Case Study: European Bank mitigates breached account risk with Keepnet Labs Threat Intelligence

How a European bank successfully minimized cyber risks from compromised accounts

A European bank with over 23,000 employees faced the challenge of proactively managing the risk of compromised accounts and supply chain threats that could lead to financial loss and operational disruption. To mitigate these risks and safeguard its reputation, the bank sought a solution to identify data breaches quickly and took preventive action, leading them to partner with Keepnet and implement its Threat Intelligence product.

Using Keepnet's platform, the bank was able to silently and continuously monitor the dark web for compromised employee credentials. This solution enabled them to take immediate action, such as enforcing training and multi-factor authentication, which successfully prevented a potential financial loss of $20,000,000. The results included strengthened security protocols and real-time prevention of security incidents.