Case Study · Insurance · Financial Technology
Sapiens

Sapiens International Corporation

Permission confirmed Penetration Testing24/7 Monitoring
Industry

Insurance-focused financial SaaS

Engagement

In-depth penetration testing, remediation validation, ongoing monitoring

Services

Penetration Testing, 24/7 Security Monitoring

Background

Sapiens International Corporation (NASDAQ, TASE: SPNS) provides a cloud-based SaaS platform for the financial sector, specializing in insurance, serving 600+ customers across 30 countries with more than 40 years in the industry.

Challenge

Regulatory requirements demanded consistent penetration testing, made more complex by continuous communication between Sapiens, its agents, and its vendors. As the company's digital footprint expanded, spotting vulnerabilities in outdated components became a growing concern, with real exposure to data breaches through exposed endpoints.

Scope of work

Cybecs ran in-depth penetration testing to produce detailed reports, working directly with Sapiens' CIO to identify the most intricate vulnerabilities. Following diagnostics, Cybecs delivered specific remediation recommendations, then validated the fixes once implemented, and added ongoing monitoring of Sapiens' internal network as a ongoing layer of protection.

Outcome

Sapiens' IT team moved from simply patching issues to understanding their root cause, with real-time monitoring giving the organization a clearer view of potential threats and faster response times in a sector where trust and reputation are the product.

“The methodologies Cybecs employs in managing cyber risks assure us all a more secure operational future. Their proficiency in addressing the nuances of cybersecurity makes them an invaluable partner for Sapiens.”

Guy Avnor, Chief Information Officer, Sapiens

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