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Case Studies > Lean, nimble security teams scales to enterprise-grade

Lean, nimble security teams scales to enterprise-grade

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
  • Intrusion Detection Systems
Services
  • Cloud Planning, Design & Implementation Services
  • Cybersecurity Services
  • System Integration
The Challenge
Kyriba, a global treasury management solution provider, faced the challenge of maintaining world-class cybersecurity operations to protect its multinational cloud-based infrastructure. With stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, Kyriba needed to ensure robust security measures. The company aimed to achieve enterprise-grade security results with a lean security team, necessitating the use of intelligent automation to offload monitoring and triaging duties.
About The Customer
Kyriba is a global treasury management solution provider headquartered in San Diego, California, with offices in New York, Paris, Tokyo, the U.K., and Singapore. The company offers fully virtualized and cloud-based cash management solutions to over 2,000 client companies worldwide. Kyriba's clients rely on its innovative solutions for optimizing cash and liquidity management, tracking financial transactions, monitoring and controlling payments, detecting fraudulent activities, and matching accounting balances. The company adheres to stringent regulatory compliance requirements, including GDPR, CNIL, and SWIFT connectivity standards, and meets SOC 1 and SOC 2 Type II auditory reporting standards. Kyriba's security team, led by Kevin Bailey, Director of the Cyber Defense Center, is tasked with building a cybersecurity program that spans the globe and meets the financial industry's strictest standards.
The Solution
Kyriba implemented the Respond Analyst to enhance its cybersecurity capabilities. The Respond Analyst's intelligent automation allowed Kyriba to offload monitoring and triaging duties, achieving enterprise-grade security results with a lean security team. The software's deep industry knowledge and long-term experience impressed Kyriba's IT leaders during proof-of-concept testing. The Respond Analyst integrated seamlessly with Kyriba's existing cloud-based security stack, including Palo Alto Networks IDS/IPS, McAfee Endpoint Antivirus, and Splunk SIEM. The integration was facilitated by APIs, enabling smooth communication between Splunk and the Respond Analyst. Kyriba installed the Respond Analyst in its AWS instance, ensuring secure cloud-to-cloud data transfer. The deployment process was rapid, with the team directing data sources to the Respond Analyst in February 2019 and going live by the following month. The Respond Analyst quickly demonstrated its effectiveness by identifying vulnerability scanners and device misconfigurations during an internal red team exercise.
Operational Impact
  • Kyriba's security team experienced increased efficiency and effectiveness, allowing them to spend more time on threat hunting, incident response, and remediating vulnerabilities.
  • The Respond Analyst provided 24/7 coverage with human analysts working only from seven a.m. to seven p.m., and an on-call incident responder attending to escalations overnight.
  • The security team reported a significant boost in morale, as they no longer feared missing critical events and felt more confident in their work.
Quantitative Benefit
  • 9 incidents escalated out of 138M events monitored with 100% accuracy.
  • The equivalent of 2,000 security analysts added to the Kyriba team.
  • 24/7 extended coverage achieved.

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