Case Study on PreCrime™ Brand
How BforeAI stopped a spear phishing attack on a leading investment firm under seven minutes
About the investment firm
The client is a San Francisco-based, global financial services firm specializing in trading, banking, research and brokerage services. With over 750 employees and more than 20 years of service to clients, the firm’s reputation has been built on trust.
The CISO of this firm had a problem:
He was alerted to the presence of an expertly-engineered spear phishing impersonation domain attack that was threatening to defraud customers and ruin the solid reputation of the organization. He needed to act FAST.
“When our team was alerted to this domain, we viewed it as a ticking time bomb,” the CISO said. “It was clear that these criminals had done serious homework. The illusion of legitimacy they’d conjured up was extremely compelling – if we weren’t able to shut the threat down immediately, it could have been a crisis situation.”
This security team needed a disruption solution that could:
- Stop the brand attacks as quickly as possible
- Remediate the source of the attack
- Ensure that the same attack couldn’t be revived
When time and accuracy matter, financial institutions turn to BforeAI:
Due to BforeAI’s reputation, the CISO reached for help to remove this malicious infrastructure. It took BforeAI’s team seven minutes from being alerted to disrupt and take down the domain – exponentially faster than the industry average of 72 hours.
How Financial Services Organizations are Protecting Their Reputation and their Customers with PreCrime Brand
PreCrime Brand’s disruption feature handles evidence collection, request follow up, disabling of malicious infrastructure, outreach and documentation of every process step. This is followed by 90-days of monitoring to ensure there is no mistaken infrastructure reactivation. For the financial institution at the heart of this story, the solution has yielded $1.5 million monthly savings due to preemptive attack disruption and has freed up 20 hours a week that the infosec team can now dedicate to other high-priority matters.
PreCrime Brand is automated protection for your organization’s digital presence. Our predictive AI security solution continuously monitors the internet, using predictive intelligence to identify and disrupt malicious infrastructure before they do damage, automatically taking down online impersonation threats, and securing your brand from financial and reputational harm.
Disrupt and eliminate costly brand-based attacks...FAST:
$200K
Saved in the first seven minutes
0.05%
False positive rate
90 days
No new attacks
"I don’t know which was bigger, my disbelief or relief at how quickly BforeAI was able to resolve this issue..."
– CISO at a Leading Investment Firm
“I don’t know which was bigger, my disbelief or relief at how quickly BforeAI was able to resolve this issue – I was utterly blown away,” the CISO added. “We were considering different partners to help us automate aspects of our cybersecurity process, but the results BforeAI gave won us over immediately. We realized straightaway that PreCrime Brand’s disruption and takedown capabilities were clearly the leading solutions for anticipating and eliminating threats in the fastest possible way.’