Navigating Cybersecurity Risks for Financial Organizations
The financial sector has witnessed a rapid digitization that offers unparalleled conveniences and efficiencies. However, this digital transformation comes with its own set of vulnerabilities. Financial organizations are attractive targets for cybercriminals due to the immense value of the data they handle. From client financial records to transaction histories, the treasure trove of information stored by financial institutions makes them susceptible to data breaches and ransomware attacks, threatening both financial stability and reputation.