Customer Stories
Securing the Future: Radix Pension Managers Limited’s Cybersecurity Transformation
Customer Name: Radix Pension Managers Limited
Industry: Pension Fund Administrator (“PFA”) Industry
Solution: Sophos Endpoint Protection
Location/Country: Lagos, Nigeria
Partner: Reliance Infosystems
Overview
In 2022, MBO Capital Management Limited invested N4 billion to acquire an 80% stake in Radix, positioning it as a key player in Nigeria’s pension industry. Radix Pension Managers is headquartered in Victoria Island, Lagos, and is committed to providing excellent pension fund management services, ensuring a secure and comfortable retirement for their clients.
Challenges and Pain Points: Battling Cybersecurity Threats
Facing these challenges head-on, Radix Pension Managers Limited realized the urgent need for a robust cybersecurity solution, marking the beginning of their journey towards a more secure and resilient digital infrastructure
The Pivotal Moment
Recognizing the urgent need to safeguard their infrastructure and ensure the security of their clients’ sensitive information, Radix Pension Managers decided to adopt a robust cybersecurity solution. The pivotal moment came when they chose to implement Sophos Endpoint Protection, aiming to reinforce their security posture and prevent further breaches.
The Leap of Transformation: Gaining Security and Confidence
Reliance Infosystems stepped in as a trusted cybersecurity partner. By deploying Sophos Endpoint Protection Agent and establishing a 24/7 Security Operations Center (SOC), we created a formidable defense against cyber threats. This transformation yielded significant benefits:
Comprehensive Protection:
Radix Pension Managers leveraged a sophisticated endpoint security solution to deliver unparalleled protection and fortify their entire data estate against ransomware attacks. WithSophos Endpoint Protection Agent, the organization enableda robust end-to-end security defense, shielding Radix’s systems from a wide array of cyberattacks. The pension fund company became empowered to focus on its core business objectives without fear of evolving cyber threats or breaches.
Proactive Threat Hunting:
With a 24/7 Security Operations Center (SOC), Radix’s IT and security team had adequate resources to quickly identify and neutralize threats even before they could cause damage. Armed with a centralized threat-hunting system with advanced capabilities for round-the-clock threat detection, response, and remediation, the organization was able to stay ahead of the cybersecurity curve maximizing a unified threat management.
Enhanced Security Posture:
Understanding the dynamics peculiar to the pension funds management industry necessitated a tailored security strategy that specifically fits the business needs. Hence, Reliance Infosystems employed a detailed assessment of Radix’s overall security infrastructure. This provided a comprehensive roadmap and implementation process which prioritized rigorous configuration and continuous monitoring, ensuring a stronger and more resilient defense against cyber threats.
The Way Ahead
Recognizing the urgent need to safeguard their infrastructure and ensure the security of their clients’ sensitive information, Radix Pension Managers decided to adopt a robust cybersecurity solution. The pivotal moment came when they chose to implement Sophos Endpoint Protection, aiming to reinforce their security posture and prevent further breaches.
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