LogRhythm for Banking and Finance

Banks and other financial institutions face many challenges in securing their networks and satisfying an extensive list of compliance requirements, such as Gramm-Leach-Bliley (GLBA) and Sarbanes Oxley (SOX). In order to meet these governmental requirements, financial organizations must take extra steps to secure their customers’ information. 

Challenges include:

  • Extensive auditing requirements tied to industry regulations

  • Difficulty pinpointing fraudulent activity among thousands of users

  • Proliferation of potential access points to the network due to:

    • Growing reliance on web applications for business operations

    • Increasingly large remote or distributed workforce

    • Rapid proliferation of bring your own device (BYOD)

  • Stringent long term data retention requirements of up to 7 years

  • Limited visibility into comprehensive user activity to protect against insider threats

  • Lack of tools for monitoring privileged users with access to sensitive data

LogRhythm provides out-of-the-box Compliance Automation Suites to help enterprises comply with these requirements, delivering automated reports, forensic investigations and real-time alerts that map directly to specific mandates.  It enables banks and other financial institutions to meet some of the more stringent requirements, like retaining and providing access to archived log data for up to seven years.  LogRhythm makes it easy to not only securely keep that data for long periods of time, with portable, highly compressed storage capabilities, it also makes recovering the data for auditors simple, through a quick, wizard-based recovery process.  

LogRhythm delivers:

  • Out-of-the-box Automation Suites

    • Sarbanes Oxley (SOX)

    • Gramm-Leach-Bliley (GLBA)

    • PCI DSS

    • Privileged User Monitoring

    • Web Application Defense

  • Powerful, rapid forensics

  • Comprehensive user activity monitoring

  • Automated behavioral and statistical analysis

    • Wizard-base, rapid retrieval

  • Extensive advanced correlation and pattern recognition

    • Anti-fraud

    • Insider threat detection

    • Protection from advanced threats

  • Industry leading archiving capabilities

    • Secure and compressed

    • Digital chain-of-custody

    • Archive anywhere for maximum flexibility

  • SmartResponseTM for automated cyber threat defense

Customer Use Cases:

Financial Services Company Replaces LogLogic with LogRhythm 

Financial Services Company Improves SLAs Through Better Correlation  

S&P 500 Banking Company