As a response to the growth of sophisticated threats, regulatory bodies have issued guidelines and standards to ensure necessary cybersecurity processes and controls are in place across the healthcare, financial services, and retail industries to minimize the impact of an attack.
For encryption to work in the financial services industry, firms must take an integrated approach within their security strategy to make sure encryption is doing its job: providing critical security and data protection without decreasing the productivity of the security infrastructure as a whole.
Fortinet recently talked with Gary Southwell, Managing Director, about CSPi’s security priorities and the tools they produce to keep customers’ information secure through automated breach identification and notification, consequently avoiding loss of reputation and incurring compliance fines.
The European Union’s General Data Protection Regulation (GDPR) will begin May 25, 2018, and businesses across the globe are bracing for the updated legislation. The GDPR is changing more than data compliance—it’s changing the way businesses operate—affecting how and when they interact with the data of EU residents. One industry that will be held to higher standards is healthcare.
The use of Shadow IT is increasing thanks to SaaS. Learn the risks that shadow IT poses to financial services firms, and how to mitigate them.
By now, it’s no secret that cybercriminals have targeted, and continue to target, the financial services industry with advanced attacks that are designed to steal or otherwise jeopardize valuable data. As a result, many organizations have taken at least some initial steps to better secure their networks and the information that lives within them. In fact, according to Duff & Phelps’ “Global Regulatory Outlook,” 86 percent of professionals in the financial services industry say their companies have plans to put more...