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Explore best practices for security and compliance in financial institutions, ensuring robust protection and adherence to regulations amid digital transformation. Financial Institutions: Best Practices for Security & Compliance in the Era of Digital Transformation Overview Financial institutions face two major network security related challenges while working to serve their customers: the constant demand to improve in order to successfully compete in the market and regulatory compliance. Yet, when it comes to security, the InfoSec team often uses slow, manual (and error prone) processes to make the necessary network security changes – thereby delaying the release of a new competitive application or feature to market. To overcome these challenges, financial institutions must implement a network security policy management solution that will: Process the frequent security policy change requests automatically, with zero touch Simplify and automate regulatory compliance management Document all changes, providing a full audit trail Want to find out more? Download our whitepaper: Financial Institutions: Best Practices for Security and Compliance in the Era of Transformation It’s time to discover how automation can help transform your InfoSec team from business inhibitor to business enabler. Schedule a Demo Introduction In order to maintain a competitive advantage, information security teams at financial institutions must be able to support business transformation initiatives and deploy new applications or updated functionality to market quickly and securely. Most IT departments use automation tools to assist them with many aspects of their work – including managing software changes or provisioning storage. Automation allows them to support the fast pace required, ensure quality and maintain compliance with industry regulations. However, when it comes to security, oftentimes the InfoSec team still makes the necessary network security changes using manual processes. This is mostly due to the perceived complexity of the segmented network infrastructure; the large number of firewalls and network security devices (from multiple vendors) that are typically deployed across a financial institute’s network, as well as the extensive compliance requirements to which financial institutions are subject. As a result, the InfoSec team is often perceived as a bottleneck to progress – holding back the release of a new competitive application or feature to market. This white paper will discuss the challenges facing InfoSec teams today. It will then explain how a network security management solution delivers critical automation that will help transform the InfoSec team from a business inhibitor to a business enabler. Schedule a Demo Network security challenges for financial institutions Financial institutions face two key network security related challenges in their mission to serve their customers: regulatory compliance and a continual demand for changes in order to compete in the market. The number of regulations that financial institutions are required to uphold has significantly increased over the years. They include GLBA, GDPR, BASEL II, SOX, Dodd-Frank, PCI-DSS and many others. While these regulations aim to provide best practices that will help both the financial institutions and their customers, they require considerable effort to maintain, particularly with regards to network security. The second challenge that impacts network security in financial services, is the constant demand for changes. In recent years, the demand for innovation coupled with competition from agile and disruptive fintech companies is putting considerable pressure on financial institutions. As a result, financial institutions are constantly seeking ways to improve the way they interact with their customers while becoming more efficient. This means that there is now an ever-present need for change in a typically conservative industry that has previously been slow and reluctant to embrace change! Managing network security changes efficiently and effectively across today’s complex network environments requires automation. Yet, while IT organizations have embraced automation to handle many of its tasks, the InfoSec team has not. In the following section, we will discuss ways to utilize automation to manage security changes and manage the ever-increasing demands of industry regulations. Schedule a Demo Automated network security policy management To tackle these challenges, the InfoSec team needs automation to effectively manage the demands of regulatory compliance as well as keep up with the volume of network security policy changes. Managing compliance with industry regulations As part of compliance requirements most regulations require full visibility into the security posture, regular audits, and documentation of any changes. Visibility of the security posture: The first step to achieving visibility is to identify all the applications that support customer transactions and manage customer information. Next they should be classified based on the relevant regulations, such as PCI for applications that manage cardholder information. There are tools that can handle this process automatically, including the discovery process, which save considerable time. Moreover, automation tools can help document the entire environment, including the network security device configurations and security policies – which is a key part of regulatory compliance. In addition to supporting compliance requirements, this visibility and transparency will expose any gaps and risks in your network security, and thus help in making your network secure. Streamlined audits: Whether internal or external, audits eat up considerable resources. The InfoSec team currently needs to spend significant time and effort generating reports that document their security posture and prove compliance with every regulation – time that could be better spent focusing on securing the network or responding to business requests. Automation can handle all these processes, and generate self-documenting, audit-ready reports out of the box. Documenting compliance: Most network security management solutions review all changes during design and deployment to ensure that they comply with the industry regulations. As part of this process they document and provide a full audit trail of the change, thereby automating the requirement for change documentation. Managing the constant barrage of change requests An automation solution is paramount to tackling the frequent change requests that are typically required in the financial industry. An automation solution will enable the InfoSec team to focus on the impact and risk of the change as well as ensure that all changes are necessary (typically around 30% of change requests are unnecessary). An automation solution must: Ensure that the network security policy change request will not breach the compliance posture Automatically map the network route for any planned changes and identify the firewall, routers and switches along that route that need to be changed Assess all the risks of a security change. These include regulatory compliance risks as well as internal risks Understand the details of each firewall rule change request and determine whether a change is really needed, whether a change to an existing rule will be sufficient or if there is a need to create a new rule as part of the change request. This process will reduce the overall number of rules and help optimize the security ruleset Can automatically deploy changes directly onto firewalls Schedule a Demo Summary Financial institutions are constantly seeking to better serve their customers and maintain a competitive edge through new technology innovations. Yet often these organizations fall behind on delivering these new innovations into production. Their network and security operations team are hampered by manual and error-prone security change management processes coupled with the ever-increasing demands of industry regulations, which impact time-to-market. Automated network security management solutions help streamline the auditing process, ensure continuous compliance, as well as significantly simplify and speed up the process of managing network security changes. Schedule a Demo About AlgoSec The leading provider of business-driven security management solutions, AlgoSec helps the world’s largest organizations align security with their business processes. With AlgoSec, users can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero touch – across their cloud, SDN and on-premise networks. Over 1,800 enterprises, including twenty Fortune 50 companies, have utilized AlgoSec’s solutions to make their organizations more agile, more secure and more compliant – all the time. Since its inception, AlgoSec has provided the industry’s only money-back guarantee. Let's start your journey to our business-centric network security. Schedule a Demo Select a size Overview Introduction Network security challenges for financial institutions Automated network security policy management Summary About AlgoSec Get the latest insights from the experts Choose a better way to manage your network

In this webinar, Omer Ganot, AlgoSec’s Cloud Security Product Manager, and Stuti Deshpande s, Amazon Web Service’s Partner Solutions Architect, will share security challenges in the hybrid cloud and provide tips to protect your AWS and hybrid environment Webinars Overcoming hybrid environment management challenges | AWS & AlgoSec Webinar Public clouds such as Amazon Web Services (AWS) are a critical part of your hybrid network. It is important to keep out the bad guys (including untrusted insiders) and proactively secure your entire hybrid network. Securing your network is both the responsibility of the cloud providers, as well as your organization’s IT and CISOs – the shared responsibility model. As a result, your organization needs visibility into what needs to be protected, as well as an understanding of the tools that are available to keep them secure. In this webinar, Omer Ganot, AlgoSec’s Cloud Security Product Manager, and Stuti Deshpande’s, Amazon Web Service’s Partner Solutions Architect, will share security challenges in the hybrid cloud and provide tips to protect your AWS and hybrid environment, including how to: Securely migrate workloads from on-prem to public cloud Gain unified visibility into your network topology and traffic flows, including both public cloud and on-premises assets, from a single console. Manage/orchestrate multiple layers of security controls and proactively detect misconfigurations Protect your data, accounts, and workloads from misconfiguration risks Protect web applications in AWS by filtering traffic and blocking common attack patterns, such as SQL injection or cross-site scripting Gain a unified view of your compliance status and achieve continuous compliance September 30, 2020 Stuti Deshpande Partner Solution Architect, AWS Omer Ganot Product Manager Relevant resources Migrating Business Applications to AWS? Tips on Where to Start Keep Reading Tips for auditing your AWS security policies, the right way Keep Reading Choose a better way to manage your network Choose a better way to manage your network Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

Best practices for network security governance in AWS and hybrid network environments Webinars Turning Network Security Alerts into Action: Change Automation to the Rescue You use multiple network security controls in your organization, but they don’t talk to each other. And while you may get alerts that come with tools such as SIEM solutions and vulnerability scanners – in your security landscape, making the necessary changes to proactively react to the myriad of alerts is difficult. Responding to alerts feels like a game of whack-a-mole. Manual changes are also error-prone, resulting in misconfigurations. It’s clear that manual processes are insufficient for your multi-device, multi-vendor, and heterogeneous environment network landscape. What’s the solution? Network security change automation! By implementing change automation for your network security policies across your enterprise security landscape you can continue to use your existing business processes while enhancing business agility, accelerate incident response times, and reduce the risk of compliance violations and security misconfigurations. In this webinar, Dania Ben Peretz, Product Manager at AlgoSec, shows you how to: Automate your network security policy changes without breaking core network connectivity Analyze and recommend changes to your network security policies Push network security policy changes with zero-touch automation to your multi-vendor security devices Maximize the ROI of your existing security controls by automatically analyzing, validating, and implementing network security policy changes – all while seamlessly integrating with your existing business processes April 7, 2020 Dania Ben Peretz Product Manager Relevant resources Network firewall security management See Documentation Simplify and Accelerate Large-scale Application Migration Projects Read Document Choose a better way to manage your network Choose a better way to manage your network Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

Robert Bigman is uniquely equipped to share actionable tips for hardening your network security against vulnerabilities Don’t miss this opportunity to learn the latest threats and how to handle them Webinars 1,2,3 punch on Network Segmentation The zero-trust network layer is a best practice to use when securing application connectivity. However, achieving zero trust for your organization requires multiple tools that work together. Join us for a conversation about: – Creating zero-trust in networks. – Integrating application connectivity with cloud, SDN, and on-prem network security controls. – Maintaining the network and micro-segmentation in harmony. June 8, 2022 Marco Raffaelli Akamai Asher Benbenisty Director of product marketing Relevant resources Defining & Enforcing a Micro-segmentation Strategy Read Document Building a Blueprint for a Successful Micro-segmentation Implementation Keep Reading Choose a better way to manage your network Choose a better way to manage your network Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

The business case for AlgoSec Cloud Enterprise (ACE) Download PDF Schedule time with one of our experts Schedule time with one of our experts Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

Industry’s first double-layered cloud security solution stands as a barrier against cyber threats by providing deep visibility into more than 150 cloud network risks alongside existing CNAPP offerings New AlgoSec Double-Layered Cloud Security Solution Minimizes Critical Cyber Security Blind Spots in Cloud Environments Industry’s first double-layered cloud security solution stands as a barrier against cyber threats by providing deep visibility into more than 150 cloud network risks alongside existing CNAPP offerings June 4, 2024 Speak to one of our experts RIDGEFIELD PARK, NJ – June 4, 2024 – AlgoSec , a global cybersecurity leader, has introduced a new release of its revolutionary Prevasio Cloud Security platform . The new release delivers the first Double-Layered Cloud Security solution to address the paradigm shift in cloud network security, offering comprehensive protection against the ever-evolving landscape of cyber threats. Network security is the backbone of any cloud estate. As businesses increasingly migrate to cloud environments, the complexity of network security increases, which means the need for robust defensive measures has never been more critical. Traditional Cloud Native Application Protection Platforms (CNAPP) alone are not sufficient to secure the entire cloud infrastructure. Overlooking network misconfigurations also poses significant risks to both security groups and native cloud firewalls. Deploying a Double-Layered cloud security approach, anchored in the cloud network, serves as a barrier against malicious actors, preventing unauthorized access to business application resources. AlgoSec’s Prevasio Cloud Security solution combines advanced network security measures with deep visibility and flexibility, empowering organizations to safeguard their digital assets and commit to securing their cloud infrastructure. Key Features of AlgoSec’s Prevasio Cloud Security solution: Deep Visibility into Cloud Network Risks : Providing unparalleled insight into potential threats with more than 150 network checks, including risks which are unique in the cloud environment, AlgoSec’s Prevasio Cloud Security solution offers deep visibility into cloud network risks and misconfigurations. It delivers proactive risk management and remediation, unlike traditional approaches that may overlook critical vulnerabilities. Holistic Risk Identification : By identifying and mitigating network risks across both cloud infrastructure and on-premises data centers, AlgoSec’s Prevasio Cloud Security solution ensures no area of the network remains vulnerable. This comprehensive approach significantly reduces the risk of breaches and data loss. Support for 3rd Party Firewalls : Seamlessly integrating both third-party and cloud-native firewalls within the cloud environment, this solution allows organizations to leverage their preferred security solutions. This flexibility ensures that security measures align closely with organizational needs and preferences, enhancing overall defense capabilities. Tailored Guardrail Policy : The solution offers customizable guardrail policies tailored to an organization’s specific network topology. This granular control enables the implementation of finely tuned security measures that address unique security challenges and compliance requirements. The guardrail policy is flexible and can be adjusted differently per cloud account. “In today’s digital landscape, securing your cloud estate is paramount. At the heart of this defense lies the cloud network layer—a crucial barrier against inbound attacks, exfiltration attempts, and insider threats alike. While adhering to configuration standards is essential, solely relying on them may leave blind spots in your cloud security strategy,” said Eran Shiff, VP Product at AlgoSec . “We are offering the industry’s only end-to-end cloud-native security platform, designed to eliminate blind spots through over 150 deep cloud network checks and provide comprehensive protection for mission critical business applications.” AlgoSec will be presenting its new solution at its booth during AWS re:Inforce. For more information, visit the website . About AlgoSec AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity and cloud-native applications throughout their multi-cloud and hybrid network. Trusted by more than 1,800 of the world’s leading organizations, AlgoSec’s application-centric approach enables secure acceleration of business application deployment by centrally managing application connectivity and security policies across the public clouds, private clouds, containers, and on-premises networks. Using its unique vendor-agnostic deep algorithm for intelligent change management automation, AlgoSec enables the acceleration of digital transformation projects, helps prevent business application downtime and substantially reduces manual work and exposure to security risks. AlgoSec’s policy management and CNAPP platforms provide a single source for visibility into security and compliance issues within cloud-native applications as well as across the hybrid network environment, to ensure ongoing adherence to internet security standards, industry, and internal regulations. Learn how AlgoSec enables application owners, information security experts, DevSecOps and cloud security teams to deploy business applications up to 10 times faster while maintaining security at https://www.algosec.com .

Migrating Policies To Cisco ACI Policy Portability Download PDF Schedule time with one of our experts Schedule time with one of our experts Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

Protect and manage hybrid network environments with effective security strategies, ensuring seamless integration, visibility, and compliance across diverse infrastructures. Securing & managing hybrid network security ---- ------- Schedule a Demo Select a size ----- Get the latest insights from the experts Choose a better way to manage your network

AlgoSec’s new product manages network objects in firewall, SDN and cloud platforms to securely accelerate connectivity changes Finally, a single source of truth for Network Security Objects with AlgoSec ObjectFlow  AlgoSec’s new product manages network objects in firewall, SDN and cloud platforms to securely accelerate connectivity changes May 18, 2022 Speak to one of our experts RIDGEFIELD PARK, N.J., May 18, 2022 – AlgoSec, a global cybersecurity leader in securing application connectivity, has announced their new product, AlgoSec ObjectFlow, a network security object management solution for hybrid environments spanning cloud networks, SDNs and on-premises. According to Rik Turner, principal analyst at Omdia “in the complex environments that ensue from modern architectures such as SDN, as well as hybrid and multi-cloud environments, there is a very real risk of overlapping objects, making both their management from a security perspective a real headache. There is clearly the potential for automation to be applied to further streamline management.”  AlgoSec ObjectFlow offers the most comprehensive visibility and control of network objects across an entire hybrid environment. As a turnkey SaaS based solution, customers can leverage ObjectFlow’s advantages within minutes upon activation.  Professor Avishai Wool, AlgoSec CTO and co-founder states that ObjectFlow addresses a dire need in the market for optimal network object management as “most enterprise networks rely on a vast number of network objects that often refer to the same addresses in various forms, creating duplications and inconsistencies that can slow down changes to network connectivity and security policies. As a result, this leads to an increased risk of misconfigurations, outages and security breaches.”  Key benefits that ObjectFlow delivers to IT, network and security experts include:   Single source of truth   ObjectFlow is a central repository of all network objects used in security policies, allowing customers to maintain consistency of definitions across the multiple management systems used by various vendors. Object discovery and complete object visibility   ObjectFlow helps enterprises tap into SDNs and firewalls to discover all the objects on a network. Unique naming conventions can be created and organized based on individual needs and from multiple vendors. Automation of object changes   ObjectFlow makes automation of object changes possible from a central location. With official vendor API Integrations, manual labor is avoided, allowing for changes to be made within minutes instead of days.  Risk reduction   ObjectFlow provides full visibility and uniformity over network objects, breaking down organizational silos. With these processes in place, objects can be easily identifiable, allowing networks to be completely secure.  “Network security objects are the bread and butter of your network security posture,” said Eran Shiff, Vice President, Product of AlgoSec. “With ObjectFlow we give organizations a simple, effective way to manage their network security objects in a centralized object management solution. It helps IT teams to secure application connectivity and reduce the time spent by the security team, increasing efficiency across the board.”  To see how AlgoSec can help you better manage your network security objects with ObjectFlow, schedule your personal demo today. About AlgoSec   AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity by automating connectivity flows and security policy, anywhere.  The AlgoSec platform enables the world’s most complex organizations to gain visibility, reduce risk and process changes at zero-touch across the hybrid network.   AlgoSec’s patented application-centric view of the hybrid network enables business owners, application owners, and information security professionals to talk the same language, so organizations can deliver business applications faster while achieving a heightened security posture.  Over 1,800 of the world’s leading organizations trust AlgoSec to help secure their most critical workloads across public cloud, private cloud, containers, and on-premises networks, while taking advantage of almost two decades of leadership in Network Security Policy Management.  See what securely accelerating your digital transformation, move-to-cloud, infrastructure modernization, or micro-segmentation initiatives looks like at www.algosec.com     Media Contacts:  Tsippi Dach  AlgoSec  [email protected]      Jenni Livesley  Context Public Relations  [email protected]   +44(0)300 124 6100 

Explore Algosec's customer success stories to see how organizations worldwide improve security, compliance, and efficiency with our solutions. Dimension Data Enhances Delivery Of Managed Security Services With AlgoSec Organization DIMENSION DATA Industry Technology Headquarters Australia Download case study Share Customer
success stories "We were fortunate enough to get a double benefit from using AlgoSec in our environment — reducing costs to serve our clients, and expanding our service offerings" IT Solution Provider Streamlines and Automates Security Operations for Clients AlgoSec Business Impact Generate incremental revenue from new policy compliance management services Reduce cost of service for Managed Security Service offering Improve quality of service, assuring a direct and timely response to security issues Background Dimension Data, founded in 1983 and headquartered in Africa, provides global specialized IT services and solutions to help their clients plan, build, support and manage their IT infrastructures. The company serves over 6,000 clients in 58 countries and in all major industry verticals. Dimension Data serves 79% of the Global Fortune Top 100 and 63% of the Global Fortune 500. Challenge In an effort to bring greater efficiency and flexibility, Dimension Data Australia sought to apply security industry best practices and streamlined processes to its delivery methodology. Automation was identified as a key capability that would enable them to reduce service costs and increase quality of service. “The operational management of security infrastructure is quite labor intensive,” remarks Martin Schlatter, Security Services Product Manager at Dimension Data. “The principle reasons for automating managed services are reducing work time, freeing up people for other tasks, and leveraging expertise that is ‘built in’ the automated tool.” By doing this Dimension Data could offer better service to existing clients while expanding their client base. “Additionally, the increased appetite for the Managed Security Services offering has been fueled by an increasing focus on governance, risk management and compliance, and we are expected to deliver faster and more accurate visibility of the security and compliance posture of the network,” explains Schlatter. Solution Dimension Data selected the AlgoSec Security Management Solution as a part of their toolset to deliver their Managed Security Services, which include automated and fully integrated operational management of client security infrastructures. The intelligent automation at the heart of AlgoSec will enable Dimension Data’s team to easily and effectively perform change monitoring, risk assessment, compliance verification and policy optimization for their clients, and act upon the findings quickly. This includes getting rid of unused or obsolete rules in the policy, reordering rules to increase performance and identifying risky rules. Another key factor in the decision making process was the relationship between Dimension Data and AlgoSec. “AlgoSec was deemed most suitable to meet our delivery needs for Managed Services. We selected them for their specific technology fit, and flexibility to assist in growing our managed service business. The partnership element was eventually the overriding factor,” says Schlatter. Results With AlgoSec, Dimension Data is now able to deliver their clients a comprehensive view of the security posture of their network security devices. This is crucial to establishing a baseline understanding of a security network, which makes it possible to truly assess and remediate risks, errors and inefficiencies. The ability to automatically provide this type of information at the most accurate level provides a key competitive differentiator for the company and a large benefit for its clients. “The value-added contribution is saving time, in terms of automation,” remarked Schlatter. “We found a way to reduce costs by automating manual operational tasks. At the same time, we were fortunate enough to leverage AlgoSec to expand our service offerings, so we got a double benefit from using AlgoSec in our environment.” One of the major features of integrating AlgoSec into the Dimension Data solution is the ability to support multiple client domains from a single AlgoSec management console. “This scalable configuration has proven to be invaluable when managing multiple clients with complex multi-vendor, multi-device security environments,” says Schlatter. “It consolidates administrative tasks, cuts time and costs, and ensures proper administration and segregation of duties from our end.” AlgoSec enhances the Managed Security Services offerings by delivering comprehensive risk and compliance management. Dimension Data professionals can generate risk and audit-ready compliance reports in a fraction of the time and with much greater accuracy compared to traditional manual analysis. “Our clients who require ISO 27001 and PCI DSS accreditation have greatly benefitted from this,” said Schlatter. Schedule time with one of our experts