Case Study: M bank boosts real-time security visibility and speeds incident response with Splunk

M Bank cuts security management time from hours to seconds with Splunk

M Bank, a fully digital neobank based in Mongolia, faced significant challenges in maintaining cybersecurity due to a lack of real-time visibility across its distributed, multi-platform IT environment. With over 100 siloed hosts and self-developed applications, its security team struggled with manual, time-consuming log checks, leaving them unaware of critical incidents. To address this, the bank selected the Splunk Enterprise Security SIEM platform through its technology partner.

By implementing Splunk Enterprise Security, M Bank gained a unified platform for real-time security visibility and proactive threat hunting. The solution provided pre-built and custom dashboards, enabling the SOC to reduce security management time from hours to seconds. According to the bank's Head of Information Security, Splunk helped achieve a 50% faster incident detection and response time, significantly enhancing the bank's digital resilience and customer confidence.

M Bank