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BlackBerry ThreatVector Blog

Case Study: Investment Bank Takes on Cybersecurity

The Company

A $40 billion multi-national private equity, investment banking, alternative asset management, and financial services corporation* based in New York City.

The Situation

This high-profile financial services institution had a team of resources and multiple products in place to detect and stop any executed threats. The problem, however, was they had no way of knowing if their systems had already been compromised by threats that might be either laying dormant, or occurred beyond the scope of the measures already in place. Additionally, each time a potential threat was detected, their solutions, which lacked ‘intelligence’, required a vast amount of manual review by incident responders to determine whether or not a threat actually existed.

The Process

BlackBerry Cylance was asked to perform a full Compromise Assessment on all servers, desktops and laptops across 3,000 global hosts. Combining both its artificial intelligence technology and compact process, BlackBerry Cylance was able to extract insightful data from all 3,000 hosts in just a matter of days using a lightweight, agent-less system that reported metadata back to us. With the data now outside the customer’s environment, BlackBerry Cylance incident analysts aggregated and analyzed it for idiosyncrasies and abnormalities.

The Results

BlackBerry Cylance found hacking tools and evidence that the company’s systems had been compromised. Using indicators that were gathered during data collection, our cybersecurity experts were able to dig into specific systems looking for precisely the threats that had not been found by the company’s existing antivirus solutions. We discovered that penetration testers left tools and open vulnerabilities during a standard penetration test report performed by a third-party vendor six months earlier.

It was also discovered that malware had been dropped on the company’s systems over three years earlier and had gone completely undetected. The company had previously dropped one of the two name-brand security companies they were using when it became cost prohibitive to continue expansion and yearly maintenance. Thus, BlackBerry Cylance not only replaced the company’s traditional antivirus solutions that were not discovering advanced attacks, but also reduced the company’s total cost for antivirus protection.

As a final security measure, shortly after the Compromise Assessment was complete, BlackBerry Cylance’s next-generation antivirus product, CylancePROTECT®, was rolled out to all of the company’s systems to contain potentially unwanted programs and prevent the execution of malware. With CylancePROTECT running on the company’s endpoints, three security analysts that once spent nine hours total per day weeding out false positives now spend only 1.5 total hours on that same task. In addition, all of the time required for these analysts to review alerts has been virtually eliminated.

INDUSTRY: Finance

ENVIRONMENT:

  • 3,000 global hosts
  • 21 locations worldwide

CHALLENGES:

  • Determine if systems had been compromised by undetected existing threats
  • Reduce the vast amount of manual work required to analyze potential threats

SOLUTION:

  • Engage BlackBerry Cylance Consulting to perform a full Compromise Assessment to determine if the company’s systems had been breached
  • Deploy CylancePROTECT enterprisewide to contain potentially unwanted programs, reduce the total cost of antivirus protection, and stop threats BEFORE they cause costly harm to critical systems
     

Consultation

Want to see how CylancePROTECT and Cylance Consulting will empower your organization in the fight against cyberattacks? Contact us today for a consultation!

* Company name has been omitted from this case study for privacy reasons

The BlackBerry Cylance Team

About The BlackBerry Cylance Team

Protecting every computer, user and thing under the sun.

BlackBerry Cylance’s mission is to protect every computer, user, and thing under the sun. Our unique artificial intelligence-based approach predicts and protects against known and unknown malware, fileless attacks and zero-day payload execution. We’ve stopped tens of millions of potential attacks with a system that is continually learning and continually getting better. Learn more here