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Strategic Cybersecurity Measures and Residual Risk Assessment for a $20 billion UK-based Multinational Investment Bank

Industry

Banking, Financial Services and Insurance

Services

Cybersecurity Assurance

Overview

The client is a $20 billion UK-based multinational investment bank and financial services. The company has divisions supporting operations in consumer, corporate, and institutional banking, including treasury services. By leveraging the expert guidance of ACL Digital, the client could effectively manage its security risks and safeguard its operations in the dynamic financial services landscape.

 

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Challenges

 

 

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Over 25,000 open security risks across multiple applications and underlying infrastructure

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The cost of addressing the open findings exceeds the approved budget

 

Benefits

 

 

  • Prioritized open vulnerabilities based on their material impact, enabling effective risk management and mitigation
  • By providing a mitigating control narrative, the client could make informed decisions on allocating resources to address critical vulnerabilities, optimizing costs while mitigating risks effectively
  • Enhanced security posture by leveraging advanced cybersecurity technologies and best practices
Strategic Cybersecurity Measures Outcome