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Fintech

Leading Australian Fintech Gets a 360° Security Reformation with a New MSSP

A leading Australian cashflow funder wanted a single partner to look after its cybersecurity across every layer, not a patchwork of separate vendors. Payatu stepped in as its Managed Security Services Provider, running SOC monitoring, policy validation, backup and restoration testing, DevSecOps, vulnerability assessment, cyber threat intelligence and application security review under one continuous engagement.

SOC, Policy Validation, Backup & Restoration Testing, DevSecOps, Vulnerability Assessment, Cyber Threat Intelligence, Application Security Review

At a glance

INDUSTRY

Fintech

CLIENT PROFILE

A leading Australian cashflow funder and small business transaction financer seeking one provider for its cybersecurity

SERVICES

SOC, Policy Validation, Backup & Restoration Testing, DevSecOps, Vulnerability Assessment, Cyber Threat Intelligence, Application Security Review

ENGAGEMENT

Ongoing Managed Security Services Provider (MSSP) partnership

Key Takeaways

Client – A leading Australian cashflow funder and small business transaction financer looking for one partner to secure its infrastructure, devices, assets and applications.

Problem – The client needed one provider to cover its cybersecurity across every layer, monitoring, policy, backups, DevSecOps and application security, rather than fragmented point engagements.

Acted as a Managed Security Services Provider, delivering SOC monitoring, policy validation, backup testing, DevSecOps integration, vulnerability assessment, threat intelligence and application security reviews in a continuous Kaizen-style engagement.

Outcome – The client's security posture improved across every pillar, backup and restoration readiness was validated for six critical systems, and Payatu remains its MSSP today.

the challenge

Why the client called us in

This leading Australian cashflow funder and small business transaction financer realized that protecting its infrastructure alone was not enough. It needed a partner that could look after devices, assets and applications together, under one continuous relationship rather than a series of disconnected engagements. The client wanted a Managed Security Services Provider that could operate with the rigor of an in-house team, covering everything from monitoring and policy to backup readiness and application security.

Bring monitoring, policy, backup, DevSecOps, vulnerability management and threat intelligence under one provider
Continuously improve security posture through an ongoing Kaizen-style cycle
Confirm the organization could actually recover from a disaster, not just assume it could

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scope of engagement

What was in scope

Security Operations Center (SOC) monitoring across devices, servers, networks, applications and databases
Validation of existing security policies against technical checks and gap analysis
Backup and restoration testing across operational infrastructure, the web application, Salesforce, AWS/Azure and Office 365
DevSecOps integration for the client's Salesforce application and its proprietary application under development
Vulnerability assessment across websites, internal networks and public-facing assets and services
Cyber threat intelligence monitoring for leaked data, password spraying attempts and breached credentials
Security review of the client's proprietary application hosted on Azure

Our Approach

How Payatu ran the engagement

01

Continuous Improvement Framework (Kaizen)

Payatu structured the MSSP engagement around a Kaizen-style cycle, standardizing controls, measuring results, comparing against goals, innovating, and repeating the cycle across every service pillar.

02

SOC Stand-Up and Monitoring

Established round-the-clock monitoring of infrastructure, endpoints and applications, logged all devices to CrowdStrike and Splunk, deployed honeypots, and staffed 24x7 incident response.

03

Policy Validation and Backup/Restoration Testing

Validated the client's security policies against technical checks, identified gaps, and ran backup and restoration tests across operational infrastructure, the Salesforce application, AWS/Azure, Office 365 and mobile devices, including a full functional Salesforce restore.

04

DevSecOps, Vulnerability Assessment and Threat Intelligence

Embedded security testing, monitoring and vulnerability management into the DevOps pipeline, ran weekly vulnerability scans across networks and public-facing assets, and tracked leaked credentials and password-spraying attempts through cyber threat intelligence.

05

Proprietary Application Security Review

Conducted a granular security assessment of the client's Azure- hosted proprietary application, reviewing configuration and access controls and tracking remediation of identified issues.

Key findings

What we found

SOC & Monitoring

Round-the-clock logging and monitoring were established across CrowdStrike, Splunk, honeypots and 24x7 staffing to close the gap of having no existing SOC infrastructure.

Policy & Compliance Gaps

Technical validation of existing security policies surfaced gaps and procedural shortcomings that required revision and detailed documentation.

Backup & Disaster Recovery

Testing confirmed backup and restoration readiness across six critical systems, including a full functional restore of the Salesforce application to ensure DRP compliance.

Threat Intelligence Exposure

Cyber threat intelligence monitoring identified breached usernames, password-spraying attempts against public accounts, and publicly scraped data tied to the client.

the outcome

Results and Impact

As MSSP, Payatu turned seven separate security disciplines into one continuously improving program for its client. From SOC monitoring to backup validation to application security, every pillar fed into the same Kaizen-style cycle of measuring, comparing and refining.

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