Strengthen financial security with advanced cybersecurity pen testing.
Cybersecurity is a major issue for the financial sector due to the high-value data and financial transactions at risk. The industry's digital reliance makes it a prime target for cybercriminals, necessitating robust measures to protect against data breaches and financial theft.
I am convinced that there are only two types of company - those that have been hacked and those that will be.
While all industries are susceptible to cyber threats, some are more prominent than others. Take a look at the most common ones facing your industry...
Phishing involves deceptive tactics, such as fraudulent emails or websites, aiming to trick individuals into disclosing sensitive financial information.
Phishing attacks can lead to unauthorised access to financial accounts, identity theft, and financial fraud, posing significant risks to individuals and financial institutions.
Implement regular cybersecurity awareness training, utilise email filtering systems, and encourage multi-factor authentication to enhance protection against phishing attacks.
Insider threats involve individuals within the finance sector, such as employees or contractors, who intentionally or unintentionally compromise security.
Insider threats can result in unauthorised access to financial data, fraud, and the compromise of sensitive information, posing substantial risks to financial institutions.
Implement strict access controls, conduct thorough background checks, monitor user activities, and foster a culture of cybersecurity awareness to mitigate insider threats.
Credential stuffing involves cybercriminals using stolen usernames and passwords from one site to gain unauthorised access to financial accounts due to individuals reusing credentials.
Credential stuffing can lead to unauthorized access to financial accounts, identity theft, and financial fraud, exploiting the common practice of password reuse.
Encourage users to use unique and strong passwords, implement multi-factor authentication, and regularly monitor and detect unusual login activities to mitigate the risks associated with credential stuffing.
Add an extra layer of protection against unauthorised access to financial systems and accounts.
Regular and comprehensive cybersecurity training to enhance awareness, recognise threats, and reinforce best practices
Mitigate vulnerabilities by promptly applying security patches and updates to financial software and systems.
Precursor Security's services fortify finance industry cybersecurity by identifying and addressing vulnerabilities, ensuring proactive risk management and safeguarding sensitive data against evolving cyber threats.
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