7 cybersecurity challenges facing financial institutions

The financial services industry is always a heavy target for cyber criminals, particularly in the last two years since new ways of working have spilled out of traditional security perimeters.

In response, organisations in the FSI industry have been among the best prepared and most capable in terms of detection and response, as well as in terms of investment in combatting threats. Yet as attacks become more creative, ingenious and varied, the target remains a moving one.

Staying ahead of the game

To stay ahead of rapidly-evolving threats, financial institutions must maintain a mature cybersecurity programme that mitigates risk while also satisfying strict compliance requirements - all while maintaining strong performance for customer-facing assets.

This article from our partners Comtact covers seven of the most significant cybersecurity challenges facing financial institutions and provides actionable guidance on how to address them.