Challenge
With its 140-year history, Old Second National Bank has grown into one of the Chicago region's largest and strongest community banks. Backed by an unwavering sense of financial responsibility, the institution persevered through some of the most challenging and rewarding economic climates and historical events of the late-19th century, the 20th century and the early 21st century.
Old Second operates primarily in a Microsoft Windows 2003/2008 environment with over 600 users across 29 branches. They run Microsoft Exchange, Office and Office Communications Server with primarily Cisco and HP hardware. The bank was looking for an extremely effective log management system to collect data from various platforms and to aggregate the data in order to comply with a broad range of regulations mandating centralized logging and continuous security and configuration monitoring, including PCI DSS, the Gramm-Leach-Bliley Act (GLBA), the Federal Financial Institutions Examination Council (FFIEC) IS Handbook, Sarbanes-Oxley (SOX) and others.
Old Second turned to eIQnetworks and its SecureVue unified situational awareness platform.
Solution
In addition to requiring comprehensive tools and controls to assist them in meeting strict federal regulations and compliance, Old Second also needed these tools and controls to be modified as authorities change and update regulations and compliance rules. After an extensive evaluation process, the bank selected SecureVue from eIQnetworks as its comprehensive unified situational awareness platform to help meet federal regulations and compliance as well as pending updates.
SecureVue from eIQnetworks provides true compliance automation by mapping compliance requirements to all required security data – not just events – providing a one-stop, unified compliance solution that allows organizations to establish visual compliance metrics and streamline audit efforts. By integrating continuous monitoring and configuration auditing with compliance reporting, SecureVue establishes a comprehensive and complete solution for compliance automation.
The industry’s first open security and compliance framework for unified situational awareness, SecureVue delivers unsurpassed real-time visibility and analytics as well as a unique proactive capability to cross-correlate all security and compliance data. Designed to monitor, manage and report on security, risk and compliance profile, it empowers Old Second with situational awareness, global protection across a heterogeneous infrastructure, and most efficient forensics analysis — all in an open platform.
Benefits
Since the implementation of SecureVue, Old Second has realized a number of benefits:
• Unified Situational Awareness.
As a true unified situational awareness platform, SecureVue gives Old Second unparalleled visibility into its security and compliance data by allowing the correlation of all security elements – including events, users, assets and configurations, network behavior, performance metrics, file integrity and others – to see the often complex inter-relationships between these pieces of data.
• Daily Reporting. One of the biggest advantages in implementing eIQ’s SecureVue has been the very specific, detailed reporting it delivers for auditing and compliance purposes. Providing a one stop shop for review, sign off and historical research and investigation, SecureVue delivers over 1,500 security and compliance metrics-based reports for visibility into infrastructure activity across lines of business, locations and applications. Reports also provide extensive drill-down capabilities that allow users to quickly go from big-picture summary data to specific security, risk and audit management details.
Additionally, SecureVue’s pre-packaged compliance content libraries provide complete, current content for major regulations, best practices and standards, in a fully browse-able user interface. For each section or requirement defined in the mandate, appropriate reports are provided that give auditors immediate, complete and accurate attestation of the state of controls.
• Low Total Cost of Ownership (TCO). SecureVue fosters collaboration between NOC, SOC and compliance teams, resulting in reduced compliance costs and efficient operations. SecureVue has helped Old Second to automate compliance programs to meet current and new compliance requirements, including prescriptive security controls. By leveraging a single platform and consolidated compliance reports and controls, Old Second has reduced their compliance costs as well as organizational risk.
Summary
By automating the majority of functions required to support compliance, SecureVue provides Old Second with a straightforward and complete solution to minimizing compliance activities.
eIQnetworks’ SecureVue benefits the bank and other customers with:
• Enterprise Wide True Situational Awareness
• Operational Efficiency
• Low Total Cost of Ownership
For more information on SecureVue, visit: www.eiqnetworks.com.
Want to know how SecureVue from eIQnetworks can help you? Contact us at+1 877.564.7787 or email sales@eIQnetworks.com to learn more.
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