LoughTec awarded lucrative cybersecurity contract with Icelandic bank

Landsbankinn

LoughTec’s advanced cyber-security solution will protect Landsbankinn from content and device-based threats

LoughTec, one of the UK and Ireland’s leading IT infrastructure specialists, has been awarded a major cybersecurity contract from Icelandic bank, Landsbankinn.

The contract will see LoughTec’s cybersecurity suite being used across the Bank’s operations to identify, detect and remediate advanced security threats from data and devices on their enterprise network. This solution will help form part of Landsbankinn’s layered IT security strategy for their 800+ workforce across their 36 branch network and their 130,000+ personal and corporate customers.

LoughTec will work in conjunction with their US and EMEA partners OPSWAT to implement the Bank’s new cybersecurity suite. The suite will provide cutting edge agentless cyber incident detection and response, standard compliance assurance, file integrity monitoring, endpoint vulnerability detection and remediation, asset management, shadow IT discovery and advanced business intelligence.

Seán McDermott, CEO of LoughTec, said, “We are delighted to be working with Landsbankinn to implement a number of our IT security solutions. They are a market leader in Iceland’s financial services sector, so we look forward to working strategically with their internal IT team in the coming years to further improve their IT security.”

Hakon Akerlund, IT Security Manager at Landsbankinn, said, “We at Landsbankinn look forward to working with LoughTec over the next three years. The OPSWAT technology stack has given us an additional layer to our current security and enabled us to give our customers the same experience online as they can have at a  branch office. The entire OPSWAT stack was efficient to implement and integrated seamlessly with our current application programming interface (API), without any development requirements.”

“We at Landsbankinn look forward to working with LoughTec over the next three years. The OPSWAT technology stack has given us an additional layer to our current security and enabled us to give our customers the same experience online as they can have at a  branch office. The entire OPSWAT stack was efficient to implement and integrated seamlessly with our current application programming interface (API), without any development requirements.”

LoughTec’s advanced cyber-security solution will protect Landsbankinn from content and device-based threats:

  • MetaDefender Internet Content Adaptation Protocol (ICAP) will be integrated with the Bank’s network appliances to protect against advanced threats in network traffic and storage devices. Industry-leading multi-scanning, vulnerability scanning and data sanitisation (content disarm and reconstruction (CDR)), vulnerability assessment and data loss prevention (DLP) technologies will also be implemented, ensuring users can respond in seconds to the next threat that affects their servers and systems.
  • Data sanitisation (CDR) is an advanced threat prevention technology that does not rely on detection. LoughTec’s technology assumes all files are malicious and sanitises and rebuilds each file, ensuring full usability with safe content for the user. This technology is highly effective in preventing known and unknown threats, including zero-day targeted attacks and threats that are already equipped with malware evasion technology, including fully undetectable malware (FUD), VMware detection and obfuscation.
  • Multi-scanning is an advanced threat detection and prevention technology that increases detection rates, decreases outbreak detection times and provides resiliency to anti-malware vendor issues. LoughTec’s US and EMEA partners OPSWAT pioneered the concept of multi-scanning files with over 30 anti-malware engines available, to deliver enhanced protection from a variety of cyber threats. Landsbankinn will now be able to utilise this technology for their enterprise network.

LoughTec has an extensive track record in assisting customers with their IT infrastructure across several sectors, including pharmaceutical, education, health, agri-food and security.

For further information on how LoughTec can assist you with your IT infrastructure, call 028 8225 2445, visit www.LoughTec.com or email info@loughtec.com.

LoughTec: Watertight Cyber Security and IT Solutions