Financial services face intense regulatory scrutiny and sophisticated attacks targeting valuable assets and sensitive customer data.
Key Threats
- Account Takeover - Unauthorized access to customer accounts.
- Payment Fraud - Fraudulent transfers and transactions.
- Data Exfiltration - Theft of PII and financial records.
Regulatory Requirements
Financial institutions must meet strict compliance requirements including PCI DSS, SOX, and various banking regulations.
Security Essentials
- Transaction Monitoring - Real-time fraud detection systems.
- Strong Authentication - MFA for all access, especially transactions.
- IP Intelligence - Block and challenge suspicious IP origins.
Conclusion
Financial institutions face sophisticated threats that require robust security controls. By combining transaction monitoring, strong authentication, and IP intelligence, you can protect your customers and meet regulatory requirements.