Cybersecurity for Finance
Protect high-value assets and minimize risk.
Cybercriminals go where the money is
The finance industry is a prime target for cyber-attacks. Whether it’s account data or trading and investor information, financial firms hold a wealth of information that can be quickly turned into monetary gain.
The average cost of a breach in the finance industry in 2017 was $18.3M
Banking malware attacks against finance increased 5X from 2016 to 2017
The finance industry has a 2.8% client churn rate after a breach
There’s more than money at risk
A cyber breach can cost a firm a lot more than financial assets, business disruptions or compromised confidential information. The reputational damage can negatively affect a firm’s performance long after the breach is resolved.
A breach could be business-ending for firms like these:
Compliance is more than checking a box
The finance industry has faced a growing and ever-changing list of compliance requirements in response to heightened cybersecurity risk. Regulatory agencies like SEC hold financial firms to routine questionnaires and security audits to validate a firm’s security posture and overall compliance.
With GDPR and NYCRR coming into play, regulators are no longer just checking to see if you have cybersecurity policies and procedures in place. They're looking for proof that you're doing everything in your power to uphold them.
Are you prepared?
Download the Regulatory Security Preparatory Checklist to ensure you're prepared to present documentation, policies and procedures, and tangible evidence related to cybersecurity matters.
Protect your wealth.
Year over year, we've been recognized as a leading vendor in the finance industry
We work with firms of all sizes in the financial industry – protecting trillions in assets under management (AuM). This gives us a unique perspective on the types of risks and attacks that financial organizations face and how to detect and mitigate them.
eSentire Managed Detection and Response™ (MDR)
protects your network from cyber threats that other technologies miss.
Our 24x7 Security Operations Centers (SOC) are staffed by elite security analysts who hunt, investigate and respond to known and unknown threats in real time.