Banking / Financial Services / Insurance

Yuanta Securities strengthens security and compliance with EventLog Analyzer

Yuanta Securities
Yuanta Securities

About Yuanta Securities

A subsidiary of Yuanta Financial Holdings, Yuanta Securities is a China-based financial services firm. With over 8,000 professionals providing diversified financial services, Yuanta Securities is the largest retail broker in Taiwan and has a significant institutional securities business in Taiwan and Hong Kong.

  • Employee size

    501-1000 employees
  • Country

    Indonesia
  • Industry

    Banking / Financial Services / Insurance

Business challenges:

Lack of security monitoring tools: Yuanta Securities’ IT team found it challenging to track security events in real-time, increasing the risk of unauthorized access and compliance violations.

The problem

Before implementing EventLog Analyzer, Yuanta Securities struggled with tracking security logs and ensuring compliance. Devi Iskandar, IT Officer at Yuanta Securities, explained, “Before implementing EventLog Analyzer, we faced significant challenges in security monitoring and compliance reporting.”

Yuanta Securities sought a more effective, automated, and real-time security monitoring tool that would enable them to stay compliant with regulations.

The Solution

After evaluating many solutions, notably LogRhythm, Yuanta Securities' IT team zeroed in on EventLog Analyzer as their log management solution. As a result, the organization was able to centralize and automated log management, thereby improving security visibility and compliance reporting. Iskandar said that the solution’s centralized log collection feature allowed the IT team to gather logs from servers, endpoints, and other network sources, streamlining their log management process.

Hailing the real-time alerting feature, Iskandar shared, “The real-time alerts provide notifications via email or other integrations, making us feel safe anywhere.” This feature ensured that any suspicious activity was detected immediately, allowing the IT team to take quick corrective actions.

Yuanta Securities' IT team found EventLog Analyzer’s compliance reporting capabilities extremely powerful, particularly for log monitoring and security audits. Iskandar noted, “We primarily use this product to generate reports on login activity for audit purposes, and it works perfectly for compliance.”

Yuanta Securities praised ManageEngine’s support team, commenting that “The support team provides great service." Iskandar opined that EventLog Analyzer is a powerful solution that is tailor-made for compliance reporting.

With a 10/10 rating for overall experience and a 10/10 recommendation score, Yuanta Securities highly recommends EventLog Analyzer for organizations looking to improve log management, security monitoring, and compliance tracking.

About EventLog Analyzer

EventLog Analyzer is complete log management software that provides holistic cybersecurity. It collects, analyzes and manages log data from over 700 log sources. With real-time security auditing capabilities, it's easier to monitor critical changes in all your end-user devices. EventLog Analyzer offers instant threat detection to uncover security threats using event correlation and threat feed analysis, and instant mitigation using automated workflows. For more information about EventLog Analyzer, visit manageengine.com/products/eventlog/.

Log360 is a unified SIEM solution with integrated DLP and CASB capabilities that detects, prioritizes, investigates, and responds to security threats. It combines threat intelligence, machine learning-based anomaly detection, and rule-based attack detection techniques to detect sophisticated attacks, and offers an incident management console for effectively remediating detected threats. Log360 provides holistic security visibility across on-premises, cloud, and hybrid networks with its intuitive and advanced security analytics and monitoring capabilities.

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