Bank Leumi Switzerland: Enhancing Data Security with IoT
Technology Category
- Automation & Control - Human Machine Interface (HMI)
- Cybersecurity & Privacy - Security Compliance
Applicable Industries
- Finance & Insurance
- National Security & Defense
Applicable Functions
- Logistics & Transportation
- Quality Assurance
Use Cases
- Inventory Management
- Tamper Detection
Services
- System Integration
- Training
About The Customer
Bank Leumi Switzerland is the international private banking center for the Leumi Group. The bank manages the assets of more than 4,500 clients in over 80 countries. The Leumi Group currently has more than 317 branches and representations across 21 countries worldwide, including some of the world’s leading financial centers. The bank is responsible for ensuring the confidentiality and security of all external communications, and it is tasked with upholding customer confidence and corporate reputation through data loss prevention of critical business and customer information.
The Challenge
Bank Leumi Switzerland, an international private banking center for the Leumi Group, faced a significant challenge in upholding customer confidence and corporate reputation through data loss prevention of critical business and customer information. The bank, which manages the assets of over 4,500 clients in more than 80 countries, needed to ensure it met and exceeded government regulatory compliance standards while enforcing company security requirements. The bank was also tasked with proactively preventing data loss and instilling best practices by adding an additional layer of security to its communications policy. This included maintaining customer confidence and the bank's reputation, increasing visibility into the flow of external email traffic to further protect sensitive data, preventing the loss and distribution of confidential customer data, and thwarting unauthorized and potentially harmful communication practices.
The Solution
Bank Leumi Switzerland turned to Check Point Solutions for their Data Loss Prevention (DLP) solution and Smart-1 5 Appliance and SmartEvent Software Blade. The DLP solution enabled the bank to secure sensitive corporate data from unintentional loss and improve security management and network visibility. The bank was able to enhance its policies and prevent unintentional loss and distribution of sensitive business and customer information through monitoring, detecting, and tracking external communications. The Check Point Smart-1 appliance allowed the bank to centrally manage and enforce policies across its entire Check Point security infrastructure, eliminating the complexity and cost of working with multiple management interfaces. The SmartEvent Software Blade simplified reporting by enabling the bank to see all events and logs in a single GUI for easy correlation and identification.
Operational Impact
Quantitative Benefit
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