Monitoring the Dark Web for threats to banks
Cydea Tech has implemented a managed cyber threat intelligence service for the Pakistan financial sector. The collaboration with Skurio and the industry payment technology consortium, 1LINK, gives banks vital early warning indicators of cyber attack planning and data breaches. The move follows a government directive to improve security after a 2018 incident that resulted in significant amounts of breached data appearing on the Dark Web.
Sharing cyber intelligence amongst all financial institutions in Pakistan would be difficult without a centralised platform. Recognising the need for a trusted industry partner to be involved, Cydea Tech CEO and founder Mahir Mohsin Sheikh approached 1LINK to create a technology partnership that works as the key switch for Pakistan's 37+ banks and financial institutions, handling a broad range of banking transactions.
The Challenge
Account holders' data was being sold on the Dark Web
Banks were unaware of unauthorised transactions and banking system breaches until it was too late
The Solution
Fully automated monitoring for attack planning and data breaches
Collaboration tools to allow analysts to investigate and share information with the banks
The Results
Analysts focus on processing threats and not gathering information
Able to react as soon as a threat is detected, to keep customers' data safe and avoid data leakage
What Our Customers Have To Say
"Skurio’s keyword search & monitoring make it an ideal platform for us to use for external threat hunting, it’s extremely flexible.”
Mahir Mohsin Sheikh
CEO and Founder
“The platform, itself, is quick to set up and very intuitive, making it easy to create notifications and search its historical database.”
Brigid Macdonald
IT Manager
”The ROI of Skurio is clear. We know it works because, when we get alerts, we can instantly see the provenance of breaches. This way, we know straight away if they pose a real threat.”
David Perstl
Security Officer
”It doesn’t have to be complicated, and that’s what we love about the platform. It’s easy to use and has great functionality.”
Amber Burridge
Head of Fraud Intelligence
"With Skurio, we can easily keep on top of incoming alerts and investigations using a team of two people without impacting their other day-to-day responsibilities”
James Borne
IT Leader
