Zurich, 28th March 2023 – radicant bank ag (radicant) is the first digital sustainability bank in Switzerland strategically aligned with the 17 UN Sustainable Development Goals (SDGs). It relies on CloudGuard’s AI-driven cyber security platform and ThreatOps expertise to help make protecting customer data easier, faster, and more effective by proactively preventing threats in real-time.
The integrity of client data and the resilience of operations against a growing number of cyber threats are key for today’s banking industry. For radicant, client data is the most valuable asset, which makes the choice of a suitable security provider essential. With CloudGuard, radicant has found a partner with an unmatched level of expertise, catering for radicant’s demanding level of protection through a combination of human and machine intelligence.
CloudGuard helps companies to understand their risk posture and automatically determine the optimal security stance to operate safely in a volatile world of growing threats. Its platform uses powerful AI and automation to proactively prevent, detect and remediate threats in real time, helping radicant and their customers optimise their security posture while reducing complexity. At the same time, CloudGuard has some of the best ThreatOps experts in the world that are dedicated to building out a sophisticated library of threat-intelligence automation systems to ensure that radicant’s business is always defended.
“I am impressed by the expertise and customization of CloudGuard’s solution and services. As digital sustainability bank, we at radicant are breaking new ground and focusing on innovative solutions. With CloudGuard, we have a strong partner at our side who follows this mindset with the appropriate tools and specialists in the information security area”says Christine Fahlberg, CISO at radicant.
“We are delighted to be partnering with radicant to help them protect their customer data. As the number of threat actors and vectors grows, protecting customer data is foundational to business success,” explains Javid Khan, Co-founder and CTO of CloudGuard. “We’re excited to be able to help radicant ease the burden of their security complexity leveraging their secure Google Cloud while using our AI-driven XDR platform to proactively prevent and respond to threats to their data security,”Says Javid Khan, CTO at CloudGuard
radicant bank ag (radicant) is a data- and technology-driven start-up with the goal of democratising access to personalised and sustainable financial services around the clock. The fintech company will promote the UN’s 17 Sustainable Development Goals in the market with its community and financial services, as well as by establishing those goals within its company. Through increased transparency, the bank will help its customers to achieve their individual financial and sustainability goals. radicant is currently in the start-up phase and received its banking license from FINMA in May 2022.
CloudGuard is a next-generation cybersecurity platform that uses a combination of AI and human intelligence to proactively hunt and remediate threats across on premise and public cloud platforms. CloudGuard’s disruptive approach combines Artificial Intelligence (AI) and automation to provide a modern, intelligent security operations centre (SOC) based on proactivity, prevention, and real-time responsiveness.