2017 Cybersecurity Outlook for Financial Services Organizations

Given the nature of the industry, the financial services sector has always been extremely prone to attacks. However, organizations have long been driving efforts in maintaining regulatory compliance, it is not enough to assure sufficient protection against new and evolving threats. Although regulations focus on safeguarding specific data assets, they do not cover the broader scope of network and operational considerations required to achieve high degrees of security.

Financial Services organizations need to constantly update their cybersecurity strategy and policies and keep up with modern trends in order to strengthen their security posture. They also need to upgrade the skills of their workforce, so they can efficiently deal with security issues that come their way.