Company Overview

BSE is Asia’s first, and the world’s fastest, Stock Exchange (formerly known as Bombay Stock Exchange). As India’s leading exchange group, it has played a prominent role in developing the Indian capital market. BSE provides an efficient and transparent market as well as a host of other services to capital market participants including risk management, clearing, settlement, market data services, and education. With a global reach, BSE has customers around the world in addition to their nation-wide presence.

Challenges

Safeguarding critical applications and data against cyber attacks

BSE, being a National Critical Information Infrastructure, plays a vital role in safeguarding critical systems essential to national security and the economy. As a prime target for web application layer attacks, BSE sought to enhance its security posture by deploying best-in-class solutions that could work to effectively protect their data, improve website performance, and simplify configuration.

In addition, they needed to upgrade their outdated and end-of-life database activity monitoring system to a modern solution to not only mitigate security risks, but to bolster regulatory compliance and enhanced operational and security efficacy.

Deployment

Ease of implementation of Imperva WAF Gateway and Data Security Fabric quickly fortifies applications, API, and data

BSE conducted a vendor selection process by analyzing market feedback to find products that aligned with its business goals and requirements, including robust data protection, enhanced website performance, and simplified configuration. Ultimately, BSE engaged in a POC (Proof of Concept) with Imperva to evaluate its comprehensive digital security portfolio that protects applications, APIs and data anywhere.

Throughout the process, BSE witnessed a multitude of key benefits of Imperva WAF Gateway and Data Security Fabric that solidified their decision. The ease of implementation, coupled with streamlined management capabilities, provided a seamless experience for BSE. Furthermore, the simple configuration and policy tunings empowered them to customize their security measures to align with their unique requirements. Together, the cutting edge solutions offer BSE a formidable defense against cyber threats, fortifying the confidentiality of their information.

Imperva WAF Gateway provides comprehensive protection tools and granular capabilities, making it the ideal solution to secure valuable web assets, achieve PCI compliance and provide iron-clad protection against OWASP Top Ten security attacks.

Imperva Data Security Fabric (DSF) is a robust and scalable hybrid, multi-cloud platform for data discovery and classification, activity monitoring, access controls, security analytics, threat detection, and compliance reporting. DSF provides comprehensive strengthening of protection for unstructured, semi-structured, and structured data, both on-premises and in the cloud.

The easy management interface and streamlined product configuration of Imperva WAF Gateway expedited the adoption process for the BSE team. Upon enabling the infrastructure for Imperva Data Security Fabric, BSE successfully completed the installation and initial configuration within a span of two weeks, including planning and execution. “As it goes with all lines of Imperva products, the implementation is simple and straightforward with its virtual appliances and agents on databases. And, configuration of policies and controls is much simpler.” said Shivkumar Pandey, CISO of BSE.

BSE experienced proactive involvement from Imperva’s team and partners throughout the implementation and received continued support post-implementation. “This is what makes the product best suitable for customers; Imperva has ensured excellence in both technology and the personal aspects of their services,” said Pandey.

Results

Unified protection of critical applications and sensitive data

With Imperva’s analytics platform enabled, Imperva Data Security Fabric strengthened the quality of monitoring and reports at BSE, increasing the caliber of their reports and adding value for both overall implementation and visibility into their data security. The integration of Imperva WAF Gateway and Data Security Fabric has resulted in a comprehensive cybersecurity strategy, providing BSE with a unified and proactive approach to protecting critical systems and sensitive data.

BSE experienced a significant reduction in the frequency of poor website performance and gained better protection against DB users’ login misuse. In addition, BSE has seen near-zero false positives and observed that the security alerts give their team a deeper visibility into attacks with Imperva WAF Gateway, allowing them to focus on their core operations.

Imperva WAF Gateway and Data Security Fabric are key tools for BSE in bolstering its security posture, allowing the organization to fortify its defenses against evolving threats in order to effectively safeguard critical systems vital to national security and the economy effectively.