Case Study
Major Card Processor Turns to Lastline For More Accurate Threat Detection and Response
Case Study Major Card Processor Turns to Lastline For More Accurate Threat Detection and Response The Challenge Data breaches continue to barrage the financial services industry, especially card processors. Organized crime targets these firms with highly sophisticated attacks designed to harvest credit card data. This high-value data is then sold very profitably on forums on the dark web. The cost per breach is high for financial firms. The average data breach cost per record breached in the financial industry is approximately 50 percent higher than for other industries. Lack of visibility, lack of automation, and the growing volume of sophisticated attacker activity continue to besiege these organizations’ defenders. The card processor was using virtualized sandbox technology th