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Redefining Security for Japanese Multinational Banking & Financial Services Institution


The customer wanted to conduct an FFIC assessment of the environment to check its preparedness for the audit. The customer also wanted the partner to conduct a security assessment and help define a cybersecurity strategy to meet its future business objectives. Coforge worked with the customer in aligning its cybersecurity strategy with its organizational strategy.

The Client

The client is a Japanese multinational banking and financial services institution headquartered in Tokyo, Japan. The client provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities.

Business Challenge

The customer was looking for a partner to provide the below-mentioned services:

  • Perform the FFIC assessment prior to their audit.
  • Define security policies and processes for vulnerability management, risk management, compliance management etc. for the customer.
  • Perform cloud readiness assessment for O365 migration.
  • Provide a future security roadmap.

Our Solution

Coforge approach to the solution involved the below-mentioned tenets:

  • Conducted workshops and interviews with the stakeholders to understand the existing environment of customers
  • Conducted the FFIC assessment of the customer’s environment leveraging Coforge’s GRC framework
  • Perform cyber maturity assessment to determine the current security posture of the environment
  • Used Coforge’s GRC framework to perform a tiered evaluation of the security controls and processes for the identification of gaps and improvement areas
  • Leveraged Coforge’s GRC services to define customer-specific security processes based on industry standards
  • Conducted cloud readiness assessment of the environment
  • Defined policies and processes for the safe adoption of cloud

The Result

  • FFIC assessment report with identification of key initiatives to improve security ratings
  • Detailed cyber maturity assessment report providing a view of the current state and strategy to improve maturity level and reduce risk ratings
  • Future roadmap for cybersecurity to optimize investment in security technologies
  • Defined O365 adoption processes and policies
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