Customer Overview
SaaS service provider for large financial services enterprises in multiple countries with annual revenues near $200M, serving major banks worldwide. Their advanced automation for critical financial workflows requires rigorous oversight and adherence to sector regulations to protect sensitive data and maintain reliability.
Challenges & Objectives
Facing demanding banking-sector clients and strict compliance obligations, the organization’s flagship platform required a comprehensive security review. Lacking internal security capabilities, they needed an independent evaluation by a team specialized in fintech product security. Two core web-based solutions were assessed to pinpoint vulnerabilities, enable proactive risk mitigation, and align with rigorous financial industry requirements—crucial for sustaining global trust and operational resilience.
Solutions & Approach
SecnSure Platform & Product Security Team conducted a detailed review of the product architecture and performed application vulnerability assessments, identifying critical issues such as authorization gaps, denial-of-service risks from inadequate rate limiting, and exposed secrets. Collaborated with engineering teams to develop short- and medium-term fixes, ensuring swift resolution of high-impact vulnerabilities without disrupting core financial operations. Implemented formal security reviews before major releases, maintaining compliance with banking-sector standards and reinforcing confidence in the SaaS platform’s security posture.
Value Delivered
A product and platform security review discovered and remediated key vulnerabilities—such as authorization gaps and denial-of-service risks—reducing overall incident likelihood by 45%. Timely release attestation cut the time to market for new features by two weeks, maintaining robust security standards for high-stakes financial clients. Enhanced collaboration between engineering and security teams led to streamlined workflows and faster fixes. Long term, the SaaS provider is better positioned to scale securely, reinforcing its credibility and sustaining client satisfaction across multiple geographies.
“Our releases are more secure without slowing our delivery pace,” noted the Product Lead.