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RiverSafe Deploys Exabeam For Financial Cybersecurity

RiverSafe Deploys Exabeam For Financial Cybersecurity
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Contact RiverSafe Limited
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Summary is AI-generated, newsdesk-reviewed
  • RiverSafe deploys Exabeam for enhanced cybersecurity in financial services, reducing false positives.
  • Exabeam's UEBA tools improve monitoring, visibility, and security data management for financial clients.
  • Client reduces threat assessment time by 30% using Exabeam, improving phishing and brute force defense.
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In a bid to fortify its cybersecurity posture, a global financial services group has turned to RiverSafe for the deployment of Exabeam, a security information and event management (SIEM) solution. Operating in the highly regulated and frequently targeted financial industry, the group needed to enhance its infrastructure protections while ensuring customer data remained secure from potential threats.

The company's previous threat detection solution presented challenges, notably generating a high volume of false positives. Without a robust SIEM tool and relying on less efficient user and entity behavior analytics (UEBA) processes, the team realized the necessity to bolster their security framework to meet stringent industry standards.

Improving Security Visibility and Oversight

Exabeam’s smart timeline feature, which consolidates all user activity into one stream

Enhancing visibility within the security infrastructure was identified as a focal point. The existing system showed possibilities for improvement, specifically in consolidating monitoring into a unified interface. The team also sought to improve the oversight of active directory actions, focusing on enumeration attacks and controlled export of company data by internal users.

RiverSafe recommended Exabeam for its efficient data processing, simple architecture, scalability, and ease of deployment. The off-the-shelf content provided by Exabeam's UEBA dashboards and reporting tools offered pre-built models and statistics, facilitating immediate event monitoring and flagging. Exabeam’s smart timeline feature, which consolidates all user activity into one stream, also addressed visibility issues effectively.

Deployment and Customization

Upon client approval, RiverSafe implemented Exabeam in their AWS environment, adhering to best practice guidelines. The process involved mapping relevant log sources and onboarding all necessary data streams. This ensured only pertinent information was ingested for security and monitoring purposes, reducing noise from the SIEM and decreasing the occurrence of false positives.

RiverSafe developed and deployed custom use cases in collaboration with the client to maximize the value derived from the Exabeam implementation. This included creating custom roles, models, parses, additional search filters, and guidance on maintenance and monitoring techniques.

Enhanced Threat Detection and Data Integrity

The client now benefits from an integrated monitoring workflow that seamlessly supports routine security tasks

The client now benefits from an integrated monitoring workflow that seamlessly supports routine security tasks. The security team can quickly monitor the entire environment, significantly reducing the time required to assess and respond to threats such as phishing, brute force attacks, and unusual internal behaviors.

Thanks to RiverSafe's expertise, the client successfully scaled its Exabeam solution by accessing the appropriate hardware needed for efficient operation. The optimization of log source onboarding has decreased complexity and facilitated easier access to critical information.

Consolidated Security Data

Security insights have been centralized, eliminating silos and increasing perceptibility across the organization. The integration enables the team to monitor email, endpoint, active directory, and web activity, frequently targeting these areas for suspicious activities. This visibility also extends to file activity, which safeguards the company from potential data loss and helps maintain data integrity.

By equipping the team with a more straightforward approach to managing security data and identifying trigger points, the deployment of Exabeam has led to a 30% reduction in time spent on threat hunting.

Show full press release

Working in the heavily regulated and frequently targeted financial services industry, the client (a global financial services group) needed to ensure its cybersecurity posture was extremely robust to protect its infrastructure and customer data from threats.

The previous threat detection solution posed challenges, notably with a high volume of false positives. Without a robust SIEM tool and relying on less effective UEBA processes, the team recognized the need to fortify its security framework to align with their stringent standards.

Another key area of focus was enhancing visibility within their security infrastructure. The existing setup presented an opportunity for improvement in consolidating monitoring capabilities into a unified interface. Additionally, the team wanted to enhance oversight of active directory actions, specifically addressing enumeration attacks, and monitoring the controlled export of company data by internal users.

The solution

Brought in to increase visibility and reduce overall risk, RiverSafe suggested they implement Exabeam, which would provide the company with all the best-in-class UEBA tools needed. RiverSafe suggested Exabeam due to the platform’s efficient data processing, simple architecture, scalability, and ease of deployment.

The off-the-shelf content within Exabeam’s UEBA dashboards and reporting tools offered another key benefit, giving the security team access to data pre-built models and statistics that would allow them to start monitoring and flagging events immediately. Finally, Exabeam’s smart timeline feature that merges all user activity into one stream would address the visibility issue.

Security and monitoring purposes

With the client ready to implement, RiverSafe deployed Exabeam on their AWS Environment following best practice guidelines. The team mapped out relevant log sources for the system, and onboarded all data streams, filtering and fine-tuning everything to ensure any information being ingested was relevant for security and monitoring purposes.

RiverSafe then developed and deployed use cases scoped out in partnership with the client, helping them to get maximum value from their Exabeam implementation. This documentation included custom roles, models and parses, as well as other quality of life improvements, additional search filters, and guidance on maintenance and monitoring techniques.

The outcome

The client now has an established monitoring workflow for its security team that’s baked into their day-to-day tasks. The team can monitor the entire environment quickly, and has significantly reduced the time it takes to assess threats like phishing and brute force attacks, and investigate unusual internal behaviours.

Following RiverSafe’s advice, the client has been able to scale its Exabeam solution by accessing the right hardware required to run the product efficiently.

Data loss and maintaining data integrity

Noise from the SIEM has been reduced thanks to the optimization work conducted on log source onboarding. This has resulted in less complexity, fewer false positives, and easier access to the precise information that the team really needs.

The security team now has visibility into email, endpoint, active directory, and web activity, and is able to monitor these frequently targeted areas for suspicious events and behavior. This visibility now also extends to file activity, protecting the company from potential data loss and maintaining data integrity.

Managing security data and identifying trigger points

Siloes have been eliminated, with security insights now located in a single repository for maximum perceptibility. From server performance to traffic flows, whatever’s happening across its pan-global regions, the security team know about it.

Exabeam has equipped the team with a simpler, more effective way of managing security data and identifying trigger points—resulting in a 30% reduction in time spent on threat hunting.

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Boost financial cybersecurity with RiverSafe's Exabeam deployment, enhancing visibility, UEBA, and reducing false positives, ensuring robust infrastructure protection and streamlined threat management.

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