Major Insurer Adopts Corvil Security Analytics

The solution delivers real-time network traffic visibility, user activity analysis and network forensics for more comprehensive cyber threat detection and faster incident response.

(Image source: Corvil homepage.)

Corvil (Dublin/New York) a vendor specializing in deriving security, operational, and business intelligence from network data, has announced that an insurer with more than $80 billion in assets under management, has implemented Corvil Security Analytics to deliver real-time network traffic visibility, user activity analysis and network forensics to provide more comprehensive cyber threat detection and faster incident response.

Dan Kennedy, VP and GM, Americas, Corvil.

Corvil’s client’s established a strategic priority for ensuring the security and compliance of sensitive data about millions of online customers, according to the vendor. In recognizing risks posed by its increasingly complex digital operations and looking for greater visibility within the network perimeter, the firm sought to fortify its security fabric. Following a competitive selection process, the firm enlisted Corvil to help mitigate risks associated with evasive threats. Among these threats are those that can often hide deep within normal network communications and seemingly appropriate user behavior, such as that of the firm’s workforce and thousands of remote representatives, Corvil reports. The vendor says that its ability to deliver granular insights and integrated workflows enabled faster and more complete investigations and threat hunting, resulting in more effective and efficient end-to-end security operations.

“Deployed across multiple data centers, Corvil’s continuous packet capture, analysis, threat-matching, prioritization, and alerting extended the scope of threat detection across the corporate network,” a vendor statement says. The vendor asserts that the client’s security team gained uniquely granular and contextualized insights into user and threat activity which drastically minimized the manual effort required for forensic investigation.

“Incomplete or shallow information about suspicious activity can often be worse than none at all, owing to the tremendous overhead on security teams who must determine whether a breach has occurred and the impact thereof,” comments Dan Kennedy, VP and GM, Americas, Corvil. “We have seen how empowering security analysts, of all levels, with greater insight can reduce attacker dwell times and improve the productivity of even high caliber security teams such as this customer.”

Intelligent Integration with Best-of-Breed Tools

Corvil characterizes its implementation effort as delivering intelligent integration with other best-of-breed security tools, extending the firm’s protection fabric from the perimeter, across the network, and into endpoints, enabling the firm to achieve the following, by the vendor’s description:

  • David Murray, Chief Marketing and Business Development Officer, Corvil.

    Operationalize the use of threat intelligence for faster breach detection

  • Streamline and unify file extraction, threat analysis, and perimeter response with a leading next generation firewall provider
  • Simplify tracking of attack indicators and processes across the network and within hosts with Carbon Black Cb Response
  • Deliver further correlation of events and faster investigation through bidirectional workflows with a leading machine data analytics SIEM platform

The vendor adds that what the firm saw as a combination of unique insight and integration was a key differentiator during the competitive selection process, enabling faster, more comprehensive response and maximized the value of their security ecosystem.

“The advanced persistent threat landscape coupled with heightened regulatory oversight and stakeholder demands for utmost assurances from those charged with handling their sensitive data have caused cybersecurity technology budgets to surge,” comments David Murray, Chief Marketing and Business Development Officer, Corvil. “However a disparate and siloed set of cybersecurity technologies introduces greater levels of complexity to already overburdened security teams.  Time and time again, customers and analysts tell us that solutions designed to participate in a wider security ecosystem of data collection, analytics and policy enforcement are intrinsically more valuable. This latest win demonstrates that our strategy to design interoperable, best-of-breed solutions addresses this pressing market demand.”

How Insurers Can Build an NAIC-Ready Cybersecurity Program

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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