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STS Provides INVESTBANK With SOARaaS to augment their Cybersecurity Measures

Monday, February 6, 2023

STS, the leading provider of digital transformation, information systems, and integrated Information and Communication Technologies (ICT) solutions in the region, announced that it has successfully implemented “Security Orchestration Automation Response as a Service” (SOARaaS) for the first time in Jordan for its client INVESTBANK, the leading bank in providing innovative banking solutions.

The new solutions have been added to INVESTBANK's previously adopted STS’s SOC services with the goal of automating the response to low-grade attacks through automated manuals, Moreover, the solutions aim to orchestrate security while collecting data from various resources. These SOARaaS solutions enhance the bank’s cybersecurity team’s ability to quickly detect and respond to attacks, analyze complicated cyber threats, understand attacker tactics and techniques, and track attack indicators. The solutions also collect and verify data from various sources, including threat intelligence feeds and security technologies such as firewalls and intrusion detection systems, allowing INVESTBANK to be more dependent on artificial intelligence AI while utilizing its available security solutions.

Mr. Mohamed El Yahya, STS’s Chief Operations Officer said: “we are pleased with our ongoing relationship with INVESTBANK and proud to have implemented the latest cybersecurity solutions with them for the first time in Jordan. a matter that will play a significant role in enhancing their data protection and security, as well as enhance the digital services the bank provides to its clients. We are looking forward to continued mutual successes”.

Commenting on the latest implementation, Mr. Muntaser Dawwas, CEO of INVESTBANK said: “We at INVESTBANK are proud be at the forefront of the financial sector in Jordan by offering a secure digital transformation journey that enhances our clients’ banking experiences while keeping their personal data secure and intact. We are happy with our cooperation with STS, our trusted digital transformation partner, who indeed has unparalleled experience in this field and can help us reach our goals seamlessly”.

“With STS, we will be introducing the SOARaaS solution for the first time in Jordan as a distinctive addition to our software and programs that we use to protect against any possible threats,” he added.

STS is committed to providing impeccable solutions in the various fields of technology enablement and Digital Transformation establishment for organizations and has led the way in easing this fast-paced transformation while accumulating business knowledge and technical up-to-date experience since its inception in 1989 and until this very moment.