By Justin Reilly, CEO, Impero Software
Although cyber threats are common across all sectors, one of the most lucrative targets for security breaches is finance The financial sector is known for having a particularly rigorous security protocol, but inbound threats have responded by becoming ever more elaborate. Firms will need to remain vigilant to stay ahead of the curve, especially regarding the actions of employees and the security of their devices.
The risk of cyber-attacks in the financial sector is currently extremely high. Impero’s recent device security survey of over 400 financial services firms reported that one in three financial sector employees have been involved in at least one cybersecurity incident.
Threats of cyber-attacks are only set to rise. Therefore, firms must work with their employees to develop clear security protocol, as well as taking a proactive approach to adopting cyber safeguarding measures. The latter is especially important – firms cannot rely on technology alone and must also pay close attention to how employees access company systems and data.
Accessing sensitive systems and data
One of the largest risk factors over the last couple of years has been the rise in remote and hybrid working arrangements. Those employees less versed in cybersecurity may have assumed that the local coffee shop’s network was fine to use – but public Wi-Fi networks are often unsecured. Unfortunately, accessing company data over such networks has become common. The same is true for unsecured personal devices, with a quarter of those surveyed admitting to using them to access sensitive company data.
The question of standardisation is very much relevant here. Firstly, there is not always a company policy around the use of perso ..
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