Fraud & Cyber
Representing the most targeted and exploited sector by threat actors, proactively managing cyber risk has become the top priority for finance and fintech firms. Since 2020, cyber breaches within financial services companies have increased over 2.4x, negatively affecting the customer experience, reducing investor confidence and impacting regulatory compliance status.
The latest Verizon DBIR report reveals that 96% of the breaches were financially motivated and nearly half of these breaches were intentional or accidental worker actions. Defenders of financial service enterprises need the visibility and freedom to proactively protect their organization and enable secure work and data sharing in this new threat environment.