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How a Top Canadian Bank Revolutionized Cybersecurity with AI-Driven ThreatConnect

Industry

Financial Services

Company Type

Bank

Company Size

300+ Employees

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

Challenge

A major Canadian financial institution struggled with manual processes for threat detection and response, leading to inefficiencies, delays, and an overburdened security team. The sheer volume of data from modern threat feeds made it difficult to prioritize and act on critical vulnerabilities, leaving their security posture reactive and at risk.

Solution

The institution adopted ThreatConnect, leveraging its automation, AI-powered solutions, and advanced threat intelligence capabilities. Key features included automated data aggregation, scalable workflows, enhanced visualized threat intelligence, and improved team collaboration.

Outcome

The results delivered remarkable advancements in critical areas: detection and response time improved from 75% to 99%, enabling quicker threat mitigation; false positives reduced by 50% to 74%, allowing analysts to concentrate on genuine threats; analyst efficiency surged by up to 99% through the automation of manual tasks; and team collaboration strengthened with unified workflows and enriched intelligence, promoting seamless communication and more effective decision-making across security teams.

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Establishing a Strong Partnership to Ensure Continued Success

Challenge

This was the first time this organization was deploying a security operations platform and they needed a trusted partner to help them mature their program and their usage of ThreatConnect along with it.

Solution

ThreatConnect provided a Customer Success Engineer to assist with implementation, delivered custom training tailored to the customer, and set up multiple avenues for continued communication.

Aerospace & Defense

Global Aerospace and Defense Company – Consolidating Threat Intelligence & Automating Processes With Playbooks

Challenge

This Aerospace & Defense organization collaborates with various business units, each with their own unique use cases for threat intelligence SOPs. From specific tags to intelligence ingest and tailored remediation criteria, they handle it all.

Previously, manual processes and scarce resources posed challenges. Open source platforms and Excel were used to consolidate and organize threat intelligence. Characterization consumed the organization's time daily.

Solution

ThreatConnect revolutionized security operations for this organization by hosting sessions with business units and developing automated Playbooks. They streamlined manual processes, saving time and money. With efficient documentation and valuable metrics, they proved the ROI and value of ThreatConnect.
Financial Services

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

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.

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.