Cybersecurity in Financial Services – What Will the New Year Bring?
The COVID-19 pandemic drastically changed the way that financial organizations operate, communicate, and do business. As firms were adjusting to new ways of working, cyber criminals were eagerly awaiting the opportunity to take advantage and exploit security weaknesses. Today’s cybercriminal is capable, skilled, and constantly evolving to take advantage of online behavior. As we enter a new year, new cybersecurity challenges are ahead of us. So, what can we expect in 2021?
The rising risk of remote working
Today the majority of financial organizations have a remote workforce, and this way of working brings a set of challenges organizations must address to ensure customer and employee data is protected. Remote employees are sharing their home network with smart TVs, phones, tablets, and various IoT devices that are not adequately secured. The exchange of highly sensitive, confidential, financial information tha
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