Download PDF
Arctic Wolf Helps Trimont Real Estate Advisors Achieve Global, 24• 7 Cybersecurity Coverage to Give Clients the Confidence and Assurance They Need
Technology Category
- Cybersecurity & Privacy - Endpoint Security
- Cybersecurity & Privacy - Network Security
- Cybersecurity & Privacy - Security Compliance
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
- Quality Assurance
Use Cases
- Cybersecurity
- Regulatory Compliance Monitoring
- Remote Asset Management
Services
- Cybersecurity Services
- System Integration
- Training
The Challenge
Trimont Real Estate Advisors faced significant challenges in providing 24x7 security monitoring for their global enterprise. Their previous in-house security solution was unsustainable due to the overwhelming number of alerts, many of which were false positives. This made it difficult for the security staff to distinguish between major issues and simple noise. Additionally, the previous solution was difficult to manage across Trimont’s global footprint, which includes offices in North America, Europe, and Australia. The high stakes of commercial real estate, combined with a complex web of local, federal, and financial industry regulations, made robust cybersecurity a mission-critical requirement for Trimont. The firm needed a solution that could effectively monitor their environment and allow their in-house security staff to focus on higher-value initiatives.
About The Customer
Trimont Real Estate Advisors LLC specializes in the asset management of complex performing and nonperforming credit on behalf of commercial real estate lenders and investors around the world. The company operates from major offices worldwide, including locations in Amsterdam, Atlanta, Dallas, Kansas City, London, Los Angeles, New York, and Sydney. Trimont works with commercial real estate lenders globally to help manage their risk and returns. Given the high stakes involved in commercial real estate, where deals worth tens or even hundreds of millions of dollars are common, robust cybersecurity has become a mission-critical requirement for the company. Trimont's clients, which include Fortune 500 financial service firms, demand constant, effective monitoring and logging of networks that access or host their data to ensure its security.
The Solution
To address their cybersecurity challenges, Trimont Real Estate Advisors chose Arctic Wolf® Managed Detection and Response (MDR) as their security operations partner. Arctic Wolf provided the scale and technical ability to effectively monitor Trimont’s environment, allowing the company’s in-house security staff to focus on higher-value initiatives. The Arctic Wolf MDR solution offers 24x7 threat monitoring for all of Trimont’s offices around the globe. A Concierge Security® Team of security experts acts as the first line of defense, in conjunction with 5Q Cyber, a leading provider of cybersecurity solutions for the commercial real estate industry. This setup allows Trimont’s team to focus on other tasks, including strategic initiatives and even getting a good night's sleep. Regular reporting with security scoring enables Trimont’s Security Steering Committee and executive management to measure progress, understand risks, and prioritize investments. Monthly meetings between Trimont, Arctic Wolf, and 5Q Cyber focus on solving specific technical issues and brainstorming solutions to strategic cybersecurity concerns. This collaboration has been beneficial, as it allows for knowledge sharing and the implementation of best practices from other customers.
Operational Impact
Related Case Studies.
Case Study
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Case Study
Safety First with Folksam
The competitiveness of the car insurance market is driving UBI growth as a means for insurance companies to differentiate their customer propositions as well as improving operational efficiency. An insurance model - usage-based insurance ("UBI") - offers possibilities for insurers to do more efficient market segmentation and accurate risk assessment and pricing. Insurers require an IoT solution for the purpose of data collection and performance analysis
Case Study
Smooth Transition to Energy Savings
The building was equipped with four end-of-life Trane water cooled chillers, located in the basement. Johnson Controls installed four York water cooled centrifugal chillers with unit mounted variable speed drives and a total installed cooling capacity of 6,8 MW. Each chiller has a capacity of 1,6 MW (variable to 1.9MW depending upon condenser water temperatures). Johnson Controls needed to design the equipment in such way that it would fit the dimensional constraints of the existing plant area and plant access route but also the specific performance requirements of the client. Morgan Stanley required the chiller plant to match the building load profile, turn down to match the low load requirement when needed and provide an improvement in the Energy Efficiency Ratio across the entire operating range. Other requirements were a reduction in the chiller noise level to improve the working environment in the plant room and a wide operating envelope coupled with intelligent controls to allow possible variation in both flow rate and temperature. The latter was needed to leverage increased capacity from a reduced number of machines during the different installation phases and allow future enhancement to a variable primary flow system.
Case Study
Automated Pallet Labeling Solution for SPR Packaging
SPR Packaging, an American supplier of packaging solutions, was in search of an automated pallet labeling solution that could meet their immediate and future needs. They aimed to equip their lines with automatic printer applicators, but also required a solution that could interface with their accounting software. The challenge was to find a system that could read a 2D code on pallets at the stretch wrapper, track the pallet, and flag any pallets with unread barcodes for inspection. The pallets could be single or double stacked, and the system needed to be able to differentiate between the two. SPR Packaging sought a system integrator with extensive experience in advanced printing and tracking solutions to provide a complete traceability system.
Case Study
Transforming insurance pricing while improving driver safety
The Internet of Things (IoT) is revolutionizing the car insurance industry on a scale not seen since the introduction of the car itself. For decades, premiums have been calculated using proxy-based risk assessment models and historical data. Today, a growing number of innovative companies such as Quebec-based Industrielle Alliance are moving to usage-based insurance (UBI) models, driven by the advancement of telematics technologies and smart tracking devices.
Case Study
MasterCard Improves Customer Experience Through Self-Service Data Prep
Derek Madison, Leader of Business Financial Support at MasterCard, oversees the validation of transactions and cash between two systems, whether they’re MasterCard owned or not. He was charged with identifying new ways to increase efficiency and improve MasterCard processes. At the outset, the 13-person team had to manually reconcile system interfaces using reports that resided on the company’s mainframe. Their first order of business each day was to print 20-30 individual, multi-page reports. Using a ruler to keep their place within each report, they would then hand-key the relevant data, line by line, into Excel for validation. “We’re talking about a task that took 40-80 hours each week,” recalls Madison, “As a growing company with rapidly expanding product offerings, we had to find a better way to prepare this data for analysis.”
