security for financial services: step it up a level
TRANSCRIPT
Financial services organizations remain vigilant because they are under constant attack from hackers. But is the industry leading the way in security sophistication and
maturity?
@CiscoFSI
Financial services firms show about the same level of security readiness as organizations in
other industries.
@CiscoFSI
Interestingly, financial services firms that have suffered public scrutiny following a breach are less likely to use
threat defenses than those who haven’t.
@CiscoFSI
Compliance with regulations doesn’t provide sufficient defenses.
@CiscoFSI
28% of organizations in other industries use cloud-based vulnerability scanning, compared with only 18% of financial services businesses. *
Financial services firms are less likely to use cloud-based security tools.
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28% of Financial services organizations say they do not outsource any functions to third parties, compared with 20% of firms in other industries. *
Financial services firms are less likely to outsource
security services.
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72% of CISOs perceive their level of security sophistication as being in the top two levels vs. only 52% from the SecOps managers.
There is a perception gap between CISOs and SecOps managers of their ability to protect their network.
@CiscoFSI
Better communication and regular review of security stance is key to identifying issues and closing gaps.
@CiscoFSI
Compliance with regulations is only part of what’s needed as it doesn’t provide sufficient defenses to new kinds of
attacks.
The best strategy is to aim to be ahead of criminals in this fast-moving environment by making
improvements to your security strategy today. @CiscoFSI
Are you keeping up with the rapidly changing landscape?
Download the whitepaper to start now.
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