We utilize artificial intelligence for site translations, and while we strive for accuracy, they may not always be 100% precise. Your understanding is appreciated.
Home/
Blog
/
Protecting a Global Bank from Peripheral and…
Financial Services | Customer Stories
Protecting a Global Bank from Peripheral and Removable Media-Borne Threats
How Deep CDR and Multiscanning Technologies Defend Against Malicious Files
Share this Post
About Company: Headquartered in Taipei, this organization is one of the largest banking institutions in Taiwan with roughly 150 branches worldwide.
The bank operates both domestically and internationally offering a wide range of financial services including retail, corporate, and international banking.
What's the Story?: Before OPSWAT came into the picture, the bank's cybersecurity strategy relied on a single antivirus software with limited detection rate. This left them vulnerable to malware attacks hidden on files coming from peripheral and removable media.
Since deploying OPSWAT MetaDefender Kiosk with Deep CDR (content disarm and reconstruction) and Multiscanning technologies, malware-based attacks have been prevented, enabling the team to focus on business continuity. Impressed by the performance of Kiosk, the bank plans to roll out OPSWAT solutions to more branch offices worldwide.
Due to the nature of the business, the name of the organization featured in this story has been kept anonymous in order to protect the integrity of their work.
In today’s fast-paced business world, many enterprises rely on outside vendors using peripheral and removable media to service critical assets and systems that are inside secure networks. It might be an auto manufacturer that depends on outside technicians to periodically update assembly-line programs, a power company that requires regular patches or updates to critical assets to manage the grid, or in this case, a financial institution with offices and branches around the world.
Without robust security measures in place to detect threats from both visiting vendors and employees, enterprises risk exposing themselves to costly malware attacks. A major financial institution in Taiwan faced this exact challenge.
Malware attacks triggered by peripheral and removable media (thumb drives, CD-ROMs, external hard drives, etc.) used by outside vendors to perform updates and regular maintenance on internal network assets were a persistent problem. Remediating these attacks required significant resources, resulting in substantial time and financial losses. Although the bank had deployed a single antivirus engine and basic scanning software for devices and files used by external vendors, these measures proved inadequate.
The single antivirus used by the bank could only scan a few file types and provide a very low detection rate. Their branches also lacked any kind of security solution for corporate customers who might want to transfer/retrieve sensitive information to the bank from a peripheral and removable media source, leaving their network and key assets completely vulnerable.
Banking is very important from the point of view of the (Taiwanese) government, who has placed many compliance and auditing requirements on banking institutions in Taiwan. The government has put big fines on financial institutions in Taiwan (for noncompliance). Banks and insurance companies specifically need to make their best effort to prevent any cyberattacks and cyber-incidents, which is why they want to invest so much in information security.
Lambert Lin
Information Security Consultant
Stopping Threats at the Point of Entry
The bank needed a solution that could detect malware and sanitize any files that might come in through peripheral and removable media before they reached their network. This required a solution that could:
Sanitize files prior to entering the banks’ secure network
Detect a much larger array of threats with multiple antivirus engines
Prevent known and unknown file-based threats
Protect against malware and zero-day attacks
Continuously scan files to future-proof their network as threats continue to evolve
Easy to use and deploy
Realizing they needed outside expertise to help bolster their security, the bank turned to Lambert Lin, an information security consultant. Lin has years of experience, working with enterprises of all sizes to evaluate their cybersecurity measures and provide recommendations to bolster network security.
After evaluating their workflow and security safeguards, Lin recommended that the bank replace their old security measures with OPSWAT MetaDefender Kiosk. Following a proof-of-value period when MetaDefender Kiosk with Deep CDR and Multiscanning technologies was brought into their environment, the bank quickly saw the value of making the switch. The solution fit their operational workflow and enabled the team to achieve their security goals.
Implementing and Enforcing Peripheral and Removable Media Security
Deploying OPSWAT MetaDefender Kiosk with Deep CDR and Multiscanning has provided exceptional value for the bank. It has strengthened their security in ways that other solutions simply cannot:
Scan what you need to: MetaDefender Kiosk can scan more than 20 types of removable media and supports a wide array of file systems.
Stop attacks outside the network: Meta Defender Kiosk scans peripheral and removable media outside of the organization’s network, so any malware is detected before it reaches critical systems.
Prevent file-based threats: Deep CDR technology prevents known and unknown file-based threats, protecting against unknown and zero-day attacks, and generating sanitized files that are safe to use.
+99% detection rate: Our market-leading Multiscanning technology boosts detection rates and slashes outbreak detection times by scanning files with over 30 anti-malware engines at the same time.
Fast results: After implementing MetaDefender Kiosk, the bank saw improved results within the first 30 days.
Cost savings: MetaDefender Kiosk saves time and resources. Teams are now able to focus on their key performance targets instead of remediating removable media driven attacks.
MetaDefender Kiosk - The Simple Way to Stop Malware Attacks
MetaDefender Kiosks are available in several options including models designed for harsh environments that require a ruggedized solution, Desktop based, mobile designs, and mini versions to make peripheral and removable media security more accessible than ever before. Best of all, MetaDefender Kiosks are easy to use - simply insert, process, and review results.
MetaDefender Kiosk controls the flow of data in and out of your organization in just a few simple steps. And since MetaDefender Kiosk helps your organization stay compliant with a broad range of regulations (NERC CIP, NIST 800-53, and more), compliance has never been simpler.
Other notable MetaDefender Kiosk features include:
Country of origin check establishes the true origin of product components and software.
Compliance with IST, HIPAA, PCI DSS, GDPR, NERC CIP, NEI 18-08, ISA/IEC, and ISO/IEC.
Emulation-based sandbox uses adaptive threat analysis technology to deliver power, speed, and efficacy.
A More Secure Perimeter of Defense with MetaDefender Kiosk
Following the success of deployed MetaDefender Kiosks, the bank is now exploring other ways to add OPSWAT technologies at the branch level.
The bank's cybersecurity has greatly improved since using MetaDefender Kiosks to stop malware coming into their network from peripheral and removable media devices.
Attacks Have Ended
Since deploying MetaDefender Kiosks, all malware attacks have stopped.
Cost Savings
Because attacks are prevented before they happen, the bank is spending less time and resources on investigations; saving time and money.
Going on Offense
The bank has transformed from a “reactive” organization to a “proactive” enterprise that is stopping peripheral and removable media problems before they happen.
A Zero Trust Philosophy
Since deploying OPSWAT, the bank has adopted a “zero trust” philosophy that “trusts no file.” This has positively impacted on the business and has allowed the bank to get closer to achieving its business goals.
Compliance
Taking proactive steps to invest in the right technology is helping the bank comply with stricter government regulations.
Expanding Security
The bank was so impressed by MetaDefender Kiosks’ performance that they plan to extend OPSWAT solutions to their 140+ branch offices worldwide.
As the threat landscape evolves, organizations must adapt. As Mr. Lin pointed out, threats against financial institutions and other enterprises are continuing to increase and become more complex. In short, those bent on doing harm to organizations are getting better at doing so all the time. But by deploying OPSWAT technology, executives at one of Taiwan’s largest banks are sleeping well at night knowing that their network is fully protected.
To see how OPSWAT’s innovative solutions can keep your critical infrastructure secure, talk to an expert today.
