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Learn how Scantist helped Bank of China enhance its open-source governance, reduce vulnerability exposure, and achieve compliance during critical national cybersecurity drills.
Background
Bank of China, a top-tier global financial institution and Fortune 500 company, provides comprehensive banking services to millions of customers worldwide. As a key player in China’s financial system, it faces stringent cybersecurity requirements to protect sensitive data, ensure operational resilience, and participate in national security initiatives such as the “Huwang” (Protective Net) drills—annual exercises testing organizations’ ability to defend against cyber threats.
Challenges
Bank of China encountered significant security governance challenges:
- Over 100 departments relied on open-source software, but a lack of centralized audit tools and processes led to inconsistent compliance with security policies.
- Critical vulnerabilities in direct and indirect software dependencies posed risks to core banking systems, including transaction processing and customer data management.
- Pressure to perform well in the “Huwang” drills required rapid improvements in vulnerability detection and remediation capabilities.
Solution
Scantist deployed an advanced Software Composition Analysis (SCA) solution tailored to the bank’s needs:
- Real-time detection and remediation of critical vulnerabilities in both direct and indirect software dependencies, reducing exposure to exploits.
- Centralized open-source governance tools, including risk assessment dashboards and automated compliance controls, standardizing security practices across departments.
- Seamless integration with three key departments: Application Security, Audit, and Artifact Warehouse, ensuring end-to-end visibility of the software supply chain.
The Facts
The implementation delivered measurable improvements:
- Reduced open-source risk exposure during the “Huwang” drills through proactive patching and system hardening.
- 100% coverage of open-source components across all departments, eliminating blind spots in vulnerability management.
- 30% faster remediation of critical vulnerabilities compared to previous manual processes.
Implementation Results
Bank of China’s security posture was significantly enhanced:
- Successfully passed the “Huwang” drills with improved scores, demonstrating readiness to defend against sophisticated cyber threats.
- Established a scalable framework for open-source governance, laying the groundwork for Phase 2 initiatives (automated compliance workflows and indirect dependency management).
- Reinforced its reputation as a leader in financial cybersecurity, setting an example for industry best practices in open-source risk management.
Customer Testimonial
“Scantist’s solution has transformed our approach to open-source security,” said Head of Cybersecurity at Bank of China. “During the ‘Huwang’ drills, we saw firsthand how proactive vulnerability detection and centralized governance could reduce risk. The team’s responsiveness and deep understanding of financial sector requirements made them a trusted partner—one we rely on to protect our systems and our customers.”
