Major Retail company decreases cybersecurity Incidents by 60% and boosts customer trust with Loglix CISO-as-a-Service

‍Business overview & challenge

A prominent Retail company, handling large volumes of customer transactions daily, faced escalating cybersecurity threats targeting their customers' personal and financial data.The company needed to augment its cybersecurity defenses, safeguard its critical customer data, and ensure compliance with retail industry regulations such as PCI DSS. A significant challenge was the lack of strategic cybersecurity leadership and a comprehensive security program.

Solution

The Retail company employed Loglix CISO-as-a-Service to provide strategic cybersecurity leadership, design a comprehensive security program, and enhance their security defenses. Loglix expert team provided:

• Security strategy and policy development, tailored to the specific needs and challenges of the retail industry
• Vulnerability assessments and risk management planning to identify, prioritize, and remediate potential threats to their systems, networks, and applications
• Incident response planning to ensure a quick and effective response to any security incidents, minimizing potential damage
• Compliance management to ensure strict adherence to retail industry regulations such as PCI DSS
• Security awareness training for staff to mitigate the risk of internal threats

Loglix CISO-as-a-Service worked closely with the Retail company's IT and executive teams to address identified vulnerabilities, develop and implement strategic security measures, and cultivate a culture of cybersecurity awareness.

Results

As a result of Loglix CISO-as-a-Service, the Retail company achieved a 60% reduction in cybersecurity incidents, significantly enhancing the protection of customer data and financial transactions. This has resulted in a boost in customer trust and brand reputation, crucial for success in the retail industry. Streamlined compliance processes ensured their strict adherence to PCI DSS regulations, there by avoiding potential non-compliance penalties.

With Loglix SOC-as-a-Service, the Retail company achieved a 60% reduction in cybersecurity incidents, significantly enhancing the protection of customer data and financial transactions

With an improved overall cybersecurity posture and strategic security leadership steering them towards a risk-aware culture, the Retail company can now focus more on their core business operations and customer service, backed by a solid defense against the ever-evolving cybersecurity threats.