The Company:
About Ramsdens Financial
Operating across the United Kingdom, Ramsdens Financial offers foreign currency exchange, pawnbroking loans, precious metals buying and selling, and jewellery retail services. Established in 1987, the company operates on the high street and online, and now has around 170 branches.
Challenge:
What was the cybersecurity challenge for Ramsdens Financial?
Following new commercial partnerships and the launch of more online business services, Ramsdens Financial was managing growing volumes of sensitive customer data. As any data breach could lead to significant fines, reputational damage, and interruption to business operations, the company needed to identify potential vulnerabilities in its infrastructure and strengthen levels of protection against cyberthreats.
Solution & Benefits:
How has Ramsdens Financial increased its cyber resilience?
To mitigate risk, Ramsdens Financial selected a penetration testing service from MTI, a Ricoh company. The company chose MTI for its strong customer references, proven expertise, and certifications from CREST, the leading international body for cybersecurity accreditations.
MTI performed penetration testing across Ramsdens’ IT infrastructure, provided reports listing vulnerabilities, and implemented measures to protect data against threats. The service has helped Ramsdens to strengthen its cybersecurity posture,reduce the risk of costly data breaches, and safeguard continuity of operations.
Services provided:
- Consultancy to understand cybersecurity requirements
- Preparation of scoping documents
- Penetration testing across infrastructure
- Reporting and risk resolution
“MTI engage to the level where they understand exactly what is required.”
Jason Carr, IT Director
Ramsdens Financial