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Global Banks Slash Security Costs 5X with Threat Model Training

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Manage episode 486520816 series 3667853
Content provided by Varun Kumar. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Varun Kumar or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Discover how a global financial institution transformed its security posture and achieved massive cost savings through targeted threat modeling training.

Facing challenges like inconsistent practices, difficulty scaling training across 50 countries, and keeping pace with evolving threats, this bank needed a new approach beyond infrequent, in-person workshops.
Their solution? Leveraging the Certified Threat Modeling Professional (CTMP) course from Practical DevSecOps. This program offered a practical learning approach with extensive hands-on labs simulating real banking scenarios and crucial 24/7 expert support via Mattermost.

It covered key methodologies like STRIDE and PASTA and integrated threat modeling into their DevSecOps pipeline. Structured, role-specific training ensured everyone, from developers to core system engineers, received relevant education.
The results were remarkable:

  • $0.5 million annually saved on training and logistics.
  • Estimated $10 million reduction in potential breach costs.
  • 40% reduced time for threat modeling sessions.
  • 30% more potential threats mitigated in the design phase.
  • 45% reduction in high-severity production vulnerabilities.
  • 150% increase in systems undergoing threat modeling.

Achieved 100% compliance with security assessment regulations.
This success story highlights the power of a scalable, practical, and continuously supported security education programme like the CTMP course in fostering a cultural shift and embedding threat modeling into a global bank's DNA, truly embracing the Shift-left culture.

Learn how practical training, hands-on experience, and expert guidance can lead to significant efficiency gains, cost reductions, and enhanced security in complex financial environments.

  continue reading

4 episodes

Artwork
iconShare
 
Manage episode 486520816 series 3667853
Content provided by Varun Kumar. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Varun Kumar or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Discover how a global financial institution transformed its security posture and achieved massive cost savings through targeted threat modeling training.

Facing challenges like inconsistent practices, difficulty scaling training across 50 countries, and keeping pace with evolving threats, this bank needed a new approach beyond infrequent, in-person workshops.
Their solution? Leveraging the Certified Threat Modeling Professional (CTMP) course from Practical DevSecOps. This program offered a practical learning approach with extensive hands-on labs simulating real banking scenarios and crucial 24/7 expert support via Mattermost.

It covered key methodologies like STRIDE and PASTA and integrated threat modeling into their DevSecOps pipeline. Structured, role-specific training ensured everyone, from developers to core system engineers, received relevant education.
The results were remarkable:

  • $0.5 million annually saved on training and logistics.
  • Estimated $10 million reduction in potential breach costs.
  • 40% reduced time for threat modeling sessions.
  • 30% more potential threats mitigated in the design phase.
  • 45% reduction in high-severity production vulnerabilities.
  • 150% increase in systems undergoing threat modeling.

Achieved 100% compliance with security assessment regulations.
This success story highlights the power of a scalable, practical, and continuously supported security education programme like the CTMP course in fostering a cultural shift and embedding threat modeling into a global bank's DNA, truly embracing the Shift-left culture.

Learn how practical training, hands-on experience, and expert guidance can lead to significant efficiency gains, cost reductions, and enhanced security in complex financial environments.

  continue reading

4 episodes

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