16 January, 2018
Apvera Insight FSI Threat Intelligence
Financial institutions are the backbone of today´s highly globalized economic environment. With the world´s 50 largest banks having a combined market capitalization of more than US$ 4,240 billion, it is not unusual that financial services are becoming a prime target for cyber-attacks such as financial fraud, unauthorized access, and identity thefts.
Financial services worldwide have to “juggle” between constantly evolving cyber threats and sometimes contradictory compliance obligations.
Additionally, employees with legitimate access, service providers, and various contractors make a serious attack vector if and when their security credentials are compromised. As a result, cyber-attacks have become even more frequent and their potential impact has made insider threats a number one challenge that financial executives need to deal with at all levels of their organization.
This white paper analyzes the security threats and challenges faced by financial institutions and provides Apvera´s view on how to mitigate risk and compliance in order to prepare, defend, and strengthen their security from constantly growing insider threats.
For the full report, please click here.
