German lender DZ BANK has chosen Vectra’s Cognito cyberattack-detection and threat-hunting platform to identify hidden threats within its network in real time.
Powered by artificial intelligence (AI), Cognito’s technology is said to automatically triage alerts with threat and certainty scores.
These scores are displayed on the Vectra Threat Certainty Index, enabling the bank’s security team to gauge which host devices with attack indicators have the biggest risk.
The vendor said that its solution will enable the bank to adhere to the European Union General Data Protection Requirement (GDPR).
However, this is said to be difficult in Germany as electronic monitoring of staff and communications are banned in the country.
Vectra noted that Cognito enables the bank to detect advanced threats quickly without prying.
This is because it evaluates enriched network metadata, relevant logs and cloud events instead of payloads or communications content, the vendor said.
DZ BANK senior services manager for IT security Matthias Tauber said: “With Cognito, I can focus on the highest-risk threats.
“With other solutions, I have to filter to get rid of hundreds or thousands of false positives.”
Being the second largest bank by assets in Germany, DZ BANK provides retail, corporate as well as institutional banking services.