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Cybersecurity in online banking
The Challenge
As a direct bank with over 5.8 million customers, DKB relies on the availability and security of its online services. Cyber attacks, especially DDoS attacks, have become the biggest business risk for financial institutions in recent years. Even short outages can lead to significant economic damage, loss of trust, and regulatory consequences. DKB was therefore faced with the challenge of permanently securing its systems against high-frequency and increasingly complex attacks.
Head of Digital Products & Technology, DKB
The investment in Myra pays off for us many times over. The downtime costs alone that we would incur as a result of a single cyberattack would exceed the annual expenditure for the security service many times over. In addition, by outsourcing to a German security specialist, we are optimally positioned from a regulatory perspective."
The implementation
DKB has been successfully using Myra Security's certified protection services since 2020. The implementation was designed so that it could be carried out without interrupting ongoing banking operations. Today, DKB benefits from a stable and transparent security architecture that provides complete visibility into log data and allows for more granular monitoring. At the same time, the setup ensures that legal requirements such as MaRisk, BAIT, and DORA are reliably met. This puts the bank in an ideal position to secure its continued growth and offer its customers a secure digital platform on a long-term basis.
Implementation of the security solutions require no additional hardware or software
Support from IT security experts from Germany available at any time
Development and operation of certified security solutions in Germany
Redundant high-performance infrastructure in anycast operation