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Vectra AI Inc. > Case Studies > Commodities trader finds sweet spot with AI-powered threat detection
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Commodities trader finds sweet spot with AI-powered threat detection

Technology Category
  • Analytics & Modeling - Real Time Analytics
  • Cybersecurity & Privacy - Network Security
Applicable Industries
  • Agriculture
  • Food & Beverage
Applicable Functions
  • Business Operation
  • Discrete Manufacturing
Use Cases
  • Cybersecurity
  • Real-Time Location System (RTLS)
Services
  • Cybersecurity Services
  • Data Science Services
The Challenge
ED&F Man Holdings, a commodities trading company, faced a significant challenge in mitigating cybersecurity risks. A security incident several years ago served as a wake-up call to the increasing success of cyberattacks. An independent assessment indicated that the company needed to significantly step up its cybersecurity processes, tools, and people. The company undertook a complete security transformation. Carmelo Gallo took over as the cybersecurity manager to protect the operations of the $10 billion company that has a presence in 60 countries. A focus on next-generation security technology, integration, and automation has rapidly accelerated the company’s security maturity.
About The Customer
ED&F Man Holdings has been trading sugar, coffee, molasses, and animal feed since the late 1700s. The company sources, stores, ships, and distributes agricultural products around the world. It also helps customers and suppliers manage pricing risk through hedging and acts as a broker for hedge funds and professional traders. The company operates in 60 countries and has a presence in 140 offices and multiple data centers. It has a significant role in the commodities trading industry, with a focus on agricultural products.
The Solution
The Cognito platform from Vectra was a foundation of the ED&F security transformation. The platform collects and stores the right network metadata and enriches it with unique security insights. Cognito Detect uses security-enriched metadata and sophisticated machine learning techniques to detect and prioritize attacks in real time. ED&F also deployed next-generation endpoint detection and response and easily integrated its insights via the Cognito REST API. High and critical alerts from Cognito Detect are fed directly to its managed SOC provider, ensuring that security teams on three continents are working from a single source of truth. The company is also exploring Cognito’s new suite of Privileged Access Analytics (PAA) detection models, which monitors the interactions between user accounts, services, and hosts.
Operational Impact
  • Integrated network detection and response, endpoint detection and response, and security analytics to streamline SOC operations
  • Quickly identify and prioritize the highest-risk threats to stop attacks faster
  • Cut investigation time from hours to minutes
Quantitative Benefit
  • Reduced priority alerts from 800 to five per month
  • Cut investigation time from hours to minutes

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