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September 26, 2023
Finance Technologies

Three new security strategies for financial services

Financial institutions are known for having the most robust security measures of any industry. Still, in a recent survey, Skybox Security’s “Cybersecurity in the new normal” report found that 68% of banking and financial executives are concerned their distributed workforces have introduced new risks. This is higher than in any other sector. Continuous compliance remains a challenge because many organisations lack contextual data. Executive concern is well-founded. VMware found that cyberattacks against the financial sector increased by over 200% from February to April 2020 amid the COVID-19 surge. Even with best-of-breed point solutions and strict policies to dictate security standards,…
Three new security strategies for financial services

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