Fortune 200 Asset Management Company Protects Customer Wealth from Email Threats
Company Size
1,000+
Region
- America
Country
- United States
Product
- Microsoft 365
- Cisco ESA (IronPort)
- FireEye
- Abnormal Security
Tech Stack
- Email Security Gateway
- Multi-Factor Authentication
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Brand Awareness
- Customer Satisfaction
- Digital Expertise
Technology Category
- Cybersecurity & Privacy - Identity & Authentication Management
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Services
- Cybersecurity Services
- System Integration
About The Customer
The customer is a Fortune 200 company that operates in the insurance and asset management industry. As a leader in these fields, the company is responsible for managing significant assets and ensuring the security of its customers' wealth. The company has a large workforce and a substantial number of protected mailboxes, indicating a broad operational scale. Given the nature of its business, the company places a high priority on cybersecurity to protect both its employees and customers from cyber threats. The company is based in the United States and has implemented various security measures to safeguard its operations.
The Challenge
After experiencing thousands of credential phishing attacks and a number of successful account takeovers, where threat actors would gain access to employee email accounts, this insurance company knew they needed additional protection for their Microsoft 365 environment. Despite having a secure email gateway and other additional protections, they were still uncomfortable with the number of advanced email attacks bypassing their security infrastructure. They faced missed attacks by Cisco ESA (IronPort) and FireEye, multiple compromised accounts circumventing multi-factor authentication, and numerous BEC attacks impersonating executives. They wanted an additional layer of protection to prevent employees from falling victim to social engineering attacks.
The Solution
They chose Abnormal Security due to the visibility it provided into their email environment, the number of advanced email threats it detected, and the number of compromised accounts it remediated. Abnormal Security offered an added layer of security, enhancing their existing infrastructure. The solution was implemented within 15 minutes and immediately found one compromised account on the first day. This rapid deployment and immediate impact demonstrated the effectiveness of Abnormal Security in providing robust protection against business email compromise and account takeovers. With this added layer of security, the company is better protected from advanced email threats, ensuring the safety of their operations and customer assets.
Operational Impact
Quantitative Benefit
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