The global financial services industry is at a critical inflection point, driven by rapid digital transformation, evolving risks, and intense competition from fintech companies and challenger banks. To navigate this disruption, traditional institutions must transform their Security Operations Centers (SOCs) to address new, often AI-generated, threats while simultaneously enabling innovation and maintaining customer trust. Legacy, human-first SOC models simply cannot keep pace with the millions of transactions per second and the speed and accuracy demanded by modern financial services.

Key Business Outcomes from Security Platformization:

• Achieve an average ROI of 118%, compared to 45% for nonplatformized organizations.
• Reduce the time to detect a security incident by 53 days, on average.
• Decrease the time to contain threats by 55 days.
• Banking organizations spend less on cybersecurity as a percentage of their IT budget.