API & Application Protection for Financial Services
Secure the APIs and applications that manage your customers’ sensitive data and financial transactions with confidence – not complexity.
Effectively Block Threats Targeting FinTech, Banking, and other Financial Organizations
Segpay is in the digital payment processing space and, therefore, attracts a fair amount of cyberattacker attention. “We have this target on our back constantly,” said Segpay’s Director of Operations Marco Escobar. “And though the attackers haven’t been able to penetrate our systems, they’re becoming smarter, and more evasive.”
This past fall, Segpay experienced cyberattacks that featured bots inputting a series of different credit card numbers into the system to see if any would get approved. None of the attacks were successful, but Segpay did face thousands of transactions in a short period of time, which obviously required a time- and resource-intense response.
Segpay found that ThreatX’s behavioral threat detection gives them more accuracy and flexibility when bots are carrying out attacks by cycling through multiple IP addresses. ThreatX identifies the behavior as malicious and immediately blocks the attacker without having to block individual IP addresses – which can be both time-consuming and inaccurate.
“ We look at our ThreatX dashboard and pinpoint whether attackers are just getting their feet wet, or really trying to exploit us. It’s a good visual because we can see clearly what to focus on. With other solutions, it was just an immediate block for anything that met a rule. ”
Read the full case studyWhat Our Customers Are Saying
Solutions
