Case Study: Novuna achieves greater uptime and stronger security with Splunk

Novuna saves $500,000 in 8 months with Splunk

Novuna, a UK-based finance provider, faced the challenge of evolving its security capabilities to protect customer data and ensure service reliability. To maintain the trust of its millions of customers, the company needed to consolidate its information security management and proactively mitigate threats. Novuna turned to Splunk, adopting Splunk Enterprise Security (ES) as its SIEM platform to advance its security analytics and threat intelligence.

By implementing Splunk Enterprise Security and Splunk SOAR, Novuna consolidated its security operations onto a single platform. This solution enabled deeper collaboration between IT and security teams, provided comprehensive alerting, and automated the initial analysis of security events. The results were significant: Splunk SOAR managed 80,000 events, saving over $500,000 in eight months and avoiding three years of manual logging. Splunk's platform increased uptime, streamlined workflows, and ultimately deepened customer trust.

Novuna