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                Lake Area Bank Case Study

                Protecting client data from evolving security threats

                Lake Area Bank, a community bank with 7 locations in Minnesota, was a victim of a phishing attack. Unsure if any data was stolen, the bank engaged SecureWorks for incident response and digital forensic services.

                No business or individual is immune to the accelerating volume of attacks. To protect data from evolving threats and meet stringent government regulations, Lake Area Bank must maintain round-the-clock network-perimeter defenses, monitor all internal traffic, and filter email. The effectiveness of security solutions vary and so the bank is highly selective in the tools it uses.

                Business Need:

                Lake Area Bank must protect customers' accounts and data while meeting stringent regulatory requirements.

                Solution:

                The bank uses SecureWorks to monitor its network perimeter, gain real-time insight into potential threats, and seamlessly tap into expert resources for incident response if needed

                Benefits:

                • Defends the bank's environment 24/7/365
                • Simplifies compliance with government regulations
                • Saves thousands of dollars in a forensic investigation
                • Boosts IT staff efficiency and reduces stress
                • Saves weeks of time in responding to a trojan virus with a managed security and incident response service

                We generate around 2 billion events each month. With Secureworks, we are able to crunch down that number to 20-30 high fidelity alerts — and that makes my team's job much easier.
                Sunil Saale, Head of Cyber and Information Security, Minter Ellison
                Red Cloak™ Threat Detection and Response isn’t just the next generation of SIEM, it’s an evolution.
                David Levine, CISO, Ricoh Group

                Why Secureworks®?

                The old approaches to cybersecurity are no longer adequate. It’s time for something new. Layered defenses can create almost as many problems as they solve, and security teams struggle to keep up with the threat. What you need is context across all your layers of defense with the right people, processes, and technology working together in concert. That’s how Secureworks can help. Using 20+ years of industry knowledge, advanced analytics, industry-leading threat intelligence, and the network effect of more than 4,000 customer environments, we provide world-class cybersecurity solutions to customers around the globe. This unmatched experience empowers our customers to be Collectively Smarter. Exponentially Safer.™

                Our Managed Detection and Response (MDR) solution is comprehensive, powered by our cloud-native software Red Cloak™ Threat Detection and Response that uses AI and machine learning to deliver better outcomes for your security operations. MDR unifies telemetry from your existing security technology to maximize visibility, reduce complexity, and enable you to move at the speed of the threat. Learn more about how Managed Detection and Response uses contextualized visibility to improve your organization’s security posture.

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