Cybersecurity in Financial Services

Cybersecurity in Financial Services

  • October 2017 •
  • 53 pages •
  • Report ID: 5182798 •
  • Format: PDF
The Cybersecurity in Financial Services report serves as a primer for anyone wanting to develop an understanding of the current cybersecurity landscape and why it has exploded in recent years. This report introduces the reader to some of the key types of cybersecurity threats and risks these pose to the banks as well as users.

The increasing number of channels, as well as integration with third-parties is also leading to an increase in the number of attack surfaces, as well as the complexity of attacks. In 2016, cybercrime was reported as the second most reported economic crime.

Cybersecurity is no longer just about firewalls and off-the-shelf anti-virus software. With increasing access to digital content and use of mobile applications, the breadth and depth of cybersecurity has evolved significantly. Vendors attempt to offer most resilient cybersecurity solutions, often integrating advanced technologies such as artificial intelligence (AI) and cloud computing, in order to enable quick and accurate threat detection and mitigation.

IBS Intelligence, as part of its endeavor to cover the latest in fintech, has interviewed some key suppliers, through its flagship IBS Intelligence Journal. The report also carries excerpts of these exclusive interviews and case studies of some of these suppliers.

Unique benefits of the report
• Overview of different types of cyberattacks, and their implications for financial institutions
• State of the cybersecurity landscape in the financial services sector
• Best practices of cybersecurity being followed in the financial services sector
• Capsule profiles of key 15 cybersecurity
• Six case studies

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