Industry

Banking, Financial Services & Insurance

Supervised, audited, and targeted more than most.

Financial institutions carry the heaviest supervisory expectations and the most motivated adversaries. Gryffin works with banks, NBFCs, insurers, brokers and payment intermediaries across regulatory compliance, resilience, fraud investigation and the day-to-day security operations that supervisors increasingly want evidence of.

Industry Challenges

What makes this industry different.

Supervisory expectations that keep rising

IT governance, cyber resilience, incident reporting and outsourcing oversight are examined in detail, and documentation alone no longer satisfies an inspection.

Payment environments with wide scope

Cardholder data spreading across the estate turns a contained compliance obligation into an enterprise-wide one.

Third-party and concentration risk

Core systems increasingly run with providers, and supervisors expect documented oversight and exit planning for each.

Fraud that looks like legitimate activity

Account takeover, payment redirection and insider activity present as normal transactions until someone is looking for the pattern.

Applicable obligations vary by entity class and jurisdiction. Engagements begin by establishing which supervisory expectations, data residency requirements and reporting timelines actually apply to you.

Services

Services Most Used Here

Built for the inspection, not just the policy file.

Financial-sector supervision looks past documentation to whether governance actually operates: who approved what, when it was reviewed, and what the board was told. Gryffin builds compliance programmes for regulated lenders and intermediaries that produce that evidence as a by-product of running the business, and prepares the organisation for inspection rather than reacting to it.

Services Description

What the engagement covers.

Applicability and gap assessment

Establishing which supervisory expectations apply to your entity class and assessing current governance, controls and documentation against them.

IT and cyber governance framework

Board and committee structure, policy hierarchy, roles and accountabilities, risk appetite and escalation thresholds, documented and operating.

Cyber resilience and continuity

Recovery objectives, incident classification and reporting workflow, continuity testing, and the evidence that testing occurred.

Audit trail and log governance

Retention, integrity and reviewability of logs across critical systems, and the review cadence that supervisors expect to see documented.

Third-party and outsourcing governance

Due diligence, contractual control requirements, ongoing monitoring and exit planning for technology and service providers.

Inspection readiness

Evidence pack assembly, board reporting templates, and rehearsal with your internal team before the supervisory visit.

What you receive

Applicability matrix and gap assessment against supervisory expectations
Governance framework, policy set and committee charters
Incident classification, escalation and regulatory reporting workflow
Audit trail and log review procedure with documented evidence
Third-party governance framework and vendor assessment records
Board reporting pack and inspection readiness rehearsal

Gryffin Global Capabilities

Programmes designed around inspection

We build toward the question a supervisor actually asks - show me the evidence this operated - rather than toward a policy document that describes what should happen.

Governance and engineering in one team

Where a supervisory expectation requires a technical control (logging, access review, resilience testing), Gryffin's engineers implement it. The gap between policy and control is where most findings originate.

Board-ready reporting

Reporting packs are written so directors can discharge oversight duties without a translation layer, and so the minutes evidence that oversight occurred.

Mapped to ISO 27001 where it helps

Where you already hold or want ISO certification, the regulatory control set is mapped to it so one control environment serves both.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

An inspection window approaching, with governance undocumented

Situation: An NBFC had working IT controls but no framework, no documented review cycle and no board reporting trail.
What Gryffin does: Gap assessment against applicable guidance, governance framework build, evidence reconstruction where defensible, and inspection rehearsal.
Outcome: The inspection closed without material adverse findings, and the reporting cadence continued afterwards.

Outsourced technology with no oversight record

Situation: Core systems ran with third-party providers under contracts that contained no security obligations and no monitoring.
What Gryffin does: Third-party governance framework, contractual security schedules, provider assessments and an ongoing monitoring cadence.
Outcome: A documented oversight position for every critical provider, and exit plans where concentration risk was material.

Incident reporting obligations nobody could operationalise

Situation: The organisation knew incidents had to be reported but had no classification scheme, timeline or owner.
What Gryffin does: Incident classification matrix, escalation workflow with named roles, reporting templates, and a tabletop exercise against the timeline.
Outcome: A reporting capability that met the required window, tested before it was needed.

The cheapest control is the one you took out of scope.

Most PCI DSS programmes are expensive because too much of the estate is in scope. Gryffin starts by mapping where cardholder data actually flows, then reduces the assessed environment through tokenisation, redirection and segmentation before implementing controls - because every system removed from scope is a system you never have to assess, monitor or evidence again.

Services Description

What the engagement covers.

Cardholder data discovery and flow mapping

Establishing where card data enters, is processed, transmitted and stored - including the copies nobody documented.

Scope reduction design

Tokenisation, redirection, outsourced capture and architectural change to remove systems from the cardholder data environment entirely.

Network segmentation and validation

Segmentation design between the CDE and the rest of the estate, plus the segmentation penetration testing PCI DSS requires to prove it holds.

Control implementation

Implementation across the applicable requirements - access control, logging and monitoring, encryption, vulnerability management, secure development and change control.

Evidence preparation and SAQ/ROC support

Assembling the evidence set, completing the appropriate self-assessment questionnaire, or preparing for a QSA-led Report on Compliance.

Ongoing compliance operations

Quarterly scanning, annual testing, log review and the recurring obligations that keep compliance continuous rather than annual.

What you receive

Cardholder data flow diagrams and scope definition
Scope reduction plan with the assessment-effort impact quantified
Segmentation design and segmentation test report
Control gap analysis and remediation plan against the applicable requirements
Evidence pack and completed SAQ, or ROC preparation for your QSA
Ongoing compliance calendar covering scanning, testing and review obligations

Gryffin Global Capabilities

Scope reduction first, controls second

We treat scope as the primary lever. Reducing the cardholder data environment lowers assessment cost, monitoring cost and breach exposure simultaneously - and it is work most programmes skip.

Segmentation we can prove

Our testers validate segmentation independently of the engineers who built it, which is both a PCI requirement and the only honest way to confirm the boundary holds.

Implementation and assessment support under one roof

Gryffin's engineers deploy the logging, encryption, access control and monitoring the standard requires, so the gap between the requirement and a working control does not become your problem to solve.

Continuous, not annual

The controls are instrumented for continuous evidence, so quarterly and annual obligations are checkpoints rather than a scramble.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

An entire network in scope

Situation: A retailer's card data traversed general corporate infrastructure, placing almost everything inside the assessed environment.
What Gryffin does: Flow mapping, tokenisation of stored data, redirected capture, segmentation of the remaining CDE, and independent segmentation testing.
Outcome: In-scope systems reduced dramatically, cutting assessment effort and ongoing control burden with it.

A service provider asked for evidence by its acquirer

Situation: A payments intermediary needed to demonstrate compliance to its acquiring bank at short notice.
What Gryffin does: Rapid gap assessment, prioritised remediation of the requirements most likely to fail, evidence assembly and SAQ completion.
Outcome: Evidence accepted by the acquirer, with a remediation roadmap agreed for the remaining items.

Compliant on paper, failing quarterly scans

Situation: Quarterly ASV scans kept failing on the same categories, and nobody owned closure between cycles.
What Gryffin does: Managed vulnerability service with validation, ownership assignment and remediation tracking, plus root-cause work on recurring findings.
Outcome: Passing scans sustained across consecutive quarters.

Someone is watching at 3am. And they answer.

Attacks do not arrive during office hours; they arrive when nobody is looking. A managed SOC gives you continuous coverage without staffing three shifts - but only if the detection content is built for your environment and the escalation arrives with an investigation already attached. Gryffin builds the detection, runs the monitoring, and escalates with a recommendation rather than a raw alert.

Services Description

What the engagement covers.

Log source onboarding and normalisation

Identifying the telemetry that matters, onboarding it, and normalising it so correlation is possible across endpoint, identity, network, cloud and application sources.

Detection engineering

Detection content written and tuned for your environment and industry, mapped to MITRE ATT&CK, with coverage gaps documented rather than glossed over.

24x7 monitoring and triage

Continuous analyst coverage with alert triage, enrichment and investigation before anything reaches you.

Escalation and response support

Agreed escalation paths, severity definitions and response-time commitments, with pre-authorised containment actions where you want them.

Threat hunting

Scheduled hypothesis-driven hunts looking for what the detections would have missed, feeding new content back into the platform.

Reporting and coverage review

Monthly operational reporting and quarterly coverage review against ATT&CK, with a roadmap for closing remaining gaps.

What you receive

Onboarding plan and log source inventory
Detection content library mapped to MITRE ATT&CK
Documented escalation matrix, severity definitions and response SLAs
24x7 monitoring with named analyst escalation contacts
Monthly operational report and quarterly coverage review
Incident reports with timeline, impact and recommended control changes

Gryffin Global Capabilities

Detection built for you, not shipped as defaults

Default SIEM content produces volume, not value. Our engineers build and tune detections against your log sources and business processes, and we measure the true-positive rate rather than the alert count.

Coverage you can see

Detection coverage is mapped against MITRE ATT&CK, so you know which techniques you would catch, which you would miss, and what closing each gap costs. Nobody has to take the coverage claim on trust.

Escalations that arrive with an answer

An alert reaches you triaged, enriched and with a recommended action. Where you have pre-authorised containment, the action has already been taken and you are told what and why.

Bring your own platform, or ours

We operate on Microsoft Sentinel, Splunk, QRadar, Elastic and others. If you have already invested in a platform, the engagement starts by making it work rather than replacing it.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

A SIEM nobody reads any more

Situation: A retailer's platform generated thousands of daily alerts against a two-person team, so alerts went unreviewed.
What Gryffin does: Log source review, detection content rebuilt against ATT&CK, consolidation and suppression tuning, transition to 24x7 monitored service.
Outcome: Alert volume cut by an order of magnitude with a true-positive rate high enough that alerts get worked again.

No out-of-hours coverage at all

Situation: A manufacturer discovered an overnight ransomware detonation when the first shift arrived.
What Gryffin does: 24x7 monitoring with automated containment for encryption behaviour, plus a retained response capability and tested recovery runbooks.
Outcome: A later attempt was detected and contained within minutes, with no production impact.

A security team spending its time on triage

Situation: An internal team of skilled engineers was consumed by first-line alert triage and had no time for improvement work.
What Gryffin does: Tier 1 and Tier 2 triage moved to the managed service, with the internal team retained for escalation and engineering.
Outcome: Internal capacity returned to detection engineering and hardening, with response times improving at the same time.

The first hours decide what you can prove.

When an incident becomes a notification, a claim or a case, the standard changes: what you believe happened stops mattering and what you can evidence starts to. Gryffin's DFIR practice combines containment speed with forensic rigour - acquiring evidence properly from the first hour, reconstructing what actually occurred, and reporting it to a standard that survives challenge.

Services Description

What the engagement covers.

Emergency response and containment

Rapid engagement to stop active intrusion - isolation, credential revocation and access closure - executed so that evidence is preserved rather than destroyed.

Forensic acquisition

Sound acquisition across endpoints, servers, mobile devices, cloud control planes and SaaS audit logs, under documented chain of custody.

Timeline reconstruction

Establishing initial access, dwell time, lateral movement, privilege use and actions on objectives from the evidence.

Data exposure scoping

Determining what data was actually accessed rather than merely accessible - the distinction on which most notification decisions turn.

Malware and artefact analysis

Analysis of tooling, persistence and command-and-control infrastructure, producing indicators for detection and hunting.

Reporting and expert support

Findings documented to evidentiary standards, with expert explanation and testimony support for regulatory, insurance or legal proceedings.

What you receive

Containment actions log with timestamps and authority
Forensic acquisition record with hashes and chain of custody
Incident timeline with supporting evidence references
Data exposure assessment supporting notification decisions
Indicators of compromise for detection and hunting
Formal report to evidentiary standard, plus an executive summary
Post-incident control recommendations tracked to closure

Gryffin Global Capabilities

Containment without destroying evidence

Rebuilding a compromised host is the fastest way to lose the answer. Our responders contain and preserve simultaneously, because the notification question arrives a week later and needs evidence.

Cloud and SaaS acquisition, not just disks

Investigations now run through cloud control planes, identity logs and collaboration platforms. Our acquisition capability covers them alongside traditional endpoints and mobile devices.

Structured with your counsel

Scope, privilege, disclosure obligations and reporting standard are agreed with your legal advisors before collection begins.

Confidence stated honestly

Reports separate what the evidence establishes from what it suggests. Overstated forensic findings collapse under cross-examination, and we will not write them.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

A notification clock already running

Situation: A company confirmed unauthorised access and faced regulatory deadlines without knowing what data had been reached.
What Gryffin does: Rapid acquisition across affected systems, timeline reconstruction, and scoping of data actually accessed versus accessible.
Outcome: A defensible notification position established inside the deadline, based on evidence rather than assumption.

Business email compromise with money already moved

Situation: A finance team discovered fraudulent payment instructions had been actioned after a mailbox compromise.
What Gryffin does: Mailbox and identity log forensics, rule and delegation analysis, scope of access established, and evidence prepared for the bank and insurer.
Outcome: The compromise scoped and documented, supporting both the recovery attempt and the insurance claim.

An incident that looked contained but was not

Situation: A company rebuilt an infected host and considered the matter closed, then saw the same activity return weeks later.
What Gryffin does: Full forensic investigation across the estate, uncovering persistence on additional systems and the original access route.
Outcome: Complete eradication, with the initial access vector closed and detection built for the techniques used.

Attack it properly, or find out the hard way.

A penetration test is only worth what its findings are worth. Automated scanning tells you which software versions are old; it does not tell you that a low-privilege user can read another customer's records by changing one identifier. Gryffin's testing combines tooling for coverage with manual, business-logic-aware testing for the findings that actually matter - then reports them in a form your engineers can act on the same week.

Services Description

What the engagement covers.

External infrastructure testing

Internet-facing assets, exposed services, misconfiguration, weak transport security and credential exposure - assessed the way an unauthenticated attacker would approach them.

Internal network testing

Assumed-breach testing from inside the network: privilege escalation, lateral movement, Active Directory attack paths, credential harvesting and access to crown-jewel systems.

Web application testing

Manual testing against the OWASP ASVS covering authorisation, session handling, injection, business-logic abuse and multi-tenant isolation, on top of automated coverage.

Mobile application testing

iOS and Android assessment across client-side storage, transport security, platform misuse, anti-tampering, and the backend APIs the app depends on, aligned to OWASP MASVS.

API testing

REST, GraphQL and service-to-service interfaces assessed against the OWASP API Top 10 - broken object-level authorisation, excessive data exposure, rate-limit bypass, token and key handling.

Cloud configuration review

Authenticated review of cloud accounts covering identity policy, network exposure, storage permissions, logging and key management.

What you receive

Executive summary written for a non-technical reader, with an overall risk position
Technical findings with reproduction steps, evidence and affected components
Risk rating by exploitability and business impact, not scanner severity alone
Specific, implementable remediation guidance per finding
Remediation walkthrough session with your engineering team
Free retest of remediated findings and an updated clean report
Attestation letter suitable for customers, auditors and insurers

Gryffin Global Capabilities

Certified testers, recognised methodology

Testing follows PTES, OWASP ASVS, MASVS and the API Top 10, mapped to MITRE ATT&CK, delivered by testers holding OSCP, CREST and equivalent credentials - so the report holds up in customer security reviews and regulatory scrutiny.

Manual depth where it counts

Roughly the majority of the findings we consider high severity come from manual testing of authorisation and business logic. Those are the flaws no scanner reports and no attacker ignores.

Retest included, not sold separately

Remediation verification is part of the engagement. You get an updated report showing findings closed, which is usually what the customer or auditor actually asked for.

Production-safe rules of engagement

Scope, timing, rate limits, prohibited actions and abort conditions are agreed and signed before testing begins, with a named contact reachable throughout.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

An enterprise deal blocked on a security questionnaire

Situation: A software vendor's largest prospect required an independent penetration test report dated within twelve months before contract.
What Gryffin does: Scoped external and application test with an executive summary written for the buyer's security team, plus retest after remediation.
Outcome: Report accepted by the buyer, high-severity findings closed in under three weeks, deal signed.

A payments feature about to go live

Situation: A fintech was releasing a new money-movement flow with authorisation logic that had never been independently reviewed.
What Gryffin does: Targeted application and API testing focused on authorisation and business logic, supported by source code review of the transaction path.
Outcome: Two flaws found that would have allowed transaction manipulation, both remediated before release.

An annual test that keeps finding the same things

Situation: A group had tested annually for years and kept receiving near-identical reports, suggesting remediation was not reaching root cause.
What Gryffin does: Testing plus a root-cause review of recurring finding classes, feeding into secure development standards and pipeline scanning.
Outcome: Repeat finding categories dropped away over the following two cycles as the underlying practices changed.

Detect it early. Recover without paying.

Ransomware is not a single event; it is a campaign with a long, noisy run-up - initial access, credential theft, lateral movement, backup tampering - and only then encryption. Every stage before the last is an opportunity to detect and stop it. Gryffin builds detection across that whole chain, hardens the backups attackers go after first, and tests recovery so the decision about paying never has to be a real one.

Services Description

What the engagement covers.

Precursor detection

Detection content for the stages that precede encryption: credential dumping, privilege escalation, lateral movement, shadow copy deletion and backup tampering.

Encryption behaviour detection and automated containment

Behavioural detection of mass file modification with automated host isolation, executed within seconds rather than after triage.

Backup immutability and isolation

Review and hardening of backup architecture - immutable copies, isolated credentials, offline or logically air-gapped tiers - because attackers target backups before they encrypt.

Recovery runbooks and testing

Documented recovery procedures with defined recovery objectives, tested against real restore timings rather than assumed ones.

Attack surface reduction

Closing the common initial access routes: exposed remote access, unpatched perimeter services, weak authentication and over-permissive privilege.

Retained incident response

A contracted response capability with committed activation times and pre-authorised containment actions.

What you receive

Ransomware readiness assessment across detection, backup and recovery
Detection content covering precursor stages and encryption behaviour
Backup architecture review with an immutability and isolation plan
Tested recovery runbooks with measured restore times
Attack surface reduction plan with prioritised actions
Tabletop exercise with technical and executive participants

Gryffin Global Capabilities

Detection across the whole chain

Detecting encryption is detecting failure. Our content covers the days of activity that precede it, where stopping the campaign is still cheap.

Backups hardened as a target

Modern ransomware operators find and destroy backups first. We review backup architecture the way an attacker would and harden the paths they use.

Recovery times measured, not estimated

Restore procedures are tested against real data volumes. Organisations routinely discover their assumed recovery time is out by an order of magnitude - better to find that in a test.

Containment that does not wait for approval

Automated isolation on encryption behaviour, under authority agreed in advance. Minutes of delay is the difference between one host and the estate.

Use Cases

Illustrative. Scenarios drawn from common engagement patterns.

Encryption starting at 02:00 on a Sunday

Situation: A manufacturer with no out-of-hours coverage discovered the attack when the first shift arrived.
What Gryffin does: 24x7 monitoring with automated containment on encryption behaviour, backup immutability validation, tested recovery runbooks, retained response.
Outcome: A subsequent attempt was detected and the host isolated within minutes, with no production impact.

Backups encrypted along with everything else

Situation: An organisation's backup infrastructure shared credentials and network reach with production, and was destroyed in the same attack.
What Gryffin does: Backup redesign with immutable copies, isolated credentials, a logically air-gapped tier, and restore testing.
Outcome: Recovery capability that survives estate compromise, verified by test rather than assumed.

A board asking whether the company would pay

Situation: Leadership had no basis on which to answer, because nobody knew how long recovery would take.
What Gryffin does: Recovery testing with measured restore times, an executive tabletop exercise, and a documented decision framework.
Outcome: A defensible position on recovery, and gaps closed before the question became a real one.

Questions

Frequently asked

Talk to us about Banking, Financial Services & Insurance

Tell us the obligation, the incident or the deadline driving the conversation - the first conversation is a scoping call, not a pitch.

We respond within 12 hours

Banking, Financial Services & Insurance

Supervised, audited, and targeted more than most.

Banking, Financial Services & Insurance

What makes this industry different.

Services Most Used Here

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Frequently asked

How quickly can Gryffin start an engagement?

Do you work with our existing security tooling?

What is the difference between a penetration test and a red team exercise?

Can you help us achieve certification, or only prepare for it?

Talk to us about Banking, Financial Services & Insurance

Banking, Financial Services & Insurance

What makes this industry different.

Services Most Used Here

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Services Description

Gryffin Global Capabilities

Use Cases

Frequently asked

How quickly can Gryffin start an engagement?

Do you work with our existing security tooling?

What is the difference between a penetration test and a red team exercise?

Can you help us achieve certification, or only prepare for it?

Talk to us about Banking, Financial Services & Insurance