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Financial servicesSecurity and modernization

Halving security incidents while modernizing a core lending system

Cobalt needed to modernize an aging lending application and tighten security at the same time, under real regulatory scrutiny.

Client
Cobalt Financial
Timeline
26 weeks
Platforms
Google Cloud, US regions
Team
6 Synabix engineers across security and software
01The result
Proof, not adjectives

What the engagement changed, in numbers.

Each figure is verified with Cobalt Financial and cited to its source, so it can be defended, not just quoted.

52% fewer security incidents year on yearover 26 weeks · client-verified
3x faster release cadence, from monthly to weeklyover 26 weeks · client-verified
SOC 2 Type II achieved on the first attemptover 26 weeks · client-verified
02Challenge and approach
The challenge

Where they started.

Cobalt's lending system was a decade old, slow to change, and increasingly hard to defend. Audits were stressful, incidents were rising, and every release felt like a gamble. They could not pause the business to fix it.

The stack we worked in

Google CloudGoReactHashiCorp VaultGitLab CICloud Armor
What we did

The work, in order.

  1. 01

    We hardened identity and access first, then added detection and logging so the team could see what was happening.

  2. 02

    Using a strangler-fig approach, we peeled the riskiest parts of the monolith into well-tested services without a big-bang rewrite.

  3. 03

    Security review became part of the pipeline, not a gate at the end, so changes shipped safely and often.

  4. 04

    We mapped controls to SOC 2 and the bank's regulatory obligations and left an evidence trail that makes audits routine.

03In their words
Synabix treated security as architecture, not paperwork. We modernized the core system and came out of our audit stronger, with incidents down by half.
Priya RamanChief Information Security Officer, Cobalt Financial

Practices involved

Lower cost, lower risk, one partner

Let us write yours.

Tell us where the business hurts, whether that is a climbing cloud bill, a stalled project, or risk you cannot see. We will map a pragmatic next step and a plan you own.

Prefer email? Write to sales@synabix.com. We reply within one business day.