Monday, 11 July 2016

Zinopy secures KBC Bank Ireland contract

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Zinopy, announced today it has secured a contract from KBC Bank Ireland to provide the organisation with IBM® QRadar® SIEM, a comprehensiveSIEM (Security Information and Event Management) solution designed to improve security levels for the bank and protect its customers’ information. The solution provides the bank full visibility of the corporate network to identify and act on threats and allows KBC to exceed strict PCI (Payment Card Industry) compliance and regulations.

A company-wide cyber risk project was conducted by the bank to ensure that the most advanced security platform was in place to evolve with digital advancements. “Information security is a top priority for the company,” says Paul Collins, Head of ICT Risk at KBC Bank “As we looked for a new solution, we needed a platform that would help us to better identify risks and respond more quickly.”

Following a successful proof of concept, Zinopy worked closely with Collins and his team to implement IBM QRadar at the bank. Collins believes that a major benefit of working with Zinopy and introducing IBM QRadar has been the ease of integrating the solution into their current systems. Collins adds “Since implementing this solution the greatest saving we have seen is time, and being able to spot potential risks and respond quickly before they become incidents.” John Ryan, CEO of Zinopy, agrees, adding that in doing so, ‘IBM QRadar also enables KBC Bank to protect their brand, a valuable asset.’

IBM QRadar Security Intelligence Platform products provide a unified architecture for integrating security information and event management, log management, anomaly detection, incident forensics and configuration and vulnerability management. It also uses the threat intelligence expertise of the IBM X-Force research and development team to provide a pre-emptive approach to security. With IBM QRadar now such a key element of the bank’s security framework, KBC’s Paul Collins summed up its value to the organisation, “It’s hard to imagine our processes working without it.”