Standard Bank leverages RiskIQ product suite to automate the defence of its digital presence

San Francisco, 03 May 2018
Read time 2min 50sec

RiskIQ, the leader in digital threat management, today announced that Standard Bank has deployed its suite of products to automate the discovery and threat analysis of brand infringement, cyber crime and Web-based attacks against its digital presence.

Fact sheet
Solution: RiskIQ
Industry: Banking
Provider: Obscure Technologies
User: Standard Bank

Like many other global financial service providers, Standard Bank's digital journey has increased its online presence across Web, mobile and social channels, making it difficult to bring all digital assets under the scope of their security program. For example, their central security team lacked visibility into legitimate mobile applications published in the primary app stores being copied and distributed through secondary and affiliate app stores, which could be modified to be malicious, leading to brand and customer impact.

To automate the discovery and threat analysis of the full digital presence, Standard Bank selected RiskIQ as its digital threat management partner, using both RiskIQ Digital FootprintTM and RiskIQ External ThreatsTM solutions.

"The intelligence provided by RiskIQ has enabled visibility and collaboration between our central and decentralised teams to continually improve our security posture and protect the bank and our customers from cyber threats," said Robin Barnwell, Head: PBB IT Security. "RiskIQ has now become the CMDB for our Digital Footprint assets."

RiskIQ now provides Standard Bank in-depth information about its digital assets and highlights potential risks. The Standard Bank security team uses this information to ensure compliance with corporate standards and central visibility of all digital assets, alerting them to changes such as new redirections appearing on webpage links. The team also uses RiskIQ intelligence to clean up domain and certificate registrations and find and update older untrusted certificates across its web estate.

Meanwhile, to uncover brand-related threats, Standard Bank uses Mobile Threats and Domain Infringement, both part of RiskIQ's External Threats solution. Using the intelligence provided by Mobile Threats, the security team can track where apps are published and request the removal of apps that end up in unauthorised stores, as well as identify and track mobile apps not owned by them that leverage their brands. The Standard Bank team also uses the Domain Infringement module to identify newly-registered domains that infringe on its brand. In conjunction with the marketing team, the Standard Bank security team has recently started monitoring the social media accounts, including corporate accounts, brand accounts, and the social profiles of key executives, which can be used in phishing and credential-harvesting campaigns and can affect user trust and brand perception.

Given its success with RiskIQ solutions, Standard Bank has gained visibility into its digital presence across Web, mobile and social channels and can work with the business to proactively address areas of weakness.

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RiskIQ is the leader in digital threat management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organisation's digital presence. With more than 75% of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over Web, social and mobile exposures. Trusted by thousands of security analysts, RiskIQ's platform combines advanced Internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk and take action to protect the business, brand and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures. Visit or follow us on Twitter.

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Obscure Technologies

Obscure Technologies is a firm of experts specialised in brokering the best security solutions to market. Obscure Technologies dreams, lives and breathes security, which, for the company, is more than selling a point security product.

It's about serving as a valued channel for vendors and customers through the promotion of information security products, and demystifying murky concepts.

By keeping up to date with dynamic security trends, global developments, local markets and the uppermost benchmarks of service, the company is able to sustain and enhance its own expertise. This culminates in end-to-end innovative technology and professional solutions for its partner community.

Obscure Technologies is inspired by blazing new trails in its niche; by forging new paths in the industry. It is driven by creativity, courage and spirit, and it's driven to develop technology brands alongside its partners and clients.

Want to learn more? Contact the Obscure team:
Tel: (+27) 12 941 2032

Editorial contacts
Obscure Technologies Surita Schoeman (+27) 012 941 2032
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