How a Top Canadian Bank Revolutionized Cybersecurity with AI-Driven ThreatConnect
Financial Services
Bank
300+ Employees
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.