Banking success story

Strengthened Data Security & Financial Regulations Compliance

Exeon.NDR enhanced PostFinance’s cybersecurity with seamless integration, full IT visibility, and advanced threat detection without hardware sensors. This future-proof solution met strict regulatory standards while protecting one of Switzerland’s leading financial institutions from sophisticated threats.

Initial situation

PostFinance’s business context

PostFinance is one of Switzerland’s leading retail financial institutions. Founded in 1906, it is the financial services unit of the Swiss Post. As a market leader with 1.4 billion payment transactions a year, it ensures a seamless flow of liquidity on a daily basis.

PostFinance was declared a “systematically important” financial institution by the Swiss National Bank, meaning it must follow special regulations regarding liquidity and equity, as well as data security.

Challenges

Overcoming cybersecurity hurdles with Exeon's expertise

The crucial considerations around implementing a security monitoring solution in our customer’s highly virtualized IT infrastructure included:

Far-reaching requirements of the Swiss Financial Market Supervisory Authority
Best-of-breed approach with various interfaces to surrounding systems
Mirroring the whole network traffic was typically not an option
Broad evaluation of leading suppliers with high costs and overlapping functionalities
Customer journey

How Exeon.NDR delivered value

Proof of concept

Exeon was the most successful throughout the tested use cases in the Red Team proof of concept including lateral movements, domain-generation algorithms, hidden DNS channel, Command & Control channels, and various threat hunting cases.

Integration

Deep integration of Exeon.NDR in the multi-faceted protection of PostFinance core systems without additional hardware nor sensors.

Visibility

Complete visibility into the highly virtualized IT infrastructure established, as well as a close and trustful collaboration of Exeon and PostFinance teams.

Data for defense

The customer benefits from easy navigation through historic log data for complete visibility directly in the Exeon.NDR interface, thanks through a graph database that reduces the required storage.

Ongoing support

Throughout the multi-year software licensing, the customer experiences Exeon’s new features, detection capabilities and updates. The support team facilitates the ongoing developments and trainings for continued, optimal protection.

Results

Cybersecurity excellence unlocked

Highly integrated Network Detection & Response protecting the customer’s multi-faceted core systems.
Continuous, real-time monitoring of industry-specific assets, such as ATMs.
Protected server infrastructure via one holistic view of their network.
Ongoing support in integrating Exeon.NDR in the customer’s wider technological stack and security architecture.
Easy navigation of historic log data for complete visibility thanks to a graph database that reduces the required storage.
Automatic reporting and documentation generated for compliance to the various regulations.
Testimonials

What our customer says

“PostFinance has chosen Exeon.NDR because of its open and future-proof architecture. Not needing any hardware sensors and being able to control data flows, we didn't have to make any significant changes to our existing infrastructure. We are also convinced by the cooperation with the competent and technically outstanding Exeon team.”
Head of IT Security, PostFinance
Exeon.NDR in action

Financial sector: Monitoring ATM machines continent-wide

ATM machines are very closed machines by default, so monitoring them is quite difficult as you cannot install any agent on them. Hence, the Exeon team used a different approach—an example of how extended logs in Exeon.NDR are used to create completely new use cases and solve even complex requirements in a very simple way.

See how Exeon detects cyber threats for financial institutions

We specialize in cybersecurity for the financial sector—speak with our experts for a solution tailored to your needs.