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Netwrix > Case Studies > Mission Capital Advisors Enhances Data Security and IT Productivity with IoT
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Mission Capital Advisors Enhances Data Security and IT Productivity with IoT

Technology Category
  • Cybersecurity & Privacy - Application Security
Applicable Industries
  • Finance & Insurance
  • National Security & Defense
Applicable Functions
  • Quality Assurance
Use Cases
  • Cybersecurity
  • Tamper Detection
Services
  • Cybersecurity Services
The Challenge
Mission Capital Advisors, a boutique investment bank, faced a significant challenge in proving its reliability to clients by successfully passing at least two audits per month. The company needed to secure personally identifiable information (PII) and financial data of its customers, which was a critical requirement given the sensitive nature of the financial services industry. Additionally, the company sought to gain a better understanding of how users interacted with sensitive data and monitor their activity to prevent misuse. The challenge was not only to secure the data but also to ensure that the access permissions of employees did not exceed their job functions, thereby reducing the risk of data being overexposed or mishandled.
About The Customer
Mission Capital Advisors LLC is a boutique investment bank based in New York, U.S., with additional offices in Florida, California, and Texas. Founded in 2002, the company offers a range of financial advisory services, including residential, commercial, and consumer loan and asset sales; loan syndication; and real estate debt and equity financing advisory services. In addition, it provides commercial mortgage banking and private equity capital raising services. The company operates in the financial services industry and has a strong online presence through its website www.missioncap.com.
The Solution
Mission Capital Advisors chose Netwrix Auditor as their solution, a platform that Patryk, a key decision-maker at the company, was familiar with. The platform enabled him to see administrative-level changes and audit the file shares seamlessly. Netwrix Auditor provided visibility into manipulations with sensitive data, allowing Patryk to review activity around file servers and ensure that employees’ access permissions were in line with their job functions. The software also alerted him to worrisome activity, such as bulk file modifications or deletions. This information was crucial for maintaining security controls required by clients and quickly detecting security incidents. Netwrix Auditor also optimized reporting for audits, reducing the time spent on audits by around 35% every month. The advanced alerting feature of Netwrix Auditor provided visibility into the activity of users, including privileged users like administrators, and helped eliminate guesswork when conducting investigations.
Operational Impact
  • The implementation of Netwrix Auditor has led to significant operational improvements for Mission Capital Advisors. The company has seen improved data security, streamlined auditing, and enhanced IT productivity. The software's advanced alerting feature has provided the company with peace of mind, knowing that any worrisome activity, such as bulk file modifications or deletions, would be promptly flagged. The visibility into user activity, especially privileged users like administrators, has helped the company maintain stringent security controls and quickly detect any potential security incidents. The reduction in time spent on audit preparations has also allowed the company to focus on other important projects, thereby enhancing overall productivity.
Quantitative Benefit
  • 35% reduction in time spent on audit preparations every month
  • Successful passing of at least two audits per month
  • No severe security incidents reported since the implementation of Netwrix Auditor

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