FinTech Magazine - November 2021 | Page 38

Union Bank of the Philippines utilises cybersecurity as a business enabler in their digital transformation framework

Sustaining Security in the Digital Transformation Journey
As digital innovators in the Philippine banking sector , UnionBank was committed to finding a cybersecurity partner who would further strengthen their commitment to safe and secure digital banking .
Fortifying Cloud Security with Palo Alto Networks
Having seen tangible benefits from deploying Palo Alto Networks ’ security solutions , UnionBank wanted to continue this long-standing partnership and ensure its secure migration to the cloud .
UnionBank looked to Palo Alto Networks for consistent threat prevention across UnionBank ’ s cloud deployment and broad security and compliance coverage - for applications , data and the entire cloud native technology stack .
“ UnionBank realized a 50 % time reduction in conducting real-time threat intelligence after securing our infrastructure with Palo Alto Networks . We are confident that these benefits will extend to our cloud environment ”
Joey Rufo
First Vice President Chief Information Security Officer , UnionBank
Industry Financial Services
Challenge Secure UnionBank ’ s cloud infrastructure , adhere to regulatory requirements and scale security operations to support innovation
Solution Palo Alto Networks ’ security platform , powered by a comprehensive suite of modern security detection and protection capabilities , provides threat prevention , cloud compliance and monitoring that enables ease of security governance while scaling their on-premise and cloud native resources . Collectively , the solutions enable for a comprehensive cloud security strategy while addressing organisational objectives and regulatory requirements .
Outcomes
• Increased visibility and scalability , ideal for cloud environments
• Boost compliance and risk management requirements
• Ability to secure infrastructure , applications and data across hybrid environments
Boosting Cloud Security Posture
Palo Alto Networks was able to provide UnionBank a scalable solution , which was ideal for cloud environments . The consolidated security management enables consistent and advanced threat protection for UnionBank ’ s deployments , all whilst addressing organisational objectives , compliance and regulatory requirements .
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