Combating Cyber Threats in Financial Organizations
A Talk by Maya Natarajan (VP Product Marketing, thatDot)
About this Talk
In today’s increasingly digital world, cybersecurity is a primary concern for all Chief Security Officers (CSOs). Safeguarding sensitive information and critical systems is essential, as the costs associated with cyber threats extend beyond financial impact, affecting an organization's reputation, operations, and long-term strategy. Investing in robust cybersecurity measures is crucial for mitigating these costs and protecting against potential threats.
Financial institutions encounter three primary cybersecurity challenges: an expanding attack surface due to digital transformation, an evolving threat landscape that includes advanced persistent threats (APTs), and escalating human errors, such as those caused by employees or contractors who inadvertently or maliciously compromise security.
In this session, learn how financial institutions can utilize graphs and graph algorithms to visualize and analyze complex data relationships to tackle these challenges. This approach offers deeper insights into their cybersecurity landscape, helping organizations enhance their resilience to evolving threats, manage an expanding attack surface, and mitigate risks related to human errors.
To conclude, I will share three customer stories that highlight the real-world impact and effectiveness of using graph technology in strengthening cybersecurity:
- Commonwealth Bank: Embracing the digital age, Commonwealth Bank utilizes a graph for complete network visibility, enhancing their ability to detect and mitigate cyber threats.
- Standard Chartered Bank: Leveraging a graph, Standard Chartered Bank identifies suspicious behavior and uncovers insider threats before they can cause harm.
- UBS: Ensuring BCBS 29 compliance, UBS tracks data lineage with a graph, avoiding costly breaches and maintaining transparency and regulatory adherence.
We’re a cloud tech company that provides organisations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organise and secure our customers’ data.
