Topic

Financial Services SASE

SD-WAN in Financial Services: Enhancing Security and Agility

SD-WAN enhances security, agility, and cost-efficiency for the financial services sector, supporting regulatory compliance, reducing downtime, and improving customer experience. The financial services sector faces many challenges, such as stringent regulatory requirements, the need for enhanced security, and the demand for seamless connectivity to support constant connectivity between systems. In order to achieve this, many businesses within financial services have adopted Software-Defined Wide

23 Jul 2024

Cybersecurity requirements for Financial Services companies

Financial Services face threats such as ransomware, data breaches and vulnerabilities from remote workforces. Solutions include access management, endpoint security, SD-WAN, FWaaS and compliance tools. Cyberattacks are on the rise, and the costs and impacts of ransomware, data breaches and other cyberattack campaigns continue to grow. According to IBM's 2024 Cost of a Data Breach Report, the average cost of a financial sector data breach has risen to $6.08 million, maintaining its position as t

11 Mar 2022

How to deal with Cybersecurity Financial Services compliance

Financial Services organisations must mitigate risks like ransomware, supply chain attacks, and insider threats. This can be achieved via Zero Trust architecture, privileged access management, compliance monitoring and utilising best practices. In the financial services industry, many aspects of data security and privacy involve risks - of cyberattacks, lost productivity and brand reputation, and many types of recovery costs, to mention a few. Mitigating and avoiding these risks require IT sec

8 Mar 2022

What are the top 10 Financial Services Cybersecurity questions?

The questions for financial services when comparing cybersecurity solutions are: * What financial services does my organisation need to expose to the public internet? * What type of financial services does my organisation provide to customers/users? * What type of payment information do my organisation’s internet-facing applications gather, share, process, or store? * What type of security team does my organisation currently have? * Users of my organisation’s services and resources com

1 Mar 2022

Financial Services Cybersecurity Risk Management

Financial Services must manage risks such as ransomware, insider threats and regulatory compliance demands. To achieve this, using tools ZTNA, XDR and FWaaS (typically bundled into SD-WAN/SASE), can mitigate potential risks. The financial services sector has been in the eye of the cybersecurity storm for many years. However, 2021 saw unprecedented cyber-attacks. The banking industry, for example, experienced a staggering 1,318% increase in ransomware attacks during the year. The ENISA Threat La

25 Feb 2022

How to buy SASE Cybersecurity for Financial Services

To buy SASE solutions for financial services, organisations should prioritise data loss prevention, Zero Trust Access controls and solutions that offer support for complying with regulations. The financial services cybersecurity product set is designed to protect an industry which is among the most targeted sectors for cyber-attacks due to the type of information they collect and process: non-public information (NPI) about consumers, such as names, addresses, financial information, payments inf

22 Feb 2022