The State of Financial Security Part II

Finance companies highly targeted by cybercriminals because they hold large amounts of sensitive data. This data can include customer financial information, as well as the company's own financial information. When this data is compromised, it can be used to commit fraud or identity theft.

It is critical for financial institutions to maintain robust cybersecurity measures in order to protect themselves against these threats. By investing in security technologies and establishing solid crisis-proof, incident response plans, they can help ensure that they remain safe from cybercrime.

In our last report, we unpacked the most common cyber threats to the banking and finance industry ranging anywhere from malware to phishing. In Part II, we will review best practices for financial institutions and service companies to prepare for and combat cyber threats to safeguard sensitive data and information.

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