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Financial Services Success

Global Bank Achieves 100% SOX Compliance with Zero-Trust Access

How a top-10 multinational bank implemented enterprise-grade privileged access management across 15,000 employees and passed SOX audits with zero findings.

15,000+
Employees
45
Countries
$500B+
Assets Under Management
24/7/365
Critical Operations

About the Organization

This global financial institution operates in 45 countries with over 15,000 employees, managing more than $500 billion in assets. The bank serves millions of customers through retail banking, investment management, and corporate finance divisions.

As a publicly traded company in a heavily regulated industry, they must comply with SOX, PCI DSS, GLBA, and regional regulations like GDPR and MAS TRM. Their legacy privileged access management system was a patchwork of 12 different tools that created compliance gaps and security vulnerabilities across their global infrastructure.

The Challenge

Achieving Compliance Across Complex Global Infrastructure

Recurring SOX Audit Failures

For three consecutive years, external auditors identified material weaknesses in access controls. Over 300 privileged accounts lacked proper oversight, segregation of duties violations were common, and audit trails were incomplete or missing entirely.

Fragmented Tool Landscape

IT operations relied on 12 different PAM tools across regions and business units. This created inconsistent security policies, duplicate accounts, and made it impossible to answer the simple question: "Who has access to what?"

Lack of Session Monitoring

Database administrators and system administrators had unrestricted access to production systems with no recording or monitoring of privileged sessions. This violated regulatory requirements and prevented effective incident investigation.

Contractor and Vendor Risk

Over 1,000 third-party contractors had privileged access across the organization. Access was rarely revoked when contracts ended, creating a significant security and compliance risk that auditors flagged repeatedly.

The Solution

Enterprise Zero-Trust PAM Implementation

The bank selected TigerAccess to replace their fragmented PAM infrastructure with a unified, zero-trust platform. Implementation was completed in six months across all global regions with a phased rollout approach.

1

Unified Identity and Access Control

Consolidated all privileged access through a single platform with centralized RBAC, automated access reviews, and just-in-time privilege elevation.

  • SSO integration with Active Directory and Okta for 15,000 users
  • Certificate-based authentication with hardware token MFA
  • Role-based access with separation of duties enforcement
  • Automated quarterly access reviews with manager attestation
2

Comprehensive Session Recording and Monitoring

Every privileged session is recorded, indexed, and analyzed in real-time to detect anomalous behavior and ensure compliance with regulatory requirements.

  • Full keystroke and screen recording for SSH, RDP, database sessions
  • Searchable command audit logs with full SQL query capture
  • Real-time anomaly detection using ML-based behavioral analysis
  • Immutable audit logs with 7-year retention in compliance archive
3

Time-Bound Access and Automated Lifecycle

All privileged access is time-limited with automated provisioning and de-provisioning, eliminating the risk of forgotten access or orphaned accounts.

  • Maximum 8-hour certificate TTL for production database access
  • Automatic access revocation when employee or contractor offboarded
  • Temporary contractor access with automatic expiration on contract end date
  • Break-glass emergency access with mandatory dual approval
4

Compliance Automation and Reporting

Pre-built compliance reports and automated evidence collection dramatically reduced audit preparation time and eliminated manual work.

  • SOX IT general controls (ITGC) evidence packages on demand
  • PCI DSS requirement 8 compliance reports (access control)
  • GDPR data access logs with individual user consent tracking
  • Automated control testing with continuous compliance monitoring
The Results

Achieving Regulatory Excellence

100%

SOX Compliance

Passed annual SOX 404 audit with zero material weaknesses or significant deficiencies in access controls for the first time in four years.

95%

Reduced Audit Preparation

Audit preparation time reduced from 6 weeks to 3 days with automated evidence collection and pre-built compliance reports.

0

Orphaned Accounts

Eliminated all orphaned privileged accounts through automated lifecycle management and time-bound access certificates.

100%

Session Coverage

All privileged sessions recorded and indexed for compliance, forensics, and real-time threat detection.

80%

Cost Reduction

Consolidated 12 PAM tools into one platform, reducing licensing, maintenance, and operational costs by $2.5M annually.

24/7

Global Coverage

Deployed across 45 countries with 99.99% uptime SLA, supporting critical banking operations around the clock.

Regulatory Impact

SOX 404 Clean Opinion
No material weaknesses in ITGC
PCI DSS Validation
Full compliance with requirement 8
GDPR Data Protection
Complete access audit trails
MAS TRM Guidelines
Singapore regulatory compliance
After years of SOX audit findings, TigerAccess finally gave us the comprehensive access controls we needed. We passed our most recent audit with zero findings, and our auditors praised our privileged access management as best-in-class. This is a game-changer for financial services.
JC
James Chen
Chief Information Security Officer

Global Rollout Timeline

Month 1

Assessment & Design

Current state analysis, compliance gap assessment, architecture design, pilot region selection

Month 2-3

Pilot Deployment - APAC Region

Deploy to Singapore and Hong Kong offices (2,000 users), SSO integration, session recording pilot

Month 4-5

Phase 2 - Americas & EMEA

Rollout to North America (8,000 users) and Europe (5,000 users), contractor access automation

Month 6

Legacy System Decommission

Complete migration, decommission 12 legacy PAM tools, final compliance validation

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