The Latest VMware News
Product and Solution Information, Press Releases, Announcements
|RSA Helps Berkshire Bank Speed and Simplify Compliance Processes, Implement SOC-based Security|
|Posted: Tue Jul 12, 2016 10:02:56 AM|
BEDFORD, MA, July 12, 2016 – RSA, The Security Division of EMC (NYSE: EMC), today announced that Berkshire Bank has upgraded its security infrastructure using an array of RSA® solutions. Executing on a multi-year, multi-stage security modernization plan, the bank integrated the RSA Archer platform and RSA Security Analytics solution into its enterprise security operations. Utilized together, the new tools help to achieve compliance with banking regulations, create a centralized platform to maximize efficiencies as the bank continues to grow, and are designed to strengthen visibility to detect and respond to today’s evolving threats.
Founded in 1846, Berkshire Bank and its affiliates provide a broad array of financial services including commercial and retail banking, insurance, and wealth management. Being in a highly regulated industry, Berkshire Bank must ensure the protection of customer data. In the past, handling security processes – from monitoring user access to detecting threat activity – had been a manual process and the tools used were built in silos. As the bank grew substantially over the years, it required a centralized security infrastructure for better visibility, detection of advanced threats, and risk and policy management.
RSA, due to its a strong relationship with Berkshire Bank and its ability to bring several platforms together, suggested the RSA Archer platform as a natural fit when the bank was looking for a new GRC solution. After the implementation of the RSA Archer platform, the bank was able to tie together governance, risk, and compliance functions such as vendor due diligence, risks and controls, policies, business continuity, audit management, and reporting. The use of RSA Archer technology has improved the bank’s efficiency by eliminating duplication and the loss of work done in silos, and by automating key business functions. The implementation of the RSA Archer platform has also greatly reduced the time required by auditors to complete bank exams.
Berkshire Bank initially implemented the RSA Security Analytics solution as a means to improve data loss prevention and has now expanded the use of the solution as its centralized Security Operations Center (SOC). Prior to having a SOC in place, it was difficult for Berkshire Bank to detect anomalies on its network. Now the bank has multiple tools sending data to RSA Security Analytics software in order to build rules and alerts that go into security operations. This enables the bank to hunt for abnormalities in behavior and is designed to help identify risks around the transmission of sensitive information within a matter of minutes.
As identity continues to be a larger threat vector, Berkshire Bank is also evaluating new tools such as the RSA Via Access solution. The RSA Via suite of products offer secure, efficient, and simple identity solutions for all users, from any place and device, to any resource.
Michael Carroll, EVP – Chief Risk Officer, Berkshire Bank
“As the bank continues to grow, it’s essential to have a platform that is sustainable, scalable and flexible. We’ve worked with RSA for a long time, and we were confident in its ability to provide a robust, integrated set of technologies. The integration of RSA Security Analytics software into the RSA Archer platform was a major selling point for us, and we’re very happy with the results.”
Grant Geyer - Senior Vice President, Products, RSA
“Despite the importance of cyber, it’s challenging to translate the technical language of security to the language of risk that CEOs and Boards speak. Executives don’t understand buffer overflows, SQL injection or cross-site scripting – but they care immensely around how they impact the business. Working in concert, RSA Security Analytics and RSA Archer give Berkshire Bank the visibility it needs to quickly detect and respond to threats on their network, and translate the impact of those cyber events to business risk in one cohesive approach. RSA is honored to have played a role in helping the bank improve its visibility into the risk caused by cyber threats and advance its security-focused mindset.”