Modulbank has implemented SearchInform solutions to protect business

2023: Implementation of SearchInform CIB and SearchInform SIEM

Modulbank protects the infrastructure with SearchInform solutions. Cooperation of companies began back in 2019. As of October 2023, the bank uses two vendor systems that ensure information security of internal processes: SearchInform CIB and SearchInform SIEM. This was announced by "SearchInform" on October 30, 2023.

We were the first to implement a DLP system. The solution was carefully chosen, several systems of major market players were tested, and as a result they settled on the SearchInform CIB product. It was important for us not only to "introduce a tick system," but to get advanced means of investigating incidents, to understand their causes, "said Ilya Titov, Chief information officer of Modulbank. - The DLP system "SearchInform CIB" allows you to protect contact information, account and statement information, customer documents, etc., and advanced analytical tools allow you to make informed, informed decisions.

The SearchInform SIEM system also helps to improve security in the bank, which ensures the collection and analysis of information from various sources. The solution allows you to monitor in real time all events in the IT infrastructure that may pose a threat: identify vulnerable software and equipment, attempts to unauthorized access, suspicious activities, etc.

The company is growing, along with it, the needs for protecting the IT infrastructure are growing. There was a need for a monitoring and management system of information security events. The choice was stopped at SearchInform SIEM. Not only because we already worked with SearchInform and were confident in the vendor. It was important for us to have certain connectors and pre-installed correlation rules out of the box, as well as convenient incident management tools. With the latter, many developers had problems: the systems detect the incident and their work ends there - but for an information security specialist it is just beginning, there is an analysis of the causes and consequences, subsequent prevention. "SearchInform SIEM" closed this problem precisely at the expense of built-in means and most of all approached the tasks of the organization, - added Ilya Titov.

The company noted that the systems "SearchInform CIB" and "SearchInform SIEM" conveniently interact with each other. DLP Agent is an invaluable data provider in SIEM, because it not only protects communication channels, but also sees everything that happens on a PC at the system level. For example, you can control the copying of a large amount of data to a flash drive, suspicious local file operations, and take into account the duration of the processes.

Companies from the financial sector always have increased control by regulators, as they operate with a large amount of critical customer data. Moreover, this responsibility is only increasing, the updated GOST "Security of Financial Transactions" is being worked out, a specialized GOST is being created to prevent leaks, and soon a penalty will be introduced in the form of a fine from circulation for a PD leak. Due to high risks and requirements of regulators, financial institutions are more actively increasing budgets and purchasing protective software. We have been working with financial companies for a long time, therefore, we see an up-to-date picture. So, according to our data, in 2022 the budget increased in 44% of organizations, - said Alexey Parfentiev, head of analytics at SearchInform. - Modulbank is no exception, the company showed a responsible attitude towards security even before the tightening of legislation. We are pleased that the bank has chosen our solutions, thereby entrusting us with protecting the company's infrastructure and data.