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Exeon Analytics AG

Grubenstrasse 12
CH-8045 Zürich
Switzerland

ExeonTrace supports Cyber Resilience of Financial Service Firms

Financial institutions are constantly introducing innovations and new technologies in order to maintain competitive advantage and serve client expectations. Touchless transactions, automated operations, FinTech technologies, focus on omnichannel and other technology-related services are shaping the finance industry worldwide, providing financial institutions with new opportunities to strengthen customer relations, enhance experiences and develop new business models.

This ever-changing landscape provides cyber attackers with opportunities to compromise operation systems. Today’s threats are more diverse and sophisticated than ever before, requiring a holistic view on securing critical systems and data.

Customer trust and the protection of customer data are of major importance to financial institutions. As credential and identity theft continues to rise, financial institutions are required to further enhance their cyber protection measures.

Looking holistically at the cyber protection architecture, a Network Detection & Response solution plays an increasingly important role to address the various business challenges of financial institutions.

Finance Industry Challenges

Omnichannel

According to a McKinsey report, as much as 80% of customer touchpoints have moved to the digital environment. ATMs, e-banking, m-banking, chatbots, social media interactions and elements of the omnichannel platform widely expose systems to cyber threats.

This increasing use of digital technologies also enhances requirements of the protection systems. 

Personal data security

Personal data is considered as a keystone to cyber attackers. Cyber criminals search for vulnerabilities to exploit, compromise, destroy or monetize sensitive information exposing financial institutions to business and reputation risks. 

 

Improving customer experience

Customers want to access their information and fulfill operations wherever they are, whenever it suits them and via the channel they prefer to use.

The customer experience is an increasingly important competitive advantage of finance institutions. However, the extensive use of digital solutions also create entry doors for unwanted intruders.

Extensive regulations

Finance institutions all over the world are required to meet compliance standards, regulatory and legal requirements. These regulations typically also address the security set-up of financial institutions, demanding for an increasingly high level of sophistication. In this holistic security architecture, the monitoring of network data plays a growingly important role

Our Solution for the Financial Sector

Circular diagram of the benefits of ExeonTrace: Visibility, Detection, and Response

Taking these challenges and opportunities of the financial industry into consideration, the ExeonTrace Network Detection & Response (NDR) platform is the smart way to strengthen your cyber security. Being able to detect any breach within hours, ExeonTrace is an extremely powerful solution for keeping overly sensitive clients’ data safe. The AI-based algorithms give you full visibility over your network’s data flows, automatically detect suspicious behavior, and efficiently support your security team in assessing and eliminating cyber threats before any damage is done.

Considering the specific requirements of the financial sector, ExeonTrace was created by data scientists, machine learning experts, white hat hackers and network security specialists. Our software is based on years of research at ETH Zurich, one of the world’s leading tech universities and was further developed with industry experts from the financial sector. Swiss ingenuity for smart cyber protection.

Why ExeonTrace

ExeonTrace’s smart approach and lean architecture leverage your existing infrastructure, without requiring additional sensors or agents, hereby giving you a fuller picture, making deployment and maintenance easy,
and ensuring great scalability.

 

Rapid Deployment:
Software-based. No sensors or agents needed. Ready in hours.                  

Total Visibility:
Through the integration of ExonTrace all sites and networks can be monitored. With the Algorithm-driven threat scoring, the network is constantly monitored and advanced attacks are immediately reported by an alert.

Vigorous Detection:
Powerful AI and proven algorithms.                              

Effective Response:
Quick assessment, investigation & hunting.                   

Clever Data Handling:
Flow data collection (NetFlow) from different locations distributed all over the world. Using NetFlow data makes the solution very lightweight, reducing the bandwidth needed for the analysis

Future-Proof: Ready for increasing traffic and encryption.              

Trusted by

Head IT Security, PostFinance AG

«PostFinance has chosen ExeonTrace 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.»

Peter Hagen, CIO Planzer Transport

«I’m highly impressed by the technical abilities of this Network Detection & Response solution. I can definitely sleep better knowing that we have ExeonTrace in our network.»

Nils Planzer, CEO & Owner Planzer

«As CEO and owner of a fast moving logistics company, I cannot afford any system interruptions due to cyber incidents. With ExeonTrace, we have found a Swiss solution to monitor our network and quickly detect cyber threats.»

Dietmar Kolasch, Head Infrastructure & Applications 3 Banken IT

«We especially appreciate the comprehensive network visibility that ExeonTrace offers us. The anomaly detection is also extremely accurate and allows our analysts to focus on the essential threats.»

Uwe Störrlein, Co-CEO Alabus

«As Co-CEO of alabus, a hidden champion in the field of business process optimization, protecting the data of our Swiss and international customers is of utmost importance to me. I rely on ExeonTrace to do this and am excited about how this solution helps us understand and secure our network.»

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