Credit Union
Case Study
FINANCIAL SERVICES
ISSUE: Limited staff, increasing compliance demands, and tool sprawl challenged a financial institution operating in a high-risk, complex environment.
SOLUTION: UncommonX provided a single Exposure Management platform with full visibility, integrated vulnerability management, compliance reporting, and a 24/7 Managed SOC acting as an extension of their team.
$520k in savings achieved through the migration to UncommonX MDR, the elimination of third-party SIEM and storage systems, and costs avoided by adopting the UncommonX platform. for Vulnerability Management and Risk and Compliance.
Challenge:
Banks and Credit Unions face intense regulatory scrutiny, privacy concerns, and high risk from security breaches. One financial client turned to UncommonX after confronting costly challenges, including replacing their MDR provider, launching a vulnerability management program, and meeting stricter compliance and audit requirements. During a proof of concept to validate our platform and 24/7 SOC, additional audit demands emerged—further highlighting the need for real-time vulnerability data and comprehensive security support.
Solution:
During the POC, UncommonX applied its Vulnerability Management capabilities to help the client address audit and compliance requirements. The successful outcome led the client to adopt the UncommonX platform and 24/7 SOC to support a wider range of needs, including compliance reporting. After onboarding, the platform’s effectiveness allowed the client to retire their existing SIEM provider—delivering significant additional cost savings.
Results:
Once fully onboarded, the client significantly reduced their annual IT and cybersecurity costs across Security Operations, SIEM, Vulnerability Management, and Compliance. These savings, combined with cost avoidance on other tools and services, led to improved cybersecurity posture, greater IT visibility, and enhanced operational efficiency. Unlike many organizations that spend more without reducing risk, this client achieved measurable savings and stronger security with UncommonX.