Posted
Many financial institutions face a constant influx of data from IOCs, open-source feeds, and internal sources that makes it difficult to consolidate and automate intelligence into actionable insights.
Without a unified approach to threat intelligence, however, teams can miss critical threats and waste valuable resources on false positives. This is especially risky in a threat landscape where 65% of financial services companies report being hit by ransomware alone in 2024.
ThreatConnect works with financial institutions to address these challenges by aggregating intelligence from diverse sources, automating workflows, and providing clear insights into threat actors. By centralizing all threat data in one platform, financial organizations can reduce alert fatigue, accelerate decision-making, and respond faster to emerging risks.
Read on to learn how three organizations leverage ThreatConnect to overcome these pain points and enhance their cybersecurity posture.
A Global Credit Union Reduces Alert Fatigue for Faster Threat Response
A member-owned, not-for-profit global credit union with a strong emphasis on reliability and integrity knew that its slow response and remediation of threats put its reputation with customers at risk. It needed a way to better identify and mitigate threats quickly—without overwhelming SOC teams with alerts—to improve its security posture.
The credit union chose to leverage ThreatConnect so its security teams could quickly aggregate and analyze intelligence, reduce alert fatigue, and respond to the most critical threats. With ThreatConnect’s unified threat library, the credit union can access intel collected and analyzed from open-source, commercial, and internal sources. ThreatConnect’s automated threat scoring increases intel reliability while minimizing noisy indicators and false positives that otherwise slow analysts down.
With the help of ThreatConnect, the credit union estimates it saves more than $1 million annually while reducing its mean-time-to-detect and mean-time-to-respond to malicious activity by up to 99%.
Learn more about how this organization operationalized its threat intel for faster, more efficient threat response.
A Top Canadian Financial Institution Uses ThreatConnect’s AI for Faster, More Precise Threat Intel
This financial services institution knew that a strong, agile cybersecurity program was critical for its mission to deliver secure and resilient payment services across Canada. However, it struggled to detect and respond to cyber threats due in part to an overreliance on manual processes.
The organization decided to partner with ThreatConnect to operationalize its threat intelligence program for faster, more precise threat detection and response. It now harnesses ThreatConnect’s practical AI and automation to aggregate, enrich, and analyze all its intelligence in a single platform.
Deploying ThreatConnect helped the institution streamline workflows and improve collaboration. It estimates that its CTI analysts are 75% to 99% more efficient and that teams have reduced false positives from security tools by 50% to 74%. With a modern threat intelligence program, the financial institution can also take a more proactive approach to the threat landscape. It reports a 75% to 99% reduction in mean-time-to-detect and mean-time-to-respond.
Read the full customer story to see how this institution went from manual and reactive to automated and proactive.
An 8-Person Team Collaborated with Customer Success to Quickly Meet Its Strategic Security Goals
This small security team struggled with disparate open-source tools and manual tasks that made running an efficient threat intelligence program difficult. The team decided to partner with ThreatConnect to get an efficient threat intelligence program off the ground.
This team worked closely with ThreatConnect customer success and support teams from the get-go. A dedicated ThreatConnect customer success engineer (CSE) helped the customer during deployment, setup, and throughout the entire engagement. Custom training sessions tailored for both intel and non-intel team members established confidence in the team’s ability to use the platform. ThreatConnect also set up multiple communication channels to maintain ongoing support, with regular touchpoints on both technical progress and strategic alignment.
As a result, the company quickly realized ThreatConnect’s value within the first two months, met its initial strategic goals through quarterly business reviews, and is now expanding the platform’s use to its incident response team.
Check out how ThreatConnect sets this small team up for supersized success in this customer spotlight.
Act on the Right Intel at the Right Time with ThreatConnect
Unnecessary complexity limits the value of threat intelligence. ThreatConnect changes that by helping teams act on the right intel, at the right time. Want to see how your organization can achieve the same success as these financial institutions? Book a demo today and start operationalizing threat intelligence for real results.