Leading Financial Services Company

Key benefits of Fluid Attacks' Continuous Hacking for this financial services company

This company needs to secure the transactions of countless customers worldwide. Therefore, the key benefits it has gained from Fluid Attacks' Continuous Hacking have been continuously receiving reports on the impact of safe exploitation of vulnerabilities in its systems and quick support on how to fix those security issues. Since using this solution, the company has been able to remediate a significant part of the
reported risk exposure, focusing on the vulnerabilities that have a real probability of exploitation.

This financial services company needs to secure its technology while building functionality

This client needs to develop innovative, user-friendly and secure technology in order to stand out in a very
competitive industry. In its activities as a money transmitter, the greatest security risks it must avoid are the compromise of its users’ information and money and the interruption of the availability of its services. In the case of a cybersecurity incident, users of its services may see their access to money they need to cover their necessities hindered. Therefore, securing its technology is just as important as building functionality.

Why Fluid Attacks is this financial services company’s best choice

This financial services company used to rely exclusively on sporadic assessments through ethical hacking tosecure its technology. With such an approach, the firm often had knowledge of vulnerabilities only after making its software available to users. The constant exposure to attacks, however, demands that every company integrate security into the early stages of development. To achieve this in the most effective manner, this client looked for a solution offered by a cybersecurity company with several years of expertise and a focus on securing technology throughout its SDLC.

This client has been implementing Fluid Attacks' Continuous Hacking since early 2021. It chose Fluid Attacks because it is an application security company with decades of experience and has an approach in which vulnerabilities can be identified and solved before the production stage. To find out the security status of software products, Fluid Attacks combines automated and manual security testing. The tools yield results quickly, informing of known vulnerabilities, while ethical hackers search for those that are more complex and often represent a greater risk exposure. The insights provided by them on their findings and those of automated tools allow for a better understanding of how vulnerabilities can be exploited in combination to cause more damage than exploiting a single vulnerability would.

Detailed information about the detected vulnerabilities, which includes evidence of exploitation and recommendations for remediation, is delivered through Fluid Attacks’ platform. Upon accessing it, this client has found the evidence to be significantly useful for prioritizing remediation. The company also highlights help options like “Talk to a hacker,” which allows it to meet with a member of our hacking team to get quick guidance on solving the most complex vulnerabilities.

This financial services company has achieved outstanding risk exposure reduction rates

Fluid Attacks' Continuous Hacking has bolstered this financial services company’s vulnerability management.This client now exercises a preventive approach to cybersecurity, identifying vulnerabilities before deployment and prioritizing the remediation of those that Fluid Attacks evidences as having the most significant impact if exploited. As a result, by March 2023, the client had reduced their applications’ risk exposure by 75%. Moreover, during its time using Continuous Hacking, the collaboration between the company’s development and security teams has been strengthened. The client credits this improvement to the fact that Fluid Attacks’ platform and processes are designed to dissolve barriers between teams as soon as they are put into work, effectively making everyone responsible for security.