eFinance Strengthens the Digital Payment Security Ecosystem in Egypt with LogRhythm SIEM
eFinance, EFIG's subsidiary, has partnered with LogRhythm to rapidly detect and mitigate threats in Egypt’s digital payment security ecosystem with LogRhythm SIEM.
eFinance’s flagship Government Financial Network processes an annual aggregate of around 500 million transactions for 1.6 trillion Egyptian Pounds (EGP) between government payments and collections.
Due to the critical nature of its service, it implemented LogRhythm security information and event management (SIEM) to enhance its cybersecurity posture with a solution it could rely on to rapidly detect and mitigate threats, support its financial and hosting services and ultimately help it safely provide its integrated digital payment platforms in Egypt.
LogRhythm came up with a tailored approach for eFinance to reduce MTTD and MTTR to threats.
“It’s clear to see that LogRhythm’s people and culture set it apart from its competitors. LogRhythm doesn’t just provide a solution, it provides continuous support to help us achieve the strongest possible security posture,” said Mahmoud Dorgham, InfoSec Head at eFinance.
“Not many SIEM solutions on the market support our need to scale. LogRhythm SIEM provides us with a flexible, scalable, and reliable solution that can evolve to match the ever-changing threat environment,” Dorgham added. “Their integration capabilities, and its user-friendly interface and dashboards allow our analysts to drill down on emerging security risks in real time.”
By deploying LogRhythm SIEM, eFinance gained the tools to establish a fully functional security operations center (SOC) with a unified security solution that could grow with its business.