FINTECH
The Importance of Cybersecurity in Financial ServicesThe financial services industry faces constant threats from cybercriminals seeking to steal valuable information, disrupt operations, and damage reputations. The potential risks and consequences of a cyber attack can be severe, including financial losses, legal liability, and loss of customer trust. The increasing use of technology and the growing number of connected devices make the industry more vulnerable to cyber attacks than ever before.Partner with Entersoft Security for Comprehensive Cybersecurity Solutions
Entersoft Security offers cutting-edge cybersecurity solutions for the financial services industry. Our team of CREST and OSCP certified professionals performs in-depth cybersecurity risk assessments using advanced methods and technologies to identify potential vulnerabilities in your financial systems and networks.
The Importance of Cybersecurity Risk Assessments
To protect financial systems and data, it is essential to conduct regular cybersecurity risk assessments. A thorough assessment can help identify potential security threats and vulnerabilities, evaluate their likelihood and impact, and develop custom security solutions to mitigate them. The following are the key components of a comprehensive cybersecurity risk assessment:
A comprehensive analysis of all financial systems and networks
Identification of potential security threats and vulnerabilities
A review of existing security policies and procedures
An analysis of the likelihood and potential impact of a security breach
Recommendations for improving cybersecurity
CASE STUDY
Improving a Fintech's Security to work with banksRead moreA leading fintech company in Australia faced challenges in working with a major bank due to significant gaps in its cybersecurity posture. However, after engaging with Entersoft, a cybersecurity firm specializing in financial services, the fintech company was able to improve its security posture within three months. As a result, the fintech company was able to successfully work with the bank and strengthen its reputation as a secure and reliable partner.
Cyber Threats in Financial Services
The loss or theft of sensitive information can expose customers' personal and financial information, leading to identity theft or financial fraud.
Hackers can use malicious software to encrypt financial data and demand a ransom payment in exchange for restoring access.
Cybercriminals use emails, phone calls, and other means to trick individuals into revealing their personal and financial information.
Employees, contractors, or third-party vendors with access to financial systems may intentionally or accidentally compromise the security of financial data.
Distributed denial-of-service (DDoS) attacks can overwhelm financial systems, leading to significant downtime and losses.
Attackers may use social engineering tactics to trick employees into revealing sensitive information or providing access to financial systems.
EXCELLENCE IN CYBERSECURITY
ELETS BFSI TECH INNOVATION AWARDS
Innovation leads to awards. We are no stranger to either.
We advocate a culture of security and believe that security beginning at step-one of application development, is crucial for protection against a lifetime of threats. We have been duly recognized for our excellence in application security.
As a Market Leader in FinTech Security, we assist you with
Our Key Clients
