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Why Financial Services Must Focus on High-End Cybersecurity

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It is the financial firms that are witnessing a maximum number of threat from the cybercriminals. In an official blog of PWC, one of the premier financial service providers, it is suggested “As attacks increase and regulators take closer notice, the pressure to act mounts. By recognizing that hackers will find vulnerabilities, leaders can improve the way they design and deliver services, manage risks, and train their teams.” C ybersecurity is the main agenda of 2018 T3 Enterprise conference - Cybersecurity was the main discussing point of the 2018 T3 Enterprise conference , held in Las Vegas, Nevada. On a daily basis, the average financial services company handles thousands of complex and critical transactions processed through mammoth data centers and numerous third-party vendors. Quite obviously this makes them prone to the security theft. Perhaps the highest profile of recent cyber-attacks – the WannaCry ransomware attack that infected more than 230,000 computers around the w