C A S E S T U DY

Investors Bank
Improves Accountability
to Drive Security
One Identity Safeguard helps Investors Bank
secure privileged accounts

Key Facts• CompanyInvestors Bank• Industry
Banking• Country
United States• Websitewww.myinvestorsbank.com

Challenges• Finding a better way to manage
privileged accounts with higher
accountability• Improving traceability by
managing and recording users’
sessions• Protecting accounts andlearning how users accessand utilize the system with
monitoringResults

In the banking industry, security is critical and risk is everywhere. Needing tocomply with strict regulations, including Sarbanes Oxley and General Data
Protection Regulation (GDPR), banks must protect a wealth of personal andfinancial data. With more than 90 years of service in New Jersey and New York,
Investors Bank has a strong reputation to uphold.
“As a security manager, it keeps me up at night worrying about if our controls
and technology are in line with our processes,” says Damiano Tulipiani, Vice
President of Cybersecurity.
When the bank recently discovered numerous never used but legitimate
employee accounts, it was concerned about the risk. Working with a core team,which included the business side of the bank as well as audit, IT and Information
Security employees, Investors Bank evaluated its current needs as well as its
future goals and how a security solution could support and grow with it. “Wehave to know, from a business perspective, how the technology is going tocomplement the growth of the organization,” Tulipiani explains.
The bank wanted a better, more secure way to perform privileged accessmanagement (PAM) and needed identity-centered security. To improve
accountability, Investors Bank sought traceability by managing and recording
users’ sessions, and they wanted insights into how users access and utilize its
systems.
Luckily, Investors Bank has found a way to meet these goals while complying
with regulations and streamlining processes. The bank determined that the best
way to address security challenges and work toward its goals was with One
Identity Safeguard.
With Safeguard, the right people can get the right access to the right resourcesat the right time in the right way, and the bank can prove it.

• Implemented a leading,integrated security solution
to help with critical banking
requirements, such as PAM• Reduced risk, improved
compliance and gained visibility• Streamlined processes,
including automating at-risk HRprocesses

Solutions• Safeguard“We have to know from a businessperspective how the technology is going

to compliment the growth ofthe organization.”

Damiano Tulipiani, Vice President of Cybersecurity

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“Safeguard was our tool of choice. The new, next-gen productaligned with our focus and business strategy,” Tulipiani shares.
Implementing the integrated solution was fast and simple. Withidentity now at the core of Investor Bank’s security strategy,
the bank has significantly reduced risk, and the solution
ensures that accounts are managed properly. Viewing PAM as
a top priority and a continuous process, the bank also benefits
from streamlined processes with Safeguard.
For example, it has automated some vulnerable humanresource processes, such as its “Joiners, Movers, and Leavers”
process. With Safeguard, accounts for employees that join
Investor Bank, change positions within the bank, or leave, arenow totally managed through Safeguard. By having the process
automated and reported on, the bank can ensure privileged
accounts are properly managed and attested. Passwords arenever static and are managed with Safeguard. Investor Bank
views this automation as only the beginning of what it plans toaccomplish with One Identity.
Looking toward the future, Tulipiani concludes, “I’m excited to
see what’s coming down the roadmap and how we’re going to
be able to do bigger and better things with this product.”“I’m excited to see
what’s coming down
the roadmap and how
we’re going to bebigger
and betterthings with thisable to doproduct.”Damiano Tulipiani, Vice
President of Cybersecurity

About One Identity
One Identity, a Quest Software business, lets organizations implement an
identity-centric security strategy, whether on-prem, in the cloud or in a hybrid
environment. With our uniquely broad and integrated portfolio of identity
management offerings including account management, identity governanceand administration and privileged access management, organizations areempowered to reach their full potential where security is achieved by placing
identities at the core of a program, enabling proper access across all user
types, systems and data. Learn more at OneIdentity.com

The One Identity logo is a trademark of One Identity LLC and/or its affiliates. Other trademarks are property of their respective owners. Availability andterms of our solutions and services vary by region. This case study is for informational purposes only. One Identity LLC and/or its affiliates make nowarranties—expressed or implied—in this case study. © 2020 Quest Software Inc. All Rights Reservedw w w. o n e i d e n t i t y. c o m