Financial Crime World

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Cybersecurity Concerns on High Alert in San Marino’s Financial Institutions: Banca di San Marino Leverages Juniper Networks for Enhanced Threat Detection and Response

In a bid to fortify its defenses against growing cyber threats, Banca di San Marino has deployed Juniper Networks’ Connected Security platform to safeguard its internal and external networks.

Enhancing Threat Detection and Response

The innovative solution, powered by the SDSN framework, utilizes the entire network as a threat detection and security enforcement domain, dynamically detecting and responding to potential threats in real-time. This enables faster and more efficient threat mitigation by enforcing a consistent security posture across its entire network infrastructure.

Deployment Details

  • The bank’s disaster recovery site is equipped with Juniper Networks SRX345 Services Gateways and vSRX Virtual Firewalls, managed by Junos Space Security Director with Policy Enforcer.
  • Banca di San Marino also plans to integrate Juniper Sky Advanced Threat Prevention into its security infrastructure, enabling real-time monitoring of internet traffic flowing in and out of its local area network.

Benefits

The deployment of SRX345 firewalls has provided the bank with high-performance security features, including:

  • Advanced threat intelligence delivered on a scalable and resilient platform
  • Seamless connectivity within the data center and office environments via Juniper Networks EX4600 and EX3400 Ethernet Switches

Streamlining Security Operations

By leveraging Juniper’s SDSN framework, Banca di San Marino has streamlined its security operations, enabling:

  • Faster threat mitigation by enforcing a consistent security posture across its entire network infrastructure
  • Improved ability to detect and respond to sophisticated threats, including hard-to-catch malware that might have otherwise evaded signature-based defenses

Enhanced Protection against Real-time Attacks

With Juniper Sky ATP in place, Banca di San Marino is protected against real-time attacks, including:

  • Ransomware
  • Emerging threats like business e-mail compromise

According to Zanotti, “With Juniper, we’ve significantly improved our ability to stop zero-day attacks against our customers and colleagues.”