Splunk is well known throughout the financial services community.
For many years, firms have been deploying Splunk solutions within
IT departments and data-centers, for IT operations, infrastructure
monitoring, DevOps, and event management.
The Splunk platform is used extensively for security, with deployments
in the security operations center (SOC) at some of the world’s largest
banks and insurance companies. Splunk software covers a broad
spectrum of security use cases, from advanced threat detection to
orchestration, automation and response.
Splunk software is also used for fraud detection and prevention,
anti-money laundering, sanctions compliance, and insider
threat detection.
Splunk’s real-time analytics capabilities lend themselves well to analysing
transactions, and as a result some of the world’s largest payments
networks and gateways are using Splunk for a wide variety of use cases,
which range from payment aggregation, merchant analysis, card-fraud
prevention, and Payment Card Industry Data Security Standard
(PCI DSS).