Inventx: End-to-end security with "24/7 Eyes on Screen"
Inventx, IT and digitalization partner to renowned Swiss banks and insurance companies, has introduced a new, expanded security operations model that ensures continuous round-the-clock monitoring over and above the usual on-call services. However, the new model is more than just an increase in the ability to respond to cyber incidents.
One in five cyberattacks in Switzerland targets the financial industry. In its supervisory communication in June of this year, FINMA had already put its finger on the sore point that some financial institutions were not monitoring their information and communication technology promptly and systematically and that in some cases critical log data was only evaluated during office hours.
Reto Zeidler, Cyber Security Cluster Leader at Inventx, says: "Making employees work through the night is not only unhealthy, but also unpopular with experienced specialists. The challenge is to ensure FINMA compliance and at the same time offer the required talent attractive work and development opportunities."
Inventx has therefore switched its Cyber Resilience Center to a "Follow the Sun" operating model since 1 September, which guarantees round-the-clock security monitoring. "24/7 Eyes on Screen" means uninterrupted manned monitoring, including at night and on weekends and public holidays, which is made possible by seamlessly linking the Switzerland-based ix.CyberResilienceCenter with a location in Vancouver, British Columbia/Canada, which is also operated by Inventx itself. This location offers ideal conditions in terms of the required data protection standards in a complementary time zone. The close economic ties between Switzerland and Canada also facilitate the secondment of employees from Switzerland.
Inventx is therefore one of the very few providers on the Swiss market with an end-to-end "Security Operations Center as a Service" (SOCaaS).
With the efficient round-the-clock operation and corresponding immediate response options, Inventx customers can better meet strict compliance with legal and regulatory requirements and customer protection is increased. The model also strengthens Inventx's attractiveness as an employer, giving sought-after security talent in particular the opportunity to gain experience abroad and advance their personal development.
Source: www.inventx.ch
