Skip to main content

Global Credit Union Reduces Alert Fatigue to Detect and Respond to Threats Faster

Industry

Financial Services

Company Type

Bank

Company Size

19000+ employees

Learn about persistent threats, lessons for the future, and how ThreatConnect is working to protect its customers.

Challenge

The credit union faced significant challenges with alert fatigue in its security operations center (SOC), leading to analyst burnout, missed threats, and inefficient threat detection and response. It required a solution to quickly identify and mitigate threats without overwhelming its SOC teams with excessive alerts, to enhance its security posture.

Solution

The credit union leveraged ThreatConnect to transform its cybersecurity operations with centralized threat intelligence, advanced threat scoring, flexible automation, and enriched data for faster decision-making. By aggregating intelligence from multiple sources, automating workflows, reducing false positives, and enabling effective alert triage, ThreatConnect empowered the SOC teams to focus on high-priority threats. This significantly improved reliability, detection, and response times while alleviating alert fatigue.

Outcome

The integration with ThreatConnect delivered significant results, saving over $1 million annually by streamlining operations and reducing inefficiencies. It also improved response times, with up to a 99% reduction in Mean Time to Detect (MTTD) and Mean Time to Respond (MTTR), while cutting false positives by 75%, allowing analysts to focus on real threats more efficiently.

Read Next:

Hospitality

Wyndham Improves Threat Detection and Response While Scaling Security Operations

Challenge

The Wyndham security team faced challenges that limited their response times and efficiency. Analysts had to deal with too much context switching and manual data collection to gain context when investigating and triaging alerts. Analysts were challenged to work consistently and efficiently.

Solution

Wyndham implemented ThreatConnect’s TI Ops Platform and Polarity across their security teams to centralize threat intelligence in a single solution, and make it more accessible and actionable.

Healthcare

National Medical Insurance Provider Quantifies Risk

Challenge

This healthcare organization faced challenges in measuring and quantifying cyber risk, financial impact assessment, and subjective project prioritization. This project aimed to provide an aggregate view of the top financial cyber risks for the CISO to prioritize resources and engage in meaningful discussions with the Board. Additionally, the CISO aimed to provide each member company with a snapshot of their greatest financial risks.

Solution

ThreatConnect Risk Quantifier (RQ) empowered the client to objectively assess risk portfolios across member companies, allocating resources efficiently. RQ's automated approach to cyber risk quantification enables rapid implementation, makes CRQ a reality for small teams.

Manufacturing

Security and Business Leaders Create Actionable Risk Identification and Reporting

Challenge

The organization’s business side was unknowingly accepting a high level of cyber risk with deploying digital services and applications.

Solution

Create financial views of inherent, residual, and acceptable levels of risk to show business leaders the financial impact of changes in security controls.