- 5th March 2025
ClearBank broke a 250-year banking tradition by becoming the UK’s first new clearing bank in centuries—a bold move that extends to their approach to cybersecurity. In partnership with Phoenix Security, ClearBank has pioneered advanced Application Security Posture Management (ASPM) techniques that go beyond merely identifying vulnerabilities. By focusing on root causes, defense in depth, and real-world context—like which services are mission-critical or shielded by a WAF—their teams prioritize what truly matters. Neil Reed, Principal AppSec Engineer, underscores the importance of targeted remediation, using Phoenix’s exception engine to intelligently downgrade or reclassify findings that pose minimal risk. This risk-based strategy is a game-changer in scaling security without overburdening engineering teams. By running structured remediation campaigns and cutting container noise by up to 91%, ClearBank’s DevSecOps workflow has evolved to be both agile and robust. Their forward-thinking stance shows how the right blend of technology, context, and collaboration can fortify an organization, keeping pace with shifting regulations and emerging threats.
Neil Reed