Q2 Announces New Solutions to Deliver Actionable, Real-Time Security Insights to Financial Institutions
01 August 2023 - 4:00PM
Business Wire
Q2 Security Insights helps financial
institutions to strengthen their security posture, providing a
safer environment for customers
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital
transformation solutions for banking and lending, today announced
the launch of its new suite of security offerings – Q2 Security
Insights. Q2 Security Insights offers products that deliver sets of
real-time events to financial institutions, along with insights
into the overall security landscape, giving them a deeper
understanding of traffic patterns and threat intelligence via
Security Information and Event Management (SEIM) integration.
In 2022, the frequency of DDoS (distributed denial of service
attack) rose 22%, and credential stuffing accounted for 34% of all
login attempts in just the first three months of 2022. Q2 supports
around 34,000 logins per minute, and roughly one-third are bots
trying to bypass security controls. In 2021, Q2 introduced Q2
Console Security Visualizations, which provides a self-service
reporting portal that shows a high-level view of a bank or credit
union’s perimeter attack surface. Q2 Security Insights takes this
view a step further by providing a data stream financial
institutions can use to strengthen their security posture while
validating that the efforts Q2 is making to protect their
environments are accurate and complete.
“Our customers’ security has always been the top priority for
Q2, and we’ve developed a strong security posture because of this,”
said Jordan Hager, senior vice president of hosting at Q2. “We
created Q2 Security Insights so that our customers would have even
more visibility into the changing security landscape. The more
transparent we can be with what we’re seeing, the more secure our
customers and the industry as a whole will be.”
Q2 Security Insights includes three offerings that extend across
all Q2’s solutions, making it applicable to both platform and
off-platform products:
- Q2 Edge Traffic Export provides customers with a stream
of all web requests made to a Q2-hosted environment and a stream of
all flagged security events. This gives customers’ security teams
insight into how Q2 is performing and allows them to leverage this
information across other products and environments.
- Q2 Threat Feed Export shares with customers curated data
used by Q2’s SOC teams so financial institutions can use it to help
defend against their non-Q2 hosted digital assets.
- Q2 SIRT Threat Bulletin is a bi-monthly newsletter that
includes financial news and security events, along with
Q2-published blogs and news related to the Q2 digital banking
platform.
Q2 Security Insights is an expansion of Q2’s already robust
security measures. Q2 has led the adoption of zero-trust security,
which removes implicit trust and privileged access, over the years
as a key response to growing security threats. Additionally, Q2
provides 24/7 monitoring by securing the perimeter, deploying a
secure access service edge, hardening endpoints to secure entry
points, and protecting the data layer if a breach occurs. Q2
Sentinel monitors and analyzes transactional and user data in real
time and Q2 Centrix has a comprehensive set of solutions for
managing risk, detecting fraud, streamlining compliance, and
more.
More information on Q2 Security Insights can be found in this
blog post. To inquire about Q2 Security Insights, Q2 customers can
contact their Customer Success team.
About Q2 Holdings, Inc.
Q2 is a leading provider of digital banking and lending
solutions to banks, credit unions, alternative finance companies,
and fintechs in the U.S. and internationally. Q2’s comprehensive
solution set allows its customers to better onboard, grow and serve
their consumer, small business and corporate clients. Headquartered
in Austin, Texas, Q2 has offices throughout the world and is
publicly traded on the NYSE under the stock symbol QTWO. To learn
more, please visit Q2.com. Follow us on LinkedIn and X (Formerly
Twitter) to stay up-to-date.
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version on businesswire.com: https://www.businesswire.com/news/home/20230801726755/en/
Maria Gari Maria.gari@q2.com 315-657-0041
Q2 (NYSE:QTWO)
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