The financial services industry is changing quickly as institutions undergo Digital Transformations to meet client expectations for a digital and online banking experience . But while digital technologies are critical to innovation , they also expose financial institutions – already a favored target among threat actors – to greater risk .
As the oldest and one of the largest banks in Pakistan with more than 1,400 branches across the country , Allied Bank understands the importance of proactively protecting its brand and digital assets .
That ’ s why Allied Bank turned to Recorded Future to help it implement a proactive security strategy with intelligence at its core .
“ Threat actors are looking at your digital footprint outside the organization to launch an attack . You must take proactive measures . You have to monitor your digital assets . You have to remediate incidents . You must proactively protect your brand and your image . To do that you need timely intelligence . That is a must to have , for any organization , but especially in the financial sector ,” said Awais Ejaz , Group Head / CISO , Information Security and Governance at Allied Bank .
Proactively getting in front of attackers
Allied Bank ’ s security team ’ s strategy is to stay a step ahead of threat actors by proactively monitoring and protecting its external attack surface . The team sought a digital risk protection platform that would provide visibility into the bank ’ s digital assets and any abuse of the brand logo , including phishing pages , fake mobile applications and data leakage on the Dark Web .
“ The biggest challenge we faced – the reason we opted for Recorded Future – was we did not have
YOU MUST PROACTIVELY PROTECT YOUR BRAND AND
YOUR IMAGE . TO DO THAT YOU NEED TIMELY INTELLIGENCE .