ManageX’s VAPT Solution helps Leading Retail Company in the UAE prevents major financial loss

• Industry: Retail
• Service Line: VAPT Assessment
• Geography: UAE

Retailers are and have always been attractive targets for cybercrime. Traditional retail metrics that focus IT attention on initiatives to maximize store performance over security have left retailers with gaps in their defenses. To help UAE’s leading retail company, ensure their system posture is at an adequate level, they have partnered with ManageX.  After performing VAPT on their web and mobile applications, the client was able to avoid major financial loss, and their applications are now more resilient. 

Business Challenges

Retailers face enormous challenges in processing, storing, and protecting their customers’ private information. Customers’ financial information, usernames, and passwords are vulnerable to attack whether they shop in-store or online. Companies have a lot at stake financially in ensuring retail cyber security for their customers. If a security breach occurs, the company will undoubtedly incur significant financial losses as they repair the damage and provide protection to their customers. Following a breach, businesses must typically pay for increased IT assistance, legal assistance, and consumer credit protection and repair for affected customers. After learning about ManageX’s strong capabilities within the complex field of Cyber Security, a leading UAE-based retail company with global operations had turned to ManageX to help them ensure their security posture was at an adequate level and compliant with regulations.

Client Requirements

The client had legal obligations to ensure the organization’s information assets were properly safeguarded. The threat of their system breach is the highest it has ever been.  To addresses their challenges, they needed the ManageX Security Team to perform a VAPT on their web and mobile applications.

Solution

The ManageX Cyber Security team performed Vulnerability Assessment and Penetration Testing activities for the client’s multiple Web and Mobile Applications using various industry approved tools. Seven assessments were performed to validate the results and eradicate false positives. These assessments were performed quarterly, and reports were shared individually for each application and platform reaching almost 25 reports per quarter. The reports include vulnerabilities, evidence, and remediation to resolve the issues. These vulnerabilities included on average 1 High, 4 Medium and 8 low level threats per quarter.

Value Created

Emerging digital technologies and services are redefining the retail industry. As retailers navigate the digital waters and embrace innovations. Information security is no longer an option, and the shortterm savings of not investing are not worth the potentially significant losses caused by a data breach. The ManageX Cyber Security team used their vast experience to conduct critical tests on the client’s system infrastructure to identify weaknesses that may be exploited. The subsequent results reports provided clear guidelines to the client about the areas they must focus on for improved security. Overall, our services helped the client avoid major financial loss, and their applications are now more resilient.