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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.