Finance Sector  l  IDC & ISP  l  General Sector

Finance Sector

Background
Through the rapid development of information technology and expansion of Internet use, web-based electronic financial transactions have become increasingly popular. And the growing dependence on the Internet has at the same time made the need for stronger security of information assets and protective measures against hackings or other security breaches inevitable, since accidents and hacking incidents have continuously augmented.

In order to provide secure and reliable service to its clients, the finance sector has felt the necessity to deploy an ESM. By deploying an integrated security management system, it would be able to minimize losses due to security accidents and breaches and at the same time provide a reliable security service and management through efficient responses against security risks and dangers. Through continuously and consistently analyzing and eliminating network vulnerabilities and managing risk factors before accidents happen, it is possible to provide uninterrupted and reliable financial service.

Description
Naturally, it is difficult to outsource control service for internal security systems. This problem could be solved through the deployment of the ESM within the LAN area, by integrating all event logs. In addition, a separate network for integrated security control was built in addition to the local network. The SPiDER-1 Agent monitors and manages each security system within the control center.

Result
With the deployment of SPiDER-1, it was possible to achieve a reliable control mechanism through consistent security policies and also to lay the grounds for an efficient and secure service flow. The real-time central monitoring function for each individual security system allows fast and appropriate response mechanism, and furthermore helped to lay the foundation for a future self-analysis system of vulnerabilities on a regular basis.

In preparation for a security audit as required by the FSS (Financial Supervisory Service), SPiDER-1 is able to get event statistics as backup data for audit. As a result, with increased competitiveness of e-business in the finance sector, customer satisfaction and service quality could be improved.

Reference Sites

Samsung Card Co., Ltd.

       square01_red.gifSubsidiary of Samsung Group
       square01_red.gifConsumer finance focusing on credit cards services.
       square01_red.gifCorporate finance focusing on Equipment lease business, Credit
            loans and security loans, etc.

LG Card Co., Ltd.

       square01_red.gifSubsidiary of LG Group
       square01_red.gifConsumer finance focusing on credit card services
       square01_red.gifCorporate finance focusing on leasing and Venture capital
         financing

Shinhan Bank

       square01_red.gifThe second largest Korean commercial bank
       square01_red.gif324 branches and over 4,300 employees in nationwide

 

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