# EFG Holding Enhances Cybersecurity and Efficiency with CrowdStrike > In a bid to fortify its cybersecurity, EFG Holding has embraced CrowdStrike's Falcon platform, aiming to simplify security operations and enhance resilience against evolving threats in the financial sector. **Source**: crowdstrike.com | **Published**: 2026-09-17 | **Type**: case_study ## Key Facts - EFG Holding reduced operational complexity by consolidating security tools, enhancing efficiency. - CrowdStrike's superior detection capabilities revealed vulnerabilities in legacy systems, improving security. - Continuous visibility from CrowdStrike allows EFG Holding to manage risks in real-time, boosting agility. - Cloud security is critical for EFG Holding's modernization, ensuring compliance in a regulated market. - Consolidation with CrowdStrike supports growth and innovation, reducing IT waste and enhancing protection. ## Summary \## Summary EFG Holding, the largest investment bank in the Middle East and Egypt, faced challenges in managing cyber risk due to operational complexity and evolving threats. They implemented CrowdStrike's Falcon platform to consolidate security tools and improve detection and response capabilities. As a result, EFG Holding enhanced its security posture while reducing operational friction and resource consumption. \## Background EFG Holding operates in the financial services industry, providing brokerage, research, lending, factoring, and leasing services across several regional markets. Before deploying CrowdStrike, the company relied on multiple security tools, which created operational inefficiencies and hindered business processes. \## Challenge The primary challenge for EFG Holding was the complexity of their security environment. With multiple security tools in use, there was significant operational friction, leading to resource consumption issues and interruptions in legitimate business activities. \## Solution EFG Holding standardized on the CrowdStrike Falcon platform, consolidating critical security capabilities into a single lightweight sensor. This transition involved running CrowdStrike in parallel with two legacy endpoint security solutions for 18 months to validate its effectiveness. Once the team confirmed that CrowdStrike detected threats missed by the legacy tools, they removed redundant agents and made Falcon the core security platform. \## Results The deployment of CrowdStrike led to improved detection and response capabilities, reduced complexity, and lower resource utilization. EFG Holding achieved continuous visibility into vulnerabilities across endpoints, networks, and web assets, transforming their vulnerability management approach from time-consuming scans to real-time insights. \## Key Insights Consolidating security tools can significantly reduce operational complexity and enhance protection. Continuous visibility into vulnerabilities allows for timely risk management and prioritization of actions. A strong security foundation is essential for supporting business innovation, especially in rapidly evolving environments. \## Customer Testimonial “Consolidating with CrowdStrike has reduced waste across our IT infrastructure and expanded protection for the business. We can now protect identities, secure the cloud, and prepare for AI. Without that secure foundation, the business couldn’t move forward.” — Osama M. Hijji, CISO, EFG Holding ## Entities - **Companies**: EFG Holding, CrowdStrike - **Products**: CrowdStrike Falcon, CrowdStrike Falcon Exposure Management, CrowdStrike Falcon Cloud Security - **Technologies**: cloud technologies, containerized applications, microservices - **People**: Osama M. Hijji ## Key Concepts cyber resilience, endpoint security, operational complexity, detection capabilities, vulnerability management, cloud security, financial services, AI preparation ## Definitions - **cyber resilience**: The ability of an organization to continuously deliver the intended outcome despite adverse cyber events. - **endpoint security**: A cybersecurity approach that focuses on protecting endpoints or entry points of end-user devices. - **vulnerability management**: The process of identifying, classifying, and mitigating vulnerabilities in software and systems. - **cloud security**: The set of policies, controls, and technologies that work together to protect cloud-based systems and data. - **AI preparation**: The process of establishing a secure foundation to support the integration and use of artificial intelligence technologies. ## Use Cases - Consolidating security tools to reduce operational complexity. - Improving detection and response capabilities. - Managing vulnerabilities continuously across multiple vectors. - Securing cloud environments for financial services. - Supporting modern application architectures with cloud security. ## Frequently Asked Questions **What challenges did EFG Holding face in their security strategy?** EFG Holding faced challenges related to operational complexity and the need to protect sensitive customer information across multiple markets. The rapid pace of technology adoption also exposed them to new kinds of threats. **How did CrowdStrike help EFG Holding improve their security?** CrowdStrike helped EFG Holding by consolidating multiple security tools into a single platform, which reduced complexity and improved detection capabilities. This allowed the company to maintain stronger security while optimizing resource utilization. **What is the significance of continuous vulnerability management?** Continuous vulnerability management provides timely insights into risks and allows organizations to prioritize actions with greater confidence. It replaces traditional, disruptive scanning methods with real-time visibility. **Why is cloud security important for EFG Holding?** Cloud security is crucial for EFG Holding as they deliver services across multiple countries and need to protect sensitive financial data. Ensuring a secure cloud environment is essential for compliance and operational reliability. **What future technologies is EFG Holding preparing for?** EFG Holding is preparing for the integration of artificial intelligence technologies. By consolidating their security with CrowdStrike, they are establishing a secure foundation to support future innovations. ## Links - [Read on Welcome.AI](https://welcome.ai/content/efg-holding-enhances-cybersecurity-and-efficiency-with-crowdstrike) - [Original source](https://www.crowdstrike.com/en-us/resources/customer-stories/efg-holding/) - [CrowdStrike](https://welcome.ai/company/crowdstrike): Featured company --- Source: Welcome.AI | https://welcome.ai/content/efg-holding-enhances-cybersecurity-and-efficiency-with-crowdstrike