Financial Services

Comprehensive Cyber Resilience for Financial Institutions

In the financial services industry, the integration of innovative technologies is critical for driving efficiency and enhancing customer experiences. However, as financial systems become more interconnected and technologically sophisticated, they also face increasing vulnerabilities to cyber threats. These threats can disrupt financial operations, compromise client confidentiality, and risk sensitive financial data.

Proactive security operations solutions are indispensable for protecting these essential technologies. They are designed to shield against the broad spectrum of cyber risks that can affect various components of financial services, from online banking platforms to large-scale trading systems. By implementing robust security measures, financial institutions can ensure that their systems operate reliably and securely, free from interference and vulnerabilities that could result in significant financial and reputational damage.

These security solutions not only protect client data and financial assets but also comply with stringent regulatory requirements, ensuring the integrity of financial operations and maintaining trust in a sector where security and dependability are crucial.

Financial Services Industry Factoids

With the majority of cyberattacks driven by financial motives and the increasing prevalence of IoT devices, it's crucial for financial services organizations to stay vigilant. Access Point can help.

72%

72% of cyberattacks on financial institutions are financially motivated, with a significant portion also targeting market manipulation

Source: Insights from cybersecurity reports focused on financial services.

2/3

Nearly two-thirds of financial service firms reported multiple cybersecurity breaches in the last year alone.

Source: Surveys and reports on cybersecurity in the financial sector.

35 billion

An estimated 35 billion IoT devices are expected to be operational in financial service environments by 2030, enhancing service delivery but also increasing vulnerability.

Source: Forecasts based on the integration of IoT in financial services.

30%

Internal actors are behind approximately 30% of all attacks in the financial services industry.

Source: Cybersecurity trends and statistics in financial services.

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