Case Studies > Global Investment Firm Bolsters Security with Modern SaaS SIEM

Global Investment Firm Bolsters Security with Modern SaaS SIEM

Company Size
1,000+
Country
  • United States
Product
  • Sumo Logic Continuous Intelligence Platform™
Tech Stack
  • SaaS
  • Security Operations Center (SOC)
  • Automated Threat Detection
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Customer Satisfaction
  • Digital Expertise
  • Productivity Improvements
Technology Category
  • Analytics & Modeling - Real Time Analytics
  • Cybersecurity & Privacy - Security Compliance
  • Platform as a Service (PaaS) - Connectivity Platforms
Applicable Industries
  • Finance & Insurance
Applicable Functions
  • Business Operation
  • Quality Assurance
Use Cases
  • Intrusion Detection Systems
  • Predictive Maintenance
  • Remote Asset Management
Services
  • Cloud Planning, Design & Implementation Services
  • Cybersecurity Services
  • System Integration
About The Customer
The customer is a global investment firm with five offices worldwide. The firm operates in the financial industry and has a dedicated five-person security team led by a chief information security officer (CISO). The team is focused on protecting financial data and ensuring the security of the firm's network. The senior security engineer is responsible for security operations, investigations, and threat hunting. The firm needed a solution that would offer more visibility into their network, improve efficiency, and provide the context needed to make confident and speedy decisions to stay ahead of attackers. The firm was using a homegrown solution that was time-consuming, inefficient, and unable to meet their needs, prompting them to search for a better solution.
The Challenge
A global investment firm with five offices worldwide faced significant cybersecurity challenges. The firm's five-person security team, led by a chief information security officer (CISO), was tasked with protecting financial data. The senior security engineer, responsible for security operations, investigations, and threat hunting, needed an automated tool to help prioritize alerts and provide end-to-end network visibility. The existing homegrown solution was time-consuming, inefficient, and unable to meet the firm's needs. The team sought a solution that would offer more visibility into their network, improve efficiency, and provide the context needed to make confident and speedy decisions to stay ahead of attackers.
The Solution
The firm engaged with Sumo Logic to determine if its security operations center (SOC) platform could meet their needs. After deciding that Sumo Logic was the right solution, it was deployed easily within the firm's environment, adding value within a week. Sumo Logic allowed the senior security engineer to tap into network data in real-time, providing insights that other solutions were missing. The platform integrates seamlessly with the firm's existing security stack, offering improved insights and more context around threat alerts. Sumo Logic provides complete network visibility, collects data on all traffic, and analyzes alerts into a prioritized list of insights. These insights notify the team of activities requiring attention and add context to give a more complete picture of each threat's business impact, speeding up response times. The dashboard shows visual representations of patterns and timelines, enabling quick analysis of trends for improved decision-making.
Operational Impact
  • Sumo Logic empowered the firm's security team to reach new levels of efficiency and effectiveness, ensuring better protection of sensitive data.
  • The platform's scalability and SaaS delivery model allowed rapid expansion to the firm's global offices without significant budget increases or time-consuming customization.
  • The senior security engineer now receives improved insights and context around threat alerts, enhancing decision-making and response times.
  • The dashboard's visual representations of patterns and timelines enable quick analysis of trends, further improving decision-making.
  • Sumo Logic's integration with the existing security stack provided real-time network data and insights that were previously missing.
Quantitative Benefit
  • Sumo Logic was deployed within a week, adding value almost immediately.
  • The firm's security team, consisting of five members, was able to improve efficiency and effectiveness significantly.
  • The platform's scalability allowed rapid expansion to five global offices without significant budget increases.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.