News
Netwrix Auditor Secures Virtual IT Environment for Financial Institution
August 2016 by Marc Jacob
Netwrix Corporation announced that
Banco Bandes Uruguay, a Montevideo-based bank with an extensive network of
branches throughout the country, has chosen Netwrix Auditor to ensure the
security of its virtual infrastructure and the data stored in it.
Banco Bandes Uruguay needed to validate its IT security controls in order to
meet internal policies and industry standards for personal data protection
set by the government. To meet this challenge, the bank started looking for
a software solution that would provide visibility into its most critical IT
systems and data, which are kept in its virtual infrastructure. Following
the recommendation of the bank’s security advisor and a successful trial,
the IT security team decided to use Netwrix Auditor.
Netwrix Auditor is a visibility and
governance platform that enables control over changes, configurations and
access in hybrid cloud IT environments to protect sensitive data regardless
of its location. The platform provides security analytics to detect
anomalies in user behavior and enable investigation of threat patterns
before a data breach occurs.
Banco Bandes Uruguay has gained the following benefits with Netwrix Auditor:
. Security of the virtual environment. The bank regularly conducts
internal IT audits to validate all external and internal security controls.
Continuous monitoring of user behavior across virtual hosts, folders,
clusters, etc. ensures the security of all sensitive data stored in the
virtual environment.
. Visibility into the entire IT environment. Since the software
supports a wide variety of systems, the bank has extended visibility and
user behavior analytics to Active Directory, Exchange, Windows Server and
other systems. The broader context provides comprehensive, in-depth analysis
and enables quicker investigation of suspicious activities or incidents
across the IT infrastructure.
. Simple and efficient IT governance. The platform streamlines
time-consuming IT governance processes and simplifies security monitoring,
which makes the everyday work of the entire IT team much easier.
"Netwrix Auditor is an excellent product. Any bank that has to maintain IT
infrastructure security will benefit from using it," said Enrique Martinez,
Information Security Coordinator at Banco Bandes Uruguay. "The software
allows us to better understand user activity, track any changes made to IT
systems or successful and failed access attempts to the most critical
assets. It is an ideal solution to quickly and effectively maintain security
without engaging a lot of additional resources."
"The advantages of virtualization should not be undermined by lack of
security monitoring. According to the ’Security of Virtual Infrastructures’
report released by Kaspersky Lab in 2015, recovery from a security breach
costs organizations twice as much if a virtual infrastructure is involved,"
said Alex Vovk, CEO and co-founder of Netwrix. "Virtual infrastructures
should not be a blind zone as organizations move sensitive data into them.
Complete visibility and the ability to analyze user behavior and connect
suspicious activities happening in virtual and traditional IT
infrastructures ensure protection of critical data and minimize security
risks."
