Frequency of Cyber Attacks in Financial Services Firms Increasing

We all remember the data breach at Equifax two years ago, and the turmoil it created by directly affecting 143m consumers. Well, post-Equifax cyber attacks have increased on financial institutions at an alarming rate. In fact recent data indicates that customers of financial service firms have suffered over 60% more incidents than any other sector. The threat has become so severe that our government passed the National Cybersecurity Protection Advancement Act and The Cybersecurity Information Sharing Act (CISA) specifically to assist in addressing the problem etc. are helping accelerate the adoption of cybersecurity in the financial sector.

We are working with our clients in that space to put together a comprehensive analysis of the cybersecurity market in financial services. Including market drivers, challenges and emerging technologies. We expect to provide the market with a comprehensive report that will give those in the financial markets a roadmap to solution providers. If you wish to participate, please reach out to discuss. Expect to see ongoing updates as our process unfolds.