Customer Success Story
Banca di San Marino Safeguards Financial Assets with Unified Cybersecurity
Perimeter security alone is no longer enough to keep sophisticated cybercriminals at bay. To comply with new banking and data privacy regulations while maintaining the security of more than €200 million in total assets, Banca di San Marino turned to unified, adaptive cybersecurity.
Overview
Company | Banca di San Marino |
Industry | Financial Services |
Products used | vSRX, Advanced Threat Prevention, Policy Enforcer, SRX345, EX4600 |
Region | EMEA |
Protected
Core banking systems and online banking
Leveraged
Unified, automated approach to protect against threats in real time
Maintained
Cybersecurity in accordance with national and international banking standards
Streamlined
Network and security operations to free up IT staff for more strategic tasks
Banca di San Marino offers wealth management and private and corporate banking services. Despite its location in a small nation-state, the bank operates on the same level as other European credit institutions, with solid financials, minimum capital ratios, and strong cybersecurity practices. Banca di San Marino maintains tight controls to protect customers’ assets, prevent data loss, and comply with national and international banking requirements at the highest levels.
Federico Zanotti has worked at Banca di San Marino for more than 20 years and has been responsible for IT services since 2003. With cybercrime on the rise, Zanotti needed new solutions that went beyond traditional techniques, which are no longer enough to protect perimeter security and data. He launched a strategic effort to strengthen cybersecurity for the bank. Strong cybersecurity solutions are essential to protect the bank’s operations, safeguarding core banking systems, branches, and online banking.
Banca di San Marino invested in the Juniper Connected Security platform powered by the Software-Defined Secure Network (SDSN) framework to protect its private and commercial customers’ data and its own critical resources.
Banca di San Marino uses the Juniper Connected Security platform to protect against internal and external cyber attacks. Powered by the SDSN framework, the Juniper platform leverages the entire network—not just firewalls—as a threat detection and security enforcement domain, automatically and dynamically detecting and responding to threats as a complete ecosystem rather than as a collection of individual components.
Banca di San Marino deployed Juniper Networks SRX345 Services Gateways and vSRX Virtual Firewalls at the disaster recovery site, all managed by Junos Space Security Director with Policy Enforcer, with plans to add Juniper Sky Advanced Threat Prevention to provide real-time monitoring of Internet traffic to and from its local area network. The SRX345 firewalls provide Banca di San Marino with high-performance security, comprising advanced, integrated threat intelligence, delivered on a scalable and resilient platform. Juniper Networks EX4600 and EX3400 Ethernet Switches, which provide connectivity in the data center and offices, are also part of the active enforcement.
With Juniper’s SDSN framework, Banca di San Marino has streamlined security operations, enabling it to mitigate threats faster and more efficiently by enforcing a consistent security posture from its data center to its head office and nine branches.
Threat behavior analysis detects hard-to-catch malware that might otherwise have slipped through signature-based defenses. With Juniper Sky ATP, the bank is protected in real time against sophisticated malware, including ransomware, as well as emerging threats like business e-mail compromise. “With Juniper, we have improved our ability to stop zero-day attacks against our customers and colleagues,” says Zanotti.
Banca di San Marino quickly realized the business value of a unified approach to networking and security. Day-to-day network and security operations are simplified and streamlined. “With Juniper, we have a single workstream to manage network and security,” says Zanotti. “A single point of management and control enables our team to be more productive and stop attacks faster when they occur.”
The Juniper Connected Security platform has made it possible for the bank to uphold its stringent internal controls and national and international requirements to provide trusted banking services to some of the world’s most discerning customers.
“Our banking customers don’t directly see the quality of our IT security,” says Zanotti. “However, protecting our business and reputation means we need to continually enhance security with an effective cybersecurity technology as an added value for our customers and to future-proof our operations. The Juniper solution allows us to maintain the maximum level of confidence for our clients and supports us for our data protection journey.”
Published February 2019