and Efficiency with Check Point

Technology Category
  • Cybersecurity & Privacy - Endpoint Security
  • Networks & Connectivity - Gateways
Applicable Industries
  • Finance & Insurance
  • National Security & Defense
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Inventory Management
  • Tamper Detection
Services
  • Cybersecurity Services
The Challenge
Aegean Baltic Bank (AB Bank), a Greece-based financial institution, faced significant challenges in ensuring the security of its financial data and providing a secure remote access environment for its employees. The bank, which operates under the regulatory supervision of the Central Bank of Greece, needed to protect the integrity of its financial transactions and safeguard its network from cyber threats. The bank's reputation and the trust it had built with its clientele were at stake. Cyber attacks posed a significant threat to the bank's systems and transactions. The bank required a simple-to-manage solution that could protect its environment and user endpoints from viruses, bots, malicious websites, and other threats.
About The Customer
Aegean Baltic Bank (AB Bank) is a financial institution based in Greece, operating under the regulatory supervision of the Central Bank of Greece. Founded in 2002, the bank initially provided specialized finance in the form of bilateral and syndicated loans to the Greek and international shipping and shipping-related sectors. Over the years, it expanded its activities to offer private, corporate, and investment banking products to a wider range of customers, including private clients and businesses. The bank's main asset is the trust it has built among its clientele, making security a fundamental aspect of its operations.
The Solution
AB Bank deployed Check Point's security solution, which is known for its efficiency and trustworthiness. The solution provided comprehensive coverage for the bank's financial services networking. Check Point Quantum Security Gateways, designed to secure encrypted traffic, were a key part of the solution. These gateways allowed the bank to inspect HTTPS traffic, which is crucial as 80% of internet traffic is encrypted. The bank was able to check the content its users had access to and monitor all internal and external environments they communicated with. Additionally, Check Point's solution offered centralized management, enabling administrators to identify blocked traffic and investigate suspicious events. The support for concurrent administration made the bank's day-to-day work more efficient.
Operational Impact
  • The deployment of Check Point's security solution resulted in advanced, multifaceted protection against threats and zero-day attacks for AB Bank. The solution streamlined management and enhanced administrative agility, making the bank's day-to-day operations more efficient. The Check Point Architecture's inherent flexibility allowed the bank to build out a security solution specifically for financial services and adapt quickly when conditions changed. The bank is now able to constantly evaluate its security posture and stay abreast of new threats throughout its infrastructure, from the data center to endpoints. This has resulted in an enhanced and secure banking experience for both the bank and its end users.

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