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Overview
The European Payments Initiative (EPI) operates in a high-stakes financial environment where security is paramount. As a provider of secure digital payments, EPI must stay ahead of cyber threats. A key part of this effort is its Security Operations Center (SOC), responsible for detecting and responding to threats in real time. To validate and enhance its SOC capabilities, EPI chose Nemesis, the leading Breach and Attack Simulation (BAS) solution.
The challenge: The Need for SOC Validation
EPI’s SOC plays a critical role in protecting its infrastructure from cyber threats. However, security threats are constantly evolving, and regulatory requirements like DORA demand continuous validation of security controls. To ensure that its SOC remains effective, EPI needed a solution that could:
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Accurately test its ability to detect and respond to real-world cyber threats.
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Identify gaps in monitoring and incident response processes before attackers could exploit them.
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Provide measurable, repeatable security validation to maintain compliance and operational resilience.
The Solution: SOC Testing with Nemesis
To address these challenges, EPI integrated Nemesis’ Breach and Attack Simulation capabilities into its SOC operations, providing:
Scope of Work
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Platform and Environment: The Nemesis platform was deployed on a client to facilitate controlled simulations of Nemesis’ SOC wake-up scenario.
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Testing Frequency: During a period of one month, regular assessments were conducted to provide ongoing insights into SOC performance.
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Testing Approach: Utilising a mix of MITRE ATT&CK techniques and customized scenarios to replicate sophisticated cyberattacks.
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Incident Response Validation: SOC teams were tested under realistic attack conditions, measuring response speed and accuracy.
Objectives
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Comprehensive Attack Simulations: Using MITRE ATT&CK techniques and custom threat scenarios to mimic real-world adversaries.
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Real-Time SOC Evaluation: Testing how quickly and effectively EPI’s SOC detected and responded to security incidents.
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Actionable Insights: Delivering detailed reports on detection gaps, response effectiveness, and recommendations for improvement.
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Regulatory Compliance Support: Helping EPI meet security validation requirements under DORA and other financial regulations.
Deliverables
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Comprehensive SOC Performance Report: A detailed analysis of simulated attack scenarios, detection effectiveness, and areas for improvement.
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Actionable Remediation Plans: Recommendations to enhance SOC workflows, optimize security tool configurations, and close security gaps.
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Regulatory Documentation: Formal reporting to demonstrate compliance with financial security regulations and frameworks.
Conclusion
Regular SOC validation is no longer optional—it’s a necessity. EPI’s success with Nemesis highlights the importance of proactive security testing. Organizations looking to ensure their SOC is truly effective should follow suit: validate, optimize, and stay ahead of threats. With Nemesis, security validation becomes seamless, ensuring that your defenses are battle-tested and ready for any challenge.
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