Attack Surface Management for
Insurance Providers
If banks attract bad actors with money, insurance providers entice them with data. Insurers manage a wealth of sensitive and identifiable personal information like medical and financial records which are very attractive to cyber criminals. Therefore, insurance providers are highly regulated and required to maintain a robust security mechanism to ensure their consumer data stays safe. But meeting regulatory requirements is more difficult than ever. The connected devices that have made it easy for customers to access insurance services also create an extended attack surface and give cybercriminals more opportunities to breach the insurers’ networks.
In order to remain compliant with the strict regulations, insurance providers need an efficient way to manage their attack surfaces, track all the devices on their networks and understand which vulnerabilities pose the most significant threats. DeviceTotal gives insurers exactly what they need to overcome these challenges.
Centralized View for all Devices
DeviceTotal gives CISOs and cybersecurity teams at financial institutions and banks full visibility into their attack surface and all connected devices in their network, including their location, hardware, firmware, and software components. With this visibility, they can manage device security from anywhere in the world.
Using the platform’s centralized dashboard, the CISO has a direct line of sight (in one view) for every single device that is connected to the institution’s network, regardless of its vendor. Using this neutral, unbiased approach, the CISO and cybersecurity team can proactively protect the network against threats originating from both known and unknown vulnerabilities and in all connected devices.
Contextual Risk Prioritization
DeviceTotal also analyzes how threats translate into business risks for financial institutions and banks, and which threats are most likely to be exploited. Equipped with these invaluable insights, the CISO and cybersecurity team members can collaborate and focus their efforts on mitigating the most critical threats based on parameters such as device location, business context, risk level, and potential impact, and communicate progress to relevant stakeholders. DeviceTotal then takes attack surface management one step further by providing focused and clear security recommendations based on risk levels and prioritization, including recommended firmware updates and security patches.
Streamlining And Cost Savings
These recommendations eliminate the need to manually review and prioritize never-ending lists of recognized vulnerabilities. With DeviceTotal, the CISO and cybersecurity team can use accurate and actionable insights to make informed decisions about mitigating potential threats. In addition to saving time and costs, this significantly reduces the reaction time and enables the cybersecurity team to stay on top of the financial institutions’ network security and attack surface management needs at all times.
