Global bank strengthens cyber security

Challenge

US-based lender strives to mitigate IT risk across the banking value chain.

The global banking giant wanted to protect itself from rising cyber-attacks and data theft in the industry by building advanced end-to-end cyber security capabilities. They aimed to close security gaps early on in the application lifecycle by focusing on model-driven security. The existing vulnerability management tools couldn’t provide contextual security insights and required rule engine customization. The lender also wanted to review and optimize its application risk assessment framework to gain better visibility into the security status of its applications.

Solution

TCS develops customized threat modeling tool and overhauls security risk assessment system.

The bank partnered with TCS to adopt a proactive approach towards cyber security and vulnerability management. TCS designed a tailored, web-based threat modeling tool with an intuitive user interface. The tool was customized to meet the lender’s functional and scalability needs.

Further, we customized the existing code quality monitoring tool to enable early detection of security issues during the application lifecycle. TCS came up with secure coding rules and defect remediation guidelines, and trained application developers to acclimatize them to the new development framework.

We automated and standardized the information security risk assessment processes and developed a powerful algorithm to determine the risk ranking of various applications based on multi-factor analysis. The bank’s static application security testing (SAST) workflows were optimized and automated by integrating security scanners with workflow systems, integrated vulnerability dashboards and robust trend analytics.

Benefits

Leading bank streamlines application risk assessment and prevents financial cyber attacks.

Through this cyber security transformation initiative, the lender was able to ensure zero-defect code for secure applications, identify defects in early stages of the SDLC, and accelerate time to market for new applications.

Statistics

40%

IT risk management effort

50%

security issues reported

30%

application development time

100%

threat modeling tool coverage

Contact

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TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global bank strengthens cyber security

Challenge

US-based lender strives to mitigate IT risk across the banking value chain.

Solution

TCS develops customized threat modeling tool and overhauls security risk assessment system.

Benefits

Leading bank streamlines application risk assessment and prevents financial cyber attacks.

Statistics

Transformation starts here

Find out more

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Challenge

US-based lender strives to mitigate IT risk across the banking value chain.

Solution

TCS develops customized threat modeling tool and overhauls security risk assessment system.

Benefits

Leading bank streamlines application risk assessment and prevents financial cyber attacks.

Statistics

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Transformation starts here

Find out more

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