What’s the cyber future for financial services?
April 26, 2019
While financial services organizations have always been a target for sophisticated criminals, cyber adversaries’ capabilities are breaking new ground as they advance rapidly. In our latest Accenture cyber threat intelligence research, we point to several key threats that, when combined, lay the groundwork for multistage, multiparty attacks that could result in a new wave of extreme cyber attack scenarios for financial services.
Our report, “Future cyber threats: Extreme but plausible threat scenarios in Financial Services,” [PDF] describes each of five key threats in their earlier and current forms and examines how they could evolve in the future. We explore:
By understanding the past and anticipating the future nature of threats, we aim to help financial services organizations to be better prepared. Here are five actions financial services organizations may wish to consider in the face of new threats and adversaries:
With a long history of collaboration, we are certain that now, more than ever, financial services organizations need to come together to address security and resilience challenges. As they maintain this spirit of collaboration and gain momentum—both within the sector and with governments around the world—they can secure the trust that is essential to the success and sustainability of the whole financial system.
Accenture Security is a leading provider of end-to-end cybersecurity services, including advanced cyber defense, applied cybersecurity solutions and managed security operations. We bring security innovation, coupled with global scale and a worldwide delivery capability through our network of Advanced Technology and Intelligent Operations centers. Helped by our team of highly skilled professionals, we enable clients to innovate safely, build cyber resilience and grow with confidence. Follow us @AccentureSecure on Twitter or visit us at www.accenture.com/security.
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