United States Cybersecurity Magazine

ProcessBolt
From the Summer 2022 Issue

Cybersecurity in Banking and Financial Services Industry: Main Threats, Requirements, and Recommendations

Veniamin Simonov
Director of Product Management | NAKIVO

Finance is in the top 3 industries most frequently attacked by hackers, and for a good reason. Banks collect, store, and process personal information to serve clients, which can easily be misused when in the wrong hands. Consequently, a single data breach or loss incident can cost tens of millions of dollars (the Equifax data breach in 2017 cost $425 million to the company).

In this article, we explain the main . . .

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