Soldo Delivers More Secure Digital Interactions and Boosts Customer Satisfaction with Dynatrace

Rhea-AI Summary

Dynatrace (NYSE: DT) has partnered with fintech company Soldo to enhance application security, significantly reducing the time required to identify and remediate critical software vulnerabilities from days to minutes. The integration of Dynatrace® Application Security into Soldo's cloud-native environment allows for continuous monitoring and automated vulnerability management, crucial for maintaining high security standards in the financial services industry. This strategic move supports Soldo's commitment to safeguarding sensitive customer data while driving innovation.

Positive

• Reduced vulnerability remediation time from days to minutes.
• Enhanced trust in data security for customers.
• Integration of automated monitoring and prioritization of vulnerabilities.

Negative

• None.

Continuous runtime application security helps leading fintech company to reduce time spent detecting and remediating critical software vulnerabilities from days to minutes

WALTHAM, Mass.--(BUSINESS WIRE)-- Software Intelligence company Dynatrace (NYSE: DT) announced today that leading fintech company, Soldo, is using Dynatrace® Application Security to help ensure its development and production environments are secure. Soldo offers organizations a simple, automated way to delegate, control, and track expenses for employees and departments and helps finance teams manage budgets with real-time visibility over company-wide spending. Its platform is built on a complex cloud-native technology stack, running in AWS and leveraging a Kubernetes-based architecture. Soldo also uses open-source code and adheres to agile and secure delivery practices to drive continuous innovation and align with strict financial services industry regulations.

Given the speed at which its dynamic cloud environment changes, and the prevalence of open-source code in its applications, Soldo needed to reduce the risk of vulnerabilities in its production environment. Achieving this was previously a challenge, as the company’s software testing practices and tools were mainly focused on pre-production. Each time its development and security teams discovered new zero-day vulnerabilities, such as Log4Shell, in production, they had to search for them manually. With the Dynatrace® platform’s automatic runtime vulnerability analysis and protection, the teams can continuously and automatically identify and prioritize vulnerabilities across the entire software delivery lifecycle, including at runtime, to deliver more secure digital interactions.

“Soldo exists to help business owners focus on growing their organization without wasting time managing expenses and corporate spending,” said Luca Domenella, Head of Cloud Operations and DevOps at Soldo. “This requires us to earn our customers’ trust that we can offer the highest level of protection for the troves of sensitive data they entrust with us. Dynatrace gives us an uncompromising level of control over the security of our software by continuously monitoring for vulnerabilities in our production environments. That means we instantly know how a new vulnerability affects our digital services, so we can respond quickly to keep our customers’ data safe.”

Soldo was already using the Dynatrace® platform to optimize the performance of its digital services and deliver seamless user experiences. After evaluating multiple runtime security solutions, it identified that extending its use of Dynatrace by activating its Application Security Module provided the best fit for its requirements due to the efficiency of its unified platform approach. Dynatrace now provides Soldo with a real-time, automatically prioritized view of all potentially impacted applications and data in its cloud ecosystem. This enables its teams to easily see where vulnerabilities exist and tier their remediation efforts accordingly. Davis®, the AI engine at the core of the Dynatrace platform, initiates remediation workflows automatically, enabling Soldo’s teams to reduce the time it takes to identify new zero-day vulnerabilities from days to minutes, leaving more time for innovation.

“The precise answers we get from Dynatrace are invaluable and save our teams from wasting countless hours trawling through security alerts to understand our risk,” continued Domenella. “For example, when Log4Shell emerged last year, Dynatrace instantly showed us exactly where and how the vulnerability affected our platform. Those insights enabled our teams to remediate the vulnerability in just a few minutes rather than the days or weeks it would otherwise have taken. Ultimately, Dynatrace helps ensure nothing escapes our DevSecOps lifecycle, so we can focus on strategic work rather than finding, triaging, and remediating vulnerabilities.”

Visit our Customer Stories page for more details on how Soldo uses Dynatrace to enable its state-of-the-art DevSecOps lifecycle.

About Dynatrace

Dynatrace (NYSE: DT) exists to make the world’s software work perfectly. Our unified software intelligence platform combines broad and deep observability and continuous runtime application security with the most advanced AIOps to provide answers and intelligent automation from data at an enormous scale. This enables innovators to modernize and automate cloud operations, deliver software faster and more securely, and ensure flawless digital experiences. That’s why the world’s largest organizations trust the Dynatrace® platform to accelerate digital transformation.

Curious to see how you can simplify your cloud and maximize the impact of your digital teams? Let us show you. Sign up for a free 15-day Dynatrace trial.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220927005343/en/

Meg Brenner

meg.brenner@dynatrace.com

Source: Dynatrace

FAQ

How is Dynatrace improving security for Soldo?

Dynatrace is enhancing Soldo's security by integrating its Application Security solution, allowing for continuous monitoring and automated vulnerability management.

What time reduction in vulnerability detection has Dynatrace achieved for Soldo?

Dynatrace has reduced the time to identify and remediate vulnerabilities from days to minutes for Soldo.

What is the main benefit of using Dynatrace for fintech companies like Soldo?

The primary benefit for fintech companies like Soldo is enhanced security through real-time vulnerability analysis and protection, ensuring sensitive data remains safe.

What technology does Soldo utilize alongside Dynatrace for its operations?

Soldo operates on a complex cloud-native technology stack, running on AWS and leveraging a Kubernetes-based architecture.

How does Dynatrace support Soldo's DevSecOps lifecycle?

Dynatrace supports Soldo's DevSecOps lifecycle by providing insights into vulnerabilities that help prioritize remediation efforts.