Introduction to PEXA and Their Cloud Security Journey
PEXA (Property Exchange Australia) is a renowned digital settlement platform operating in the fintech industry with over 1,000 employees across Australia and the UK. Facing the challenge of ensuring robust threat detection and response capabilities while complying with strict regulations, PEXA sought a solution to manage their growing cloud footprint efficiently. With a focus on cloud security posture management, threat intelligence, and scalability, PEXA needed a unified solution that could consolidate their security tools for streamlined monitoring and management.
The Challenge of Managing Threats in a Regulated Industry
Navigating the complexities of threat management in a rapidly expanding cloud environment proved to be a daunting task for PEXA. The need to swiftly detect and mitigate threats while adhering to compliance and audit requirements added to the challenge. Manual work involved in gathering evidence for compliance reporting and addressing misconfigurations consumed valuable time and resources. Siloed tools and disparate data points further complicated the process. Anish Dharmakkan, Cloud Security Lead at PEXA, emphasized the necessity of finding a toolset that could provide comprehensive threat detection capabilities and facilitate compliance reporting seamlessly.
Meeting Requirements with Prisma Cloud
To address their evolving cloud security needs, PEXA turned to Palo Alto Networks Prisma Cloud. This solution offered extensive compliance coverage, threat intelligence feeds, workload protection, and incident management capabilities. By leveraging Prisma Cloud, PEXA could efficiently manage their AWS workloads, detect misconfigurations, identify irregular behavior, and ensure the security of their container workloads. The platform's single pane-of-glass view provided centralized visibility and simplified management across their cloud infrastructure.
Future-Proofing with Prisma Cloud
In addition to meeting their immediate CSPM requirements, PEXA also considered future needs such as cloud workload protection, ease of reporting, multicloud support, and workflow alignment. Prisma Cloud not only addressed their current compliance and threat detection challenges but also offered scalability and integration capabilities for their planned cloud adoption strategies. By consolidating their security tools with Prisma Cloud, PEXA could streamline their operations, reduce manual processes, and enhance their overall security posture.