Download PDF
Insurance Company Streamlines Data Security with Imperva Sonar, Reducing Administrative Effort by 90%
Technology Category
- Cybersecurity & Privacy - Database Security
- Infrastructure as a Service (IaaS) - Cloud Databases
Applicable Industries
- Finance & Insurance
- National Security & Defense
Applicable Functions
- Quality Assurance
Use Cases
- Cybersecurity
- Tamper Detection
Services
- Cybersecurity Services
- System Integration
The Challenge
The North American insurance company, with a history of 150 years, was facing a significant shift in its security strategy. As the company grew, so did the pressures of regulations and customer expectations, leading to a shift from compliance to security use cases. The company's customers were increasingly considering their own potential risks when determining what insurance services to use. This, combined with the added complexity of regulations such as GDPR, CCPA, and NYFDS, and the very visible data breaches in the news, made it critical for the company to stay ahead of it. The company was using IBM Guardium™ Database Activity Monitoring (DAM) for data compliance and governance. However, the new security emphasis created a significant focus on proactively managing the detection and prevention of unauthorized activities around sensitive data. This led to a re-evaluation of the IBM Guardium™ tool for its data security potential. The company needed a solution that could cover additional databases that Guardium™ did not support, eliminate the manual labor that traditionally comes with security incident response, and provide easy access to long-term audit information for reporting and forensic investigation.
About The Customer
The customer is a 150-year-old North American company specializing in property and casualty insurance. The company's security strategy is managed by its information security group, with the responsibility for complying with security policies falling to each of the 35 individual business units, which the information security group supports. As the company continued to grow, it faced increasing pressures from regulations and customer expectations, leading to a shift in focus from compliance to security use cases. The company's customers were increasingly considering their own potential risks when determining what insurance services to use, making it critical for the company to stay ahead of security threats.
The Solution
The company chose to implement Imperva Sonar as the best option to meet these requirements, optimize their current investment in Guardium™, and accelerate their approach to data security. The Imperva Sonar platform reduces the costs of Guardium™ while expanding capabilities. The platform leverages agentless collection methods to deliver greater database coverage, reduce manual operations, and provide richer, actionable security intelligence. For companies with mature database security programs, Imperva Sonar can integrate seamlessly with existing investments in IBM Guardium™, saving money on hardware and operations costs, while gaining threat intelligence and comprehensive support for cloud databases. The insurance company migrated a majority of its manual reporting operations into automated workflows driven by Imperva Sonar. This change alone has reduced their administrative workload by 90% and lets them focus on introducing more advanced security practices.
Operational Impact
Quantitative Benefit
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
Data Capture for Afghanistan Forces
Electronic equipments on the field of Afghanistan provided information on the status of the vehicle and to identify potential threats surrounding it to the British Force. The monitoring and interpretation of this data requires robust and sophisticated digitization for data capture and communication.
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.