Standard Bank of South Africa Ltd Case Study
Company Size
1,000+
Region
- Africa
Country
- South Africa
Product
- Retina vulnerability management solution
Tech Stack
- Network scanning
- Web application scanning
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
Technology Category
- Cybersecurity & Privacy - Network Security
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Cybersecurity
Services
- Cybersecurity Services
About The Customer
Standard Bank of South Africa Ltd is one of the largest financial institutions in South Africa. The bank offers a range of banking and related financial services across sub-Saharan Africa. The bank's services include personal and business banking, corporate and investment banking, wealth management, and insurance. The bank operates in multiple countries across Africa and is committed to adhering to international security and compliance standards.
The Challenge
Standard Bank of South Africa Ltd purchased the Retina vulnerability management solution to reduce the risk of security breaches, shrink the organization’s attack surface, and meet compliance regulations. The bank needed a solution that could provide visibility into exposures across multiple layers of infrastructure, profile previously unknown assets on the network, report risk to IT administrators, management and/or auditors, and identify and prioritize remediation tactics.
The Solution
The bank implemented the Retina vulnerability management solution from BeyondTrust. The solution offers agentless network scanning and web application scanning capabilities, which the bank uses frequently. The solution helps the bank address compliance regulations such as ISO-27002 and PCI DSS. The bank evaluated other vendors including McAfee, Qualys, and Tenable before choosing BeyondTrust. The bank found BeyondTrust's capabilities in asset discovery and profiling, remote, agent-less vulnerability scanning, remediation guidance, reporting and analytics, and customer service to be differentiated from the competition.
Operational Impact
Quantitative Benefit
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