Radix Pension Managers Limited
Customer Stories Securing the Future: Radix Pension Managers Limited’s Cybersecurity Transformation Customer Name: Radix Pension Managers Limited Industry: Pension Fund...
Customer Stories
Strengthening Security:
Veritas Kapital Adopts Next-Gen Firewall
Customer Name: Veritas Kapital Assurance Plc
Industry: Insurance Industry
Location/Country: Abuja, Nigeria
Solution: Sophos XGS Firewall
Partner: Reliance Infosystems
Industry: Insurance Industry
Location/Country: Abuja, Nigeria
Solution: Sophos XGS Firewall
Partner: Reliance Infosystems
Overview
Veritas Kapital Assurance Plc is a leading insurance company in Nigeria, offering a wide range of non-life insurance products and services. Originally incorporated in 1973 as Kano State Insurance Company, it has undergone several transformations, including a rebranding from UnityKapital Assurance Plc to its current name. The company provides various insurance solutions such as fire insurance, personal accident insurance, motor insurance, householder insurance, business interruption insurance, marine, engineering, aviation, oil & gas, agriculture, and group accident insurance.
Headquartered in Abuja, Veritas Kapital Assurance Plc is committed to delivering comprehensive coverage and efficient claims processing, ensuring clients receive prompt and reliable service. The company operates with a vision to be one of the top insurance companies of choice in Africa, guided by principles of integrity, performance, and adherence to regulatory standards are completed within budget and on schedule.
Headquartered in Abuja, Veritas Kapital Assurance Plc is committed to delivering comprehensive coverage and efficient claims processing, ensuring clients receive prompt and reliable service. The company operates with a vision to be one of the top insurance companies of choice in Africa, guided by principles of integrity, performance, and adherence to regulatory standards are completed within budget and on schedule.
Navigating the Risks of Outdated Security Infrastructure
As a leading player in the insurance industry, Veritas Kapital Assurance Plc faced increasing pressure to maintain the highest standards of security in a rapidly evolving digital landscape. However, their existing firewall infrastructure, based on the Sophos XG firewall, was approaching its end of life. This posed several critical challenges.
Loss of Critical Security Services
With the expiration of support from the OEM,
the company faced the risk of losing essential security services that protected sensitive business data and financial transactions.
End of Support from Original Equipment Manufacturer (OEM)
The cessation of software updates and support meant that the firewall could no longer receive timely patches and upgrades, leaving the system vulnerable to evolving cyber threats.
Imminent Protection Failures
The end-of-life status of the firewall system created a significant gap in protection, making the organization increasingly susceptible to cyberattacks, particularly from advanced persistent threats (APTs)
Operational Downtime Risk
The lack of a seamless upgrade path to a more secure solution also meant the possibility of operational downtime, which could have disrupted their day-to-day business activities and tarnished their reputation with clients.
Faced with these challenges, Veritas Kapital Assurance knew they needed to act swiftly to safeguard their infrastructure and ensure continuity in operations.
The Catalyst for Change
Understanding the urgency and the high stakes involved, Veritas Kapital Assurance Plc partnered with Reliance Infosystems to proactively address their cybersecurity risks and modernize their firewall infrastructure.
Together, we embarked on a journey to assess their current security landscape, identify vulnerabilities, and map out a migration path that would ensure no operational downtime and deliver enhanced protection. The decision was clear: transition from the aging Sophos XG firewall to the next-generation Sophos XGS Firewall, a solution built for advanced performance, zero-day threat defense, and operational simplicity.
Our role was not just advisory as we took full ownership of the deployment process, providing expertise, planning, and execution support to ensure a smooth, risk-free migration.
The Sophos XGS firewall delivered several key advantages:
Together, we embarked on a journey to assess their current security landscape, identify vulnerabilities, and map out a migration path that would ensure no operational downtime and deliver enhanced protection. The decision was clear: transition from the aging Sophos XG firewall to the next-generation Sophos XGS Firewall, a solution built for advanced performance, zero-day threat defense, and operational simplicity.
Our role was not just advisory as we took full ownership of the deployment process, providing expertise, planning, and execution support to ensure a smooth, risk-free migration.
The Sophos XGS firewall delivered several key advantages:
Enhanced Security Performance
The end-of-life status of the firewall system created a significant gap in protection, making the organization increasingly susceptible to cyberattacks, particularly from advanced persistent threats (APTs)
Operational Seamlessness
The upgrade was executed without disrupting critical business operations, allowing Veritas Kapital to maintain full-service availability during the transition.
Scalable Protection
With Sophos XGS, Veritas Kapital gained the flexibility to scale their security posture as their business grows, future-proofing their infrastructure for years to come.
The Road Ahead: Sustained Security and Business Agility
With the Sophos XGS firewall now fully operational, Veritas Kapital Assurance Plc can confidently focus on their core business without concerns over cybersecurity vulnerabilities. The migration to an advanced security platform has not only addressed their immediate needs but has also provided the foundation for long-term business agility and growth.
Their renewed security infrastructure enables the company to adapt to evolving market conditions while maintaining the highest standards of protection for sensitive data and financial transactions. The move has ensured that Veritas Kapital is well-prepared to face future challenges in the ever-evolving cybersecurity landscape.
Thanks to our partnership and expertise, Veritas Kapital can continue to serve their clients with confidence, knowing their operations are protected by one of the most advanced firewall solutions available.
Their renewed security infrastructure enables the company to adapt to evolving market conditions while maintaining the highest standards of protection for sensitive data and financial transactions. The move has ensured that Veritas Kapital is well-prepared to face future challenges in the ever-evolving cybersecurity landscape.
Thanks to our partnership and expertise, Veritas Kapital can continue to serve their clients with confidence, knowing their operations are protected by one of the most advanced firewall solutions available.
Just like Veritas Kapital Assurance Plc, your organization can benefit from innovative security solutions and seamless migration. Partner with us today to future-proof your business and ensure robust protection against emerging threats.
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