The global cyber security threat to the financial industry is real and growing, with malicious actors targeting organizations for access to sensitive customer data. According to research by Verizon in 2019, 43% of all successful attacks were focused on finance-related data.

Financial institutions are particularly vulnerable due to their reliance on digital communication and transactions, as well as potential costs associated with a breach such as loss of customer trust or stolen funds.

With the right security measures in place, financial services cyber security can remain safe from cybercriminal activity, help protect their customers’ data and by following cyber security regulations of financial services.



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