Proactive Security Playbooks for
Financial Services
Problem
The 2021 Verizon Data Breach Incident Report paints a clear picture of the root cause of thousands of cybersecurity incidents. In 61% of breaches, attackers start with compromised account credentials. As Elevate Security’s recent research study by Cyentia Institute revealed, account compromise will occur at some point either at the department and organizational level.
In the Financial Services sector, fully 56% of attackers were external actors. While 44% were insiders making unintentional mistakes. These honest human errors rose the most, up from about 20% in 2017. Financial motives were behind an incredible 96% of the attacks against Financial organizations, with 83% of reported incidents compromising personal or customer data.
The Elevate Platform provides a new data view an proactive playbooks to help you uncover an address risks you haven't been able to see before.
Solution
Elevate Security mitigates critical risks to Financial Institutions with 5 key functions:
Visibility
We build individual risk profiles of every user in your extended enterprise and their likelihood of falling for a ransomware attack.
Decision Support
The Incident Response team, Helpdesk, and security analysts receive insights into human risk to make educated and defensible decisions.
Control Orchestration
We automate the workflow of creating risk-appropriate profiles for targeted individuals. Controls can be tightened or loosened by Elevate pushing updates to email/web gateways or endpoint security tools as needed.
Employee Feedback & Executive Communication
Automated notifications inform your riskiest, targeted users about how to improve. We warn them to be on the lookout for malware or phishing attacks so they stay on their toes.
Continuous Improvement
You can re-evaluate your data loss posture continuously, tracking the effectiveness of your tool and technology investments.
Get Proactive Playbooks with Tailored Controls with the Elevate Platform
Elevate Security provides Tailored Security to optimize controls on individuals based on how much risk they present to the Human Attack Surface. Instead of “one-size-fits-all” lockdowns, individual controls are set based on an employee’s past actions, level of access, and how frequently they are targeted.
Benefit / Impact
The Elevate Security Platform delivers visibility and control over your attack surface using data you already collect to shine a light on your biggest risks. The security team understands who in your organization is most likely to fall for a ransomware attack. We help you to disrupt the likelihood of ransomware downloads, account takeover, and data loss, keep all necessary controls up to date automatically, and actively manage your security posture over time. You can protect your risky, targeted employees... while relaxing restrictions around the rest.
