A Cyber Defense Guide for the Financial Sector
The financial industry faces dangerous cyber-attacks every day. From data breaches to monetary theft to protecting tax information, banks, credit unions, and other financial institutions must be on guard. In 2018 alone, there were over 500 security incidents affecting financial and insurance organizations – and almost 25% with confirmed data disclosure (Verizon Data Breach Investigations Report, 2018). Institutions don’t just owe it to their customers to be secure. They are also required to meet regulatory and industry compliance standards such as:
- PCI DSS: Regulates organizations that store, process, or transmit cardholder information
- GDPR: Governs personal data protection for EU data subjects
- GLBA: Sets requirements for the collection, safekeeping, and use of private financial data
The bottom line is simple. If you work somewhere that manages personal information or financial records, it’s imperative to protect the systems holding and managing that data. Thankfully, there are many resources available to help you get started. Download the cyber defense guide below to learn more.