Industry: Banking Sector
Enhancing Network and Security Infrastructure for a Leading Bank
Facing the ever-evolving landscape of cybersecurity threats and the increasing demands of a digital-first banking world, the organization embarked on a mission to fortify its systems. This case study offers a close examination of the challenges, strategies, and outcomes of this remarkable initiative, shedding light on the innovative solutions employed to secure sensitive data and enhance operational efficiency.
100%
Enhanced Security
97%
Efficient Network Management
95%
Seamless Remote Work
Client Overview
Our client is one of India’s premier banks. This Indian multinational bank is a provider of banking and financial services to the public sector.
- The bank has over 200 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees, etc.
- This is a Fortune 500 entity and is ranked among top 50 Global Banks.
- With more than 24,000 branches situated in India and an additional 190 offices spread across 35 other countries worldwide, the bank boasts of a vast branch network.
- The bank desires a total transformation of IT infrastructure and business operations of their Frankfurt branch.
- Industry: Financial services
- Company Size: (20000-200000 employees)
- Headquarter: India
- Project Location: Frankfurt, Germany
- Total Branches: 24000 (India), 190 (Worldwide)
- Customer Base: 400 Millions
- Project Status: Ongoing
Project Challenges
The bank organization encountered several significant challenges before partnering with us:
- Outdated Firewall System: The existing firewall was outdated, incapable of meeting modern security requirements, and posed a significant risk to their sensitive financial data.
- Lack of a Comprehensive Proxy Solution: The absence of a proxy solution left their network exposed to external threats and hampered monitoring and control.
- Complex Network Device Management: Managing a multitude of network devices, keeping them up-to-date with the latest IOS upgrades, monitoring their performance, and ensuring overall maintenance was a daunting task.
- Network Segmentation Needs: To enhance network security, a new IP segmentation schema was required in their existing infrastructure.
- Disaster Recovery Requirement: The bank needed to implement a robust disaster recovery plan, including setting up a new network infrastructure at a data center and ensuring parallel data synchronization with the running infrastructure.
- Remote Workforce Needs: With the increasing trend of remote work, there was a demand for setting up workstations for 20 employees at a remote location using VPN technology.
- End of Support Devices: Several devices in their network infrastructure had reached their end of support, posing a significant risk to their operations.
BaryTech Solution
In response to the client’s challenges, we provided a comprehensive solution that involved the following key elements:
Next-Generation Firewall Implementation
We replaced the outdated firewall with a state-of-the-art Next-Generation firewall, ensuring robust protection against evolving cyber threats.
Proxy Solution Integration
We implemented a robust proxy solution to secure their network, control access, and enhance monitoring capabilities.
Network Device Management
Our team undertook the management, maintenance, IOS upgrades, and monitoring of network devices, ensuring optimal performance and security.
Disaster Recovery Setup
We established a new network infrastructure at a data center, ensuring parallel data synchronization with the existing infrastructure, minimizing downtime in case of a disaster.
IP Segmentation Schema
A new IP segmentation schema was introduced to enhance network security and isolate critical assets from potential threats.
Remote Workstation Deployment
We successfully set up workstations for 20 remote employees, providing them with secure and efficient access to the bank's systems.
End of Support Device Replacement
We replaced end-of-support devices with modern, secure, and efficient alternatives, strengthening the overall network infrastructure.
Implementation
Collaborative Approach
Our project implementation was a collaborative endeavor, from inception to completion. A strong partnership was forged with the bank's IT department, fostering effective communication and synergy between teams. This close collaboration allowed for a seamless transition and deployment of new solutions.
Methodical Planning
A key focus of our implementation was to minimize disruption to the bank's daily operations. To achieve this, meticulous planning was conducted. Every stage of the project was thoughtfully designed and executed to ensure minimal downtime and operational risks.
Rigorous Testing
Rigorous testing procedures were put in place to guarantee the efficacy and stability of the new solutions. Stringent quality assurance checks were performed at each phase to identify and rectify any potential issues, ensuring the system's reliability and performance met the bank's stringent standards.
Outcome
The outcome of this project was a resounding success for our client:
Enhanced Security
The introduction of a Next-Generation firewall and IP segmentation significantly bolstered the bank's network security, protecting critical assets from potential threats.
Efficient Network Management
The efficient management of network devices, maintenance, and upgrades resulted in improved performance and reliability.
Disaster Recovery Preparedness
The bank is now well-prepared to deal with disasters, thanks to the establishment of a robust disaster recovery setup with parallel data synchronization.
Seamless Remote Work
The remote workstation setup allowed 20 employees to work efficiently from remote locations, ensuring business continuity.
Modernized Infrastructure
The replacement of end-of-support devices with new ones has modernized the bank's network infrastructure, reduced vulnerabilities and enhancing overall efficiency.
