How Horizon Keeps Financial Institutions Safe from Adversaries

Keeping Financial Institutions Safe

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Continuous oversight of all Assets
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Dark Web Monitoring
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Compliance with Industry Standards
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Prioritize and Remediate
Financial institutions face an increasingly complex and dynamic threat landscape. With sophisticated attack vectors emerging every day, traditional IT security approaches are no longer enough to ensure the safety and resilience of a financial organization. Targeting financial industries means a big payday for attackers. The high-value transactions, the volume of personal information in question and their reputation for using legacy protocols, all make this industry a top target for cybercriminals.
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$5.85 million
The average cost of a data breach in financial institutions
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80,000%
Increase in the total value of cryptocurrency ransoms from 2013 to 2020
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238%
Increase in cyberattacks targeting financial institutions
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DIGITAL FOOTPRINT MONITORING

Credential leaks
Monitor the dark and clear web for leaked banking credentials and take appropriate action.
Protection from illicit networks
Continuously scan various illicit networks with Horizon, ensuring executives or customer's data is not being abused.
Chat room and forum post scanning
Scan various chat rooms and forums to ensure sensitive information is not being shared inappropriately.
Look-a-like domain checks
Check for look-alike domains that may be used to conduct phishing attacks in the suite of stealing login credentials and other sensitive data.
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COMPLIANCE WITH INDUSTRY STANDARDS

Identify gaps in security posture
Assess vulnerabilities in your systems, processes, and networks and identify areas that need improvement.
Measure progress towards compliance
Get a clear roadmap towards achieving compliance with the industry standards.
Automated reporting capabilities
Quickly generate compliance reports for various regulations and standards, including PCI DSS and more.
Demonstrate commitment to security and compliance
Demonstrate your commitment to security and compliance to your stakeholders including your investors and other key stakeholders to build trust in your organization's security practices.
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PRIORITIZE AND REMEDIATE

Identify gaps and prioritize issues
Continuously identify gaps in your security posture and prioritize remediation
Accelerate remediation
Accelerate the remediation process with automated discovery, mapping, and continuous asset monitoring.
Proactively safeguard against security risks
Proactively safeguard your organization against security risks associated with attacks such as ransomware, phishing and other cyber threats.
Maintain the integrity of digital assets
Safeguard the integrity of critical infrastructure and the safety of employees and customers, along with ensuring the security of all your digital assets.
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GAIN CONTINUOUS OVERSIGHT OF ALL ASSETS

Comprehensive Visibility
Gain visibility of your entire external attack surface.
Maintain Trust of Customers
Quickly respond to threats ensuring that your customer data is protected.
Identify All Security Risks
Identify security risks associated with vulnerabilities in third-party vendors and ensure that all assets are monitored, even those beyond the scope of traditional legacy VM tools.
Prevent data breaches
By continuously monitoring your digital assets with Horizon, you can stay ahead of cyber attackers.
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Compromised banking credentials

Threat actors leverage stolen banking credentials to commit fraud. Financial institutions need to implement effective security measures to protect against these threats along with other potential areas of attack.
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Malware, e-skimmers, and form-jacking

Threat actors use malicious code like malware, e-skimmers, and form-jacking to exploit vulnerabilities in payment platforms. This puts financial institutions and customers at risk of losing sensitive data.
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Synthetic identities

Threat actors use synthetic identities to commit fraud by combining genuine and false information to deceive financial organizations, making it difficult to detect impersonators who apply for credit under false identities.
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Third-party risks

The third-party provider landscape includes cloud and payment services, as well as virtual access networks. This concentration creates a small window with broad potential for attackers to gain access to sensitive information.
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Cloud Risk

The increased use of cloud-based technology by financial institutions coupled with the well-known misconfigurations in the cloud is being exploited by threat actors, that use compromised credentials to gain access to VPN and RDP resources.
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Decentralization and cryptocurrency

Threat actors use cryptocurrency for transactions because of its perceived anonymity. This makes it difficult to track their activities.
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Data breaches

Data breaches are a major concern for these organizations. This is especially significant because the financial sector is one of the most targeted industries, second only to healthcare.

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