Case Study for Trading Sector

CASB solution for Trading Sector

Introduction

Based in Asia, this Financial Advisory firm has its reputation built on its everlasting performance. With more than 20 years of rich experience, thorough market knowledge, risk management proficiency, innovative techniques and focused research, they advise on equity investments, fixed income markets as well as mutual funds. The firm’s capability to imbibe novel ideas and fresh technological concepts, which underlines their work culture, was their reason of deploying cloud with G Suite. Things were moving fine initially, but it did not take then long enough to realize the security lapses in their system due to cloud network flexibility, which was unable in safeguarding critical and sensitive data. Free and comfortable access to data was actually making that data prone to leakages. The firm required redirecting its employees to their internal system instead of them jumping directly to their personal mailboxes. They wanted to block personal Gmail access within the office network, and also wanted that users don't open their mailbox outside the office network. This cloud security challenge was then addressed once they deployed CloudCodes CASB solution.

Challenges with G Suite

When cloud applications were run in this enterprise, all throughout its different working segments, the IT staff started feeling that some unanticipated issues were creeping in, mainly because of the reason that the employees were having free access to data on their own personal accounts, using which, they can access company’s data anywhere and anytime, and also use sensitive financial data of the company for their own benefit without any restrictions imposed upon them. G Suite security was seemingly incapable of keeping cloud data safe. The firm was having this immediate requirement to impose some policies and restrictions to redirect its employees to its internal working system instead of directly accessing their mailboxes from any place and at any point of time. They wanted to block personal Gmail access in the office network and also didn’t want that the users open their mailboxes outside the office network.

CloudCodes for G Suite as a Solution

While searching for a useful CASB solution, this finance company had conducted a number of trials of CloudCodes CASB solutions, wherein, CloudCodes experts ran them through a number of used cases with managed as well as unmanaged devices. CloudCodes then implemented a tailored CASB solution for them with features including IP restriction and Personal Gmail Block; which provided this company with real-time cloud data protection, thus helping them significantly in getting much increased cloud data security on their office G Suite network.

Profile

Industry:

Trading

Geography:

Asia

Problem:

Free access to applications led to data leakages
Unable to secure sensitive and confidential data

Solutions:

Customized CASB solutions for data protection

Benefits:

Real-time data security of sensitive information
Restriction on certain application

Quote -

“The initial run was fine and did surprise us pleasantly by turning the tables with amplified productivity levels of our otherwise sluggish employees that did show on the business profits as well, but in the longer run, as we realized, this flexible cloud working system is inept in protecting critical data, and was actually serving it for leakage, which didn’t go well with us and we started looking for solutions. But all this while, we realized that we cannot do away with the already reaped benefits of working in cloud environment, so we wanted something middle way, to avail the best of the both worlds. We wanted to block personal Gmail access within the office network, and also wanted that users don't open their mailbox outside the office network. This cloud security challenge was then addressed once we had deployed CloudCodes CASB solution, which proved highly beneficial for us and we advocate it as a truly useful cloud security solution.”