How a leading investment firm stopped an attack in under seven minutes
About the company
A global financial services firm specializing in institutional trading, investment banking, research and related
brokerage services stopped an attack in its tracks with PreEmpt Active Defense
The challenge
PreEmpt Active Defense Book a demo now – [email protected] “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 potentially costing the firm upwards of $200k.”
The solution
Due to BforeAI’s reputation, the CISO reached out for help with domain takedown. It took BforeAI’s team seven minutes from being alerted to neutralize and take down the domain exponentially quicker than the industry average of 72 hours.
“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 PreEmpt Active Defense and PreCrime Brand were clearly the leading solutions for anticipating and eliminating threats in the fastest possible way.”
The results
BforeAI PreEmpt Active Defense now handles all evidence collection, request follow up,
domain disabling, outreach and documentation of every process step. This is followed by 90-
days of monitoring to ensure no mistaken domain reactivation. The solution has yielded $1.5
million monthly savings due to proactive threat neutralization and has freed up 20 hours a week that the infosec team can now dedicate to other high-value initiatives.
Attack is put in place - a few hours from creation
Active Defense in action - just 7 minutes to completion
Attack stopped
Threat cleared - No incidents after 90 days
Impact in metrics
10% Workload reduction
for CISO team
60% Increase in threat
identification
98% Reduction in false
alerts
I was utterly blown away…
PreEmpt Active Defense and PreCrime Brand were clearly the leading solutions for anticipating and eliminating threats in the fastest possible
way.
Chief Information Security Officer