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How Can You Improve Financial Services Cybersecurity?


It’s common knowledge that threat actors target banks. Not only might these attackers want to directly steal money, by doing this they’re also hitting the customers and the trust in the bank. If a financial institution suffers a loss, even insurance can only go so far to minimize the actual cost to the organization. The cost gets shared and passed on to each stakeholder, and the business model becomes untenable. With the need for security and privacy becoming more apparent, it is up to you to think about how you can improve your financial services cybersecurity posture.

Of course, there are cybersecurity requirements for financial service companies and cyber laws related to banking to ensure the end consumer does not suffer the brunt of the cost when everything is said and done. But banking cybersecurity regulations are not enough. Why? Because even though data may be our most valuable currency today, money is still the next best currency. It’s tangible, it’s needed for trade and without it life comes to a crashing halt. You’ve heard it before and you are going to keep on hearing it: financial cybersecurity is all about risk management.

The Tough Questions for Financial Services Cybersecurity

When it comes to financial services cybersecurity, like any other security, you need to be honest with yourself. You can rely on outside help, but like any improvement, you need to begin and end from within. Before you begin any type of self-assessment, you need to ask yourself these three questions:

  • Are you really willing to change what you’ve been doing?

  • Can you think of a better strategy or idea than the status quo?

  • Can you execute on your chosen solution?

These three questions are core to how you will manage your cybersecurity challenges. For the purposes of this exercise, let’s assume you truthfully answer yes to all three questions. What are the next steps?

Here are five questions that can help guide you. The beauty of these questions is that they are not temporal, so even as financial services cybersecurity evolves, you can ask yourself these questions on a regular basis and they will still apply. They’re also useful questions…

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New Trend on Cyber Security in Financial Services Market Technology Outlook 2026 – Experian Information Solutions, IBM Corporation, Accenture, Airbus, AlienVault


Cyber Security in Financial Services
Cyber Security in Financial Services

The Global Report on Cyber Security in Financial Services Market Size, Status, Growth and Forecast 2021-2026.

The report provides a unique tool for evaluating the Cyber Security in Financial Services Market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and development, and focuses on market capacities and on the changing structure of the Cyber Security in Financial Services Industry.

Global Cyber Security in Financial Services Market was valued US$ XX Bn in 2019 and is expected to reach US$ 59.04 Billion at a CAGR of 14.32% by 2026.

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Top Companies:  Experian Information Solutions, IBM Corporation, Accenture, Airbus, AlienVault

Market Key Dynamics: 

The companies that offer financial services using technology or some application possess a major threat of being attacked. Because these applications only run with the help of Internet, so the chances of the data being hacked are high. These data mainly contains the personal information like bank details, credit number and various other data. If the data is not being properly handled it will cause a great loss. Hence such companies should assure that they are well secured and make sure that they use the latest cyber security services in order to curb these cybercrimes.

Market Key Analysis:

  • In terms of revenue, cybersecurity in financial services market is expected to reach US$ 59.04 Billion by 2027, expanding at a CAGR of 9.5%
  • On the basis of type of security, network security accounted for more than 38% of the market share in 2018.
  • Based on the service type, professional services segment currently holds the major market share and…

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Global Financial Services Cybersecurity Systems and Services Market 2021 – Accenture PLC., Agiliance Inc., AhnLab Inc., Airbus SE, Akamai Technologies Inc. – KSU

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Market Research Port published a new study on the Financial Services Cybersecurity Systems and Services Market exclusive insights, Opportunities and revenue size estimation and growth factors. The Study is segmented by major and emerging countries having high potential and elaborates qualitative and quantitative information including market size breakdown by revenue and volume (if applicable). The study precisely caters drivers, restrains to capture changing market dynamics affected in current scenario. To reach market size forecast and growth estimation various important metrics are considered like SWOT analysis of players, all recent developments, upcoming launches, joint ventures, merger and accusations of industry relevant players.

Global Financial Services Cybersecurity Systems and Services Market Research Report 2021-2027:

Report Attribute Details
Estimation Year 2021
Historical Data 2015 – 2020
Forecast Period 2021 – 2027
Segments Covered Product Types, Applications, End-Users, Regions, Top Companies and more.
Top Companies Accenture PLC., Agiliance Inc., AhnLab Inc., Airbus SE, Akamai Technologies Inc., Alert Logic Inc., AlienVault Inc., Avast Software S.R.O., Experian Information Solutions Inc., IBM Corporation, VMware Inc.
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East, Africa and more

(Note: The report can be customized with custom requirements.)

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The following report is based on the global Financial Services Cybersecurity Systems and Services market and how it functions. This research report is a well-studied industry report which presents the market analysis, growth analysis, competitive landscape, historical statistics, facts and figures, future projections, business strategies, business revenue, business opportunities in Financial Services Cybersecurity Systems and Services market. The leading companies operating in the global Financial Services Cybersecurity Systems and Services market have been profiled to provide an in-depth outlook of the market. Financial Services Cybersecurity Systems and…

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Capital One Financial Corp Has $678,000 Position in ETFMG Prime Cyber Security ETF (NYSEARCA:HACK)

Protect yourself from online attacks that threaten your identity, your files, your system, and your financial well-being.


Capital One Financial Corp lowered its position in shares of ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) by 52.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,775 shares of the company’s stock after selling 12,837 shares during the quarter. Capital One Financial Corp’s holdings in ETFMG Prime Cyber Security ETF were worth $678,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HACK. Phoenix Holdings Ltd. acquired a new position in ETFMG Prime Cyber Security ETF during the fourth quarter valued at approximately $51,981,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of ETFMG Prime Cyber Security ETF in the third quarter valued at approximately $3,996,000. Riggs Asset Managment Co. Inc. acquired a new position in shares of ETFMG Prime Cyber Security ETF in the fourth quarter valued at approximately $3,941,000. Simplex Trading LLC boosted its holdings in shares of ETFMG Prime Cyber Security ETF by 2,156.1% in the fourth quarter. Simplex Trading LLC now owns 47,784 shares of the company’s stock valued at $2,750,000 after buying an additional 45,666 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of ETFMG Prime Cyber Security ETF in the third quarter valued at approximately $2,099,000.

Shares of ETFMG Prime Cyber Security ETF stock traded up $2.28 on Tuesday, hitting $56.20. The company had a trading volume of 7,760 shares, compared to its average volume of 301,677. ETFMG Prime Cyber Security ETF has a twelve month low of $29.02 and a twelve month high of $64.36. The stock has a 50-day moving average of $59.89 and a 200-day moving average of $52.87.

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Institutional Ownership by Quarter for ETFMG Prime Cyber Security ETF (NYSEARCA:HACK)

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