Concentra Bank, one of Canada’s BFSI giants has become a flagbearer of digital banking in the country’s cred union, commercial, and retail banking space. Operating for over six decades with 35 billion dollars in managed assets, the organization has inspirationally embraced an Azure-native Cloud ecosystem and envisions being the most forward-thinking digital bank in the nation’s entire mid-market space.
While the migration to the Azure cloud was a seamless one, the existing vendor possessed limited cybersecurity and compliance management competencies. Being a financial institution governing hyper-critical data of businesses and consumers, this presented a substantial gap in alerts handling, threats management, and overall operational continuity.
Cloud4C was roped in for its in-depth cybersecurity acumen and fail-proof deployment expertise for large-scale banking firms globally. Post thorough analysis, Cloud4C opined to custom integrate the advanced SIEM-SOAR Azure Sentinel solution with Concentra’s existing Azure services and subscriptions. A dedicated ITSM platform in addition, paired with sound reporting and governance assisted Concentra to have a seamless overview of its IT risk and compliance posture, automate threat response actions, and alienate security stress while focusing on the core vision.
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7+ RegTech Frameworks, 40+ Security Controls
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