Shikoku Bank Enhances Cybersecurity with BBSec's G-MDR Service

In a significant move towards improving its cybersecurity measures, Shikoku Bank has incorporated BBSec's cutting-edge service, G-MDR (Global Managed Detection and Response). This full-outsource security operation service is essential for protecting vital financial data against an increasingly complex landscape of cyber threats that have expanded globally.

Understanding G-MDR

G-MDR is designed to monitor for signs of cyberattacks, providing continuous detection, analysis, and immediate response support, operating round-the-clock, 365 days a year. This strategic decision enables Shikoku Bank to bolster its operational sophistication and optimize its daily tasks in alignment with guidelines set by Japan's Financial Services Agency.

Context for Adoption

With the rise of sophisticated cyberattacks targeting financial institutions both domestically and internationally, especially in the midst of global geopolitical tensions, the need for robust cybersecurity is more critical than ever. The Financial Services Agency has updated their guidelines, emphasizing a risk-based approach to enhance continuous detection and response capabilities against cyber threats. However, many institutions face challenges such as increased workload from alert responses, difficulties integrating logs across various products, and the need for advanced skills and training for cybersecurity personnel.

To address these challenges, Shikoku Bank has turned to BBSec's G-MDR. This service utilizes an OpenXDR (Extended Detection and Response) framework, allowing integrated analysis of data from different vendor products. This unique capability fosters a flexible monitoring system not tethered to a single vendor, thereby speeding up threat detection and response times.

Future Developments

Looking forward, BBSec's vision for 2030 is centered on instilling cyber resilience in all organizations. They are committed to evolving and automating managed security services both in Japan and abroad. The adoption of G-MDR marks a crucial step towards this goal. Plans for automating correlation analysis through OpenXDR and integrating AI-driven threat intelligence aim at establishing standard models applicable across various industries.

Moreover, G-MDR addresses common challenges faced by financial institutions, such as the difficulty of conducting continuous 24/7 monitoring, staff shortages, and log integration across multiple products. BBSec is also in discussions for several similar projects beyond the financial sector.

BBSec remains focused on delivering advanced cybersecurity solutions to critical infrastructure providers, contributing to a safer and more secure digital society.

About BBSec

Founded in 2000, BBSec is a total security service provider that offers a comprehensive suite of services ranging from risk visualization and diagnostics to operational support around the clock. Leveraging high technical capabilities, extensive experience, and broad information-gathering resources, BBSec aims to solve societal challenges associated with supply chain attacks, social infrastructure threats, and security in the age of AI. Their mission is to protect a larger clientele from malicious attackers while creating a safe and convenient network society.

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