Strengthening Cybersecurity: NatWest Cushon’s Journey with Keeper Security
Introduction to NatWest Cushon
As a dynamic player in the financial services sector, NatWest Cushon has been experiencing rapid growth, fueled by a cloud-first strategy and various acquisitions. However, this growth has brought unique challenges, particularly in managing cybersecurity. With a workforce expanding swiftly, the company recognized the need for a robust and centralized system to manage password security effectively.
The Cybersecurity Challenge
Inconsistent password management practices across departments were a pressing concern for NatWest Cushon. Employees utilized various solutions—or worse, no password manager at all—leading to disorganization and heightened security risks. This variance not only made it difficult to enforce best practices but also raised alarms about securely sharing sensitive information across teams.
Moreover, the company’s commitment to a cloud-first approach necessitated stricter security measures to fend off unauthorized access to vital systems. As a guardian of sensitive customer data, including pensions and savings, maintaining secure credentials was non-negotiable. Therefore, NatWest Cushon sought a solution that would deliver on not just password security but also compliance reporting and audit capabilities to meet stringent regulatory standards.
Key Challenges Addressed by Keeper Security
Inconsistent Password Management
Before implementing Keeper, NatWest Cushon grappled with the lack of a centralized password management system. Employees often stored sensitive information in browser-based managers, using insecure methods that made it tough for the organization to enforce password policies. This inconsistency threatened the sanctity of critical business information.
Limited Access Control
System administrators faced challenges tied to limited access controls, especially when managing the credentials of former employees. These gaps in access control created risks and difficulties in compliance with ISO certification and financial industry regulations.
The Decision to Switch
Recognizing these challenges, NatWest Cushon explored several password management solutions, ultimately choosing Keeper Security. Simon Stiebel, the Technology and Security Operations Director, highlighted Keeper’s comprehensive feature set and robust security measures, asserting, "Keeper was the most secure solution out there."
A Comprehensive Solution
Centralized System for Password Management
Keeper provided NatWest Cushon with a unified platform to securely manage and store passwords. This transition helped eliminate inconsistent practices and established a foundation for strong credential protection through a zero-trust architecture.
Smooth User Adoption and Training
The deployment of Keeper across the organization was facilitated by its dedicated onboarding team, simplifying the process for NatWest Cushon. The rich documentation and training resources allowed the company to engage employees effectively, ensuring high user adoption rates. "The onboarding journey with Keeper was exceptional," noted Stiebel.
Cost-Effective Options
No matter the scale, Keeper offers flexible pricing plans tailored to meet organizational needs, making it an economical solution. With top-tier customer support, organizations can make the most of their investment.
Advanced Security Features
Keeper’s multi-factor authentication (MFA) and end-to-end encryption provide an additional security layer. The tool also enables secure credential sharing, enhancing inter-departmental collaboration while safeguarding sensitive data.
Best-in-Class Security Architecture
Keeper’s zero-knowledge architecture, combined with advanced encryption methods, offers unmatched protection against data breaches. Its compliance with standards like SOC 2 and ISO 27001 secures sensitive information effectively.
Organizational Impact Post-Implementation
Since integrating Keeper across the organization, NatWest Cushon has seen transformative changes in its operations.
Enhanced Security and Compliance
The company’s security posture has greatly improved, ensuring compliance with ISO requirements in the UK. Administrators can monitor credential security in real-time via Keeper’s centralized dashboard.
Efficient Onboarding and Offboarding
With Keeper, credential access can be easily provisioned or revoked during onboarding and offboarding, resulting in streamlined processes. "Keeper has made onboarding and offboarding much smoother," remarked Stiebel, emphasizing its essential role in organizational security.
Proactive Data Protection
Keeper’s BreachWatch functionality provides real-time alerts on compromised credentials, enabling swift action to mitigate risks.
High User Adoption Rates and Seamless Collaboration
The user-friendly interface has contributed to high adoption, particularly among less tech-savvy employees. Keeper’s browser extension simplifies password management while fostering collaboration across teams.
Conclusion
Through its partnership with Keeper Security, NatWest Cushon has strengthened its cybersecurity framework significantly. The financial institution now enjoys streamlined operations, improved compliance, and a secure way to manage credentials—an essential foundation for continued growth in a rapidly changing digital landscape.
About Keeper Security
Keeper Security stands out as a leader in password management, offering unparalleled visibility and control for organizations. Its zero-knowledge security architecture ensures that sensitive data is protected, with features designed to scale for any business size. Integration capabilities with existing systems further enhance its utility, making Keeper a versatile choice for industries prioritizing cybersecurity.