SAN MATEO, CA – June 1, 2016 – AlienVault™, the leading provider of Unified Security Management™ (USM) and crowd-sourced threat intelligence, today announced that many mid-sized, regional banks are deploying its all-in-one security platform, USM, to protect their assets and ensure compliance with FDIC regulations.
Tasked with safeguarding the financial information of thousands of customers, regional banks across the nation face similar challenges that stem from limited security budgets and small (or even single person) IT teams. AlienVault USM helps IT teams detect, analyze and respond to today’s threats.
Founded in 1893, Wisconsin-based Bank of New Glarus provides a range of banking services to a primarily agricultural customer base. Their two-man IT team is headed up by Lead IT Manager Patrick Collins, who was brought on board to help the bank pass an FDIC audit. Extensive research and testing led Collins to AlienVault USM.
“AlienVault USM provided all the functionality that we needed to help us prepare for and pass our FDIC audit,” said Collins. “In fact, nearly all of the information that the auditors needed was obtained using AlienVault technology. I also felt comfortable that the product’s capabilities would help us better detect and respond to future threats and cyber-attacks.”
Information Security Officer Jeff Dalton is a one-man security team at Bank of Marin. He initially deployed USM as a secondary system to validate and provide visibility into the alarms generated by other systems, but is now using it to ensure compliance as well. “We are expanding the way that we use USM to help with both SOX reporting and ensuring compliance with internal controls,” Dalton remarked. “USM allows me to have greater visibility into what is going on in my network and goes part and parcel with the FFIEC’s current cyber-security push.”
Pennsylvania-based Ephrata National Bank’s clientele includes many members of the local Amish and Mennonite communities. According to Information Security Officer Tim Doty, “AlienVault USM has so much functionality built in with reports and alerts that are ready to use. Other SIEM devices require a dedicated person to run them, but it takes only a couple of hours a week to monitor my network with AlienVault. It's just so much more useful out of the box.”
In addition to helping banks achieve FDIC compliance, AlienVault USM provides hundreds of built-in compliance reports for managing PCI-DSS, ISO, SOX, HIPAA, GLBA, NERC CIP and GPG13 programs. These reports are automatically updated as asset and vulnerability assessment data changes, allowing users to quickly customize them based on their own compliance priorities.