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Home » Cyber Security News » RCBC advances cyber resiliency and recovery capabilities with Rubrik – ET CISO

RCBC advances cyber resiliency and recovery capabilities with Rubrik – ET CISO

RCBC advances cyber resiliency and recovery capabilities with Rubrik – ET CISO

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TIM Engineering announced the adoption of the Rubrik, Inc. (NYSE: RBRK) security architecture for Rizal Commercial Banking Corporation (RCBC), one of the largest universal banks in the Philippines. This strategic partnership, facilitated in collaboration with Exclusive Networks Philippines, one of Rubrik’s official distributors in the Philippines, marks a significant advancement in RCBC’s data security posture and strengthens overall cyber resiliency amid today’s increasingly complex cyber threat landscape.

As the financial industry becomes an increasingly attractive target for cyber threats, banks are under immense pressure to modernise their cybersecurity infrastructure. The partnership between RCBC and Rubrik signals a strategic shift towards advanced, integrated data security systems aimed at addressing cyber threats often faced by financial institutions.

The Philippine banking sector is governed by stringent regulations particularly focused on compliance, data protection, and cyber resilience. This partnership reflects RCBC’s commitment to move beyond compliance and adopt technology that ensures business continuity and mitigate sophisticated cyberattacks.

Rubrik’s unique architecture is designed with Zero Trust principles to protect data wherever it resides, whether on-premise, in the cloud, or SaaS environments. With Rubrik, RCBC will leverage an integrated solution for sophisticated cyber threat detection, cyber resilience, and recovery without the need for additional third-party components. The bank will also be empowered with advanced machine learning capabilities for continuous cyber threat monitoring, threat hunting, and malware identification, further strengthening its overall data security posture and cyber resilience.

“Data is our lifeblood. Our commitment to deliver the best customer banking experiences relies on secure guardrails that protect our customer’s data and guarantee that we operate at our highest levels of resilience,” said Nilo Zantua, Senior Vice President, CIO and Group Head of RCBC. “Rubrik’s advanced security architecture enables us to minimise business disruptions and mitigate potential cyber risks. This partnership is a critical step in modernising our data security infrastructure, empowering us to stay ahead of evolving cyber threats while delivering secure and seamless services to our wide customer base.”“In an industry that manages vast amounts of sensitive customer data and funds, legacy systems simply cannot accommodate the complexities of today’s cyber threats impacting the financial sector. Rapid and clean recovery is essential for financial institutions to protect customer assets, and maintain operational resilience in the face of cyber threats. RCBC is now equipped with a proactive cybersecurity approach complete with Rubrik’s data protection capabilities that will future-proof their operations,” said Abhilash Purushothaman, General Manager and Vice President for Asia of Rubrik.

TIM Engineering has been instrumental in bringing this partnership to fruition, delivering critical support and expertise throughout the entire process from evaluation to implementation.

“We are entrusted with the mandate of assisting RCBC in progressing its cyber resilience objectives. This collaboration demonstrates our dedication to delivering top-notch, reliable solutions that precisely meet the needs of our customers,” said Martin Antunez, President of TIM Engineering.

With a presence in the Philippines since 2017, this partnership further accelerates Rubrik’s mission of delivering secure, trusted solutions to organisations across the country.

  • Published On Oct 3, 2024 at 09:55 PM IST

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