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How Security Orchestration and Automation Make Banks Cyber Resilient

July 18, 2019 / Scott Hiemstra

As hackers become savvier, it’s not enough for security systems to recognize a threat after networks and devices are compromised. Today, security systems must anticipate threats by taking a holistic view of the technology ecosystem — from the cloud to a freelancer’s company phone — and make predictions for how to best protect itself. SOAR systems, by providing Security Orchestration, Automation and Response, do just that, allowing financial institutions to achieve security at a level beyond mere threat remediation. SOAR is a method of connecting security tools and integrating disparate security systems so that they are aware of security threats and information collected across the security ecosystem via an interconnected layer. This interconnected layer comingles threat alerts, streamlines the remediation process and enables security automation, or the ability for systems to predict and protect against threats using artificial intelligence and machine learning.