Case Study
Investing in security: Raiffeisen Bank Aval protects customers and saves money with Axxon’s security platform
Investing in security: Raiffeisen Bank Aval protects customers and saves money with Axxon’s security platform
Raiffeisen Bank Aval, a branch of the global Raiffeisen International Bank, is one of the largest Ukranian banks, serving nearly 4 million customers and over 200,000 legal entities. In any bank, and in particular for a bank with such a large cus- tomer base and national reputation, safety is of utmost importance. It was critical that Raiffeisen’s security system prevent criminal activity, and provide the quickest and most effective response in case of any security breaches. Unfortunately, Raiffeisen’s existing system was unreliable - the system failed 3-4 times a month and needed to be re- started and re-configured each time. Every time this happened, the bank was left without any security system at all: an extremely risky situation. In addition, the current security providers failed