Banking and Financial

Given that the financial services sector is the primary target for cybercriminals, are you adopting the most effective strategies to safeguard your business and customers against the most recent threats?

>_ Overview

Cyber security in the Banking and Financial sector

Financial institutions hold enormous amounts of high-value data, which in turn makes them an attractive target for cyber-attacks. With rising threats and escalating regulatory pressure, investment in the right security solution is not just important, but imperative.

 

As a leader in a bank, hedge fund, wealth management firm, or private equity house, you no doubt understand the significance of cyber resilience and the protection of the sensitive data your organization holds.

 

Conducting regular penetration testing and security audits has become a necessary part of operations. These practices help to tackle numerous challenges that the financial services industry encounters, reinforcing the defenses of your systems and ensuring the safety of the invaluable data within.

>_ Challenges

Cyber Security Challenges In Finance

Understanding what data is stored and how vulnerable it is
Safeguarding sensitive personal and financial data
Balancing cyber security and system accessibility
Detecting and responding to breaches
Become more agile and more efficient in security operations
Defending growing network infrastructure
Meeting compliance requirements
Limited resourcing and skills

0Μ

Cost of cyber attacks per company in Finance

0%

of exposed data in 2022 was financial services data

0Μ

Maximum GDPR fine for an unreported data breach
>_ Key Questions

Key Security Questions
For financial Companies

  • Are systems backed up to avoid data loss in the event of ransomware?
  • How is the personal data of clients sufficiently protected?
  • Is card payment processing PCI DSS compliant?
  • How often are networks and applications tested for vulnerabilities?
  • How will services be affected in the event of a cyber incident?
  • Are controls in place to mitigate insider threats?

Explore our other Cyber Security Services

Logisek conducting web application penetration testing assessments.Logisek conducting system and network penetration testing assessments.Logisek conducting Mobile application penetration testingsLogisek Conducting Social EngineeringLogisek Source code security auditsLogisek conducting IoT penetration testing

Need advice on your cyber security?

Have a question or need a quote? Fill out the form below and our team will get back to you as soon as possible