Delivering Security in a Rapidly Changing World
Banking and financial institutions have some of the most demanding industry IT compliance requirements. And as digitisation increases, so does the complexity of cyber-attacks.
Digitisation of banking and financial services has shifted daily transactions to mobile apps and online portals and has become the key enabler for making customer experience fast and seamless.
In turn, the aim is to satisfy and retain customers by offering analytics-driven products and simplified services. These demands need to be satisfied in order for financial institutions to succeed in what can now be considered to be a highly competitive market.
Ultimately, the changes that have been made by these institutions have been seamless. However, in some instances, unwanted security concerns have evolved and since the pandemic, frauds and phishing attacks have increased dramatically.
Given the severe consequences of a security breach, it’s critical to build on reliable and proven cryptographic cybersecurity solutions.