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Financial institution goes SOCless and reduces supply chain risk with Lumu

Banco Union, established in 2022, emphasizes the strategic importance of cybersecurity, viewing it as more than just a technical issue. The integration of Lumu technology allows real-time detection of potential threats, enhancing response speed and reducing operational workload through AI-based solutions. This approach is non-invasive and quickly adopted within the company. 

 

The technology aids in reducing false positives and alerts, focusing on genuine threats. It supports a shift towards a comprehensive cybersecurity strategy, including supply chain risk management. The user-friendly interface of Lumu ensures efficient threat identification and response, crucial in the face of rapid, automated cyber-attacks.


Takeaways

  • Lumu identifies attack patterns in real-time by detecting whenever infrastructure components like servers, clouds, or networks come into contact with a known adversary.
  • The implementation allows Banco Unión to evolve toward a SOC-less strategy, effectively reducing the heavy operational burden of managing excessive false positive alerts.
  • Integration is non-invasive and extremely rapid, with the security team perceiving actionable value just minutes after connecting the technology to their various layers.
  • The platform provides critical visibility into supply chain risks, monitoring third-party connections to the bank’s centralized network for potential security compromises.
  • Using automated AI-based responses, the bank can now defend against modern cybercriminals who launch automated attacks that occur within milliseconds.

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