Banking and Financial Services

Cyber security is vital for the financial services industry because it deals with vast amounts of sensitive financial and personal data.

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0%

of senior bank executives don't believe their bank is adequately equipped to protect against cyberattack

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cyberattack attempts per week against financial organisations

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days it takes an average financial org to detect and contain a breach

The number of data breaches that financial services companies suffer continues to grow year-over-year as hackers zero in on the lucrative industry.

Cyberattacks continue to increase by volume and scale, with financial services institutions like banks, lenders, insurance providers and payment processors being targeted.

Working with a wide range of financial institutions, we've seen each presenting their own unique challenges.

We adapt our approach to fit the client and work closely to bring them on a journey of maturity while ensuring the security outcomes they require throughout.

Cyber challenges facing financial services

We have years of experience contributing to and thriving in financial services organisations, which by their very nature are advanced, challenging and heavily regulated cyber security environments.

We have noticed that many of our financial services cyber security clients share the same common challenges which we assist with:

Managing audit driven decision making

Centralising functions, automating and futureproofing their security systems

Maintaining compliance with regulations

Adapting to emerging modern banking technologies

Managing legacy environments

Ensuring full utilisation of toolsets

Become more agile and more efficient in security operations

Migration to the cloud securely while managing on premise servers

Keeping competitive with challenger banks

Managing third party/supplier governance and risk

Limited resourcing and skills

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With extensive experience in the banking and financial services sector, we specialise in navigating the complexities, high stakes, and strict regulations that define their cyber security frameworks and are well placed to deliver your cyber security needs.

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